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Tips For Breaking Into Business As A Woman
We end off Women’s Month with a reminder that there is no dedicated month for businesswomen in South Africa as they are making moves year-round.
Although there are no limitations when it comes to the sectors in which women can forge their paths, certain sectors are more popular than ever.
Businesses, where women are making a mark, include:
Digital marketing: The digital marketing sector is a broad one and includes services such as social media, content marketing, SEO, email marketing, native advertising and paid ads.
Influencer marketing: Influencers make an income by working with brands and creating sponsored posts, campaigns and other advertising content.
Tech products: South African women entrepreneurs are already behind many innovative digital platforms and apps that improve the quality of life for millions.
Skincare and beauty: This includes business ideas catered to the women's market such as hairdressing, cosmetics, weight loss treatments, women’s gyms, skincare clinics, nail and beauty bars, and spas.
If you are a woman looking to get ahead in business, please note that there is woman-specific funding available.
New This Week (29 August 2023)
Presentation Skills To Close Deals
There's nothing like an engaging presentation to invoke interest in whatever it is you are selling whether it is a product or a service. It has been proven that the more the prospective clients feel involved in the presentation, the more the chance of sales success.
How to improve your team's presentation skills:
Create and follow a sales framework for sales calls.
Do your research and understand that the better your questions, the better the opportunity can become.
Create a few real-life examples of sales calls and role-play every week internally.
Attend a meeting with one of your salespeople and observe.
Train your salespeople. In a challenging and competitive market, often your biggest difference is the skill of your salespeople.
If you want to motivate your sales team to succeed we have some must-see info below:
Exploring Innovative Funding Solutions: Join the Discussion!
One of the most common challenges entrepreneurs face is securing thenecessary funding to fuel growth and innovation. Startwise invites you to shareyour experiences, insights, and strategies regarding funding solutions that haveworked wonders for your ventures.Whether you're a startup in its infancy or a seasoned business looking toexpand further, the quest for funding is a constant theme. Collective wisdomcan pave the way for novel ideas and approaches that might just be thebreakthrough solution other entrepreneurs have been seeking.Turn your experience into a resourceful guide for tackling funding hurdles. Jointhe conversation and be a driving force in our shared journey towardentrepreneurial success.
How To Go About Getting A Business Loan
Applying for funding to get your dream off the ground may seem like a daunting task. There are so many options and so many requirements, fortunately, we have a guide to assist you in getting the loan you need. What are your funding options?
Bridging finance, also known as a bridge loan, is a short-term loan used by a business to finance its working capital.
Purchase order finance is used by a business to complete an order and finance the supplies.
Inventory loans help businesses to buy stock.
Working capital finance provides a much-needed boost to cash flow.
Merchant cash advance extends funds to businesses that accept payment via a card terminal.
Credit cards can be used to cover day-to-day business expenses.
For an overview of what you need to access these funds see below:
Ways To Get Funding As A Young Person
Are you considered "Youth" and are looking for ways to fund your business? We have a full guide of options for you.
Youth-focused funding:
The Youth Challenge Fund (YCF)
The following guide will give you an in-depth view of which options are available to you and how you can go about applying.