The Department of Trade, Industry and Competition (DTIC) provides institutional support for industrial development in the country. For small businesses, in particular, the agency offers financial support to qualifying companies in various sectors.
 
The financial support that is provided by the DTIC includes non-repayable business grants. Some of the DTIC Funding Incentives are:

• 12I Tax Incentive

• Agro Processing Support Scheme

• Aquaculture Development and Enhancement Programme

• Automotive Investment Scheme

• Black Industrialist Scheme

• Capital Projects Feasibility Programme

• Clothing, Textiles, Footwear and Leather Growth Programme

• Film Incentives

• Technology and Human Resource for Industry Programme

• Support Programme for Industrial Innovation

Find out what the objectives are for each of these initiatives and whether your business qualifies for a particular incentive.

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Marketing strategies to implement in your business

There are several free or low-cost marketing strategies you can use for your business, including social media marketing, online business directories, email marketing and referral programs. You can even invest in collaborating with other entrepreneurs and get media coverage for your brand.

You might also want to consider putting together a budget for certain marketing trends, such as video marketing and Chatbots. Which of the following marketing trends have you implemented in your business?

• Personalised marketing

• Video Marketing

• AI and Chatbots

• Local SEO

• Social Commence

If you are still unsure about your marketing strategy for your business, read more about the marketing trends.

Customers today crave convenience, and that often means paying with cards. At SME South Africa, we want to help you keep up with the times and grow your business. That's why we're offering a fantastic deal on a card machine – and it comes with a special bonus for you!

Why Get a Card Machine?

Here's how a card machine benefits your business:

• Increase Sales: Studies show customers tend to spend more when using cards. Open yourself up to a wider customer base and watch your sales climb!

• Simplify Operations: Reduce the risk of theft and errors with cash handling. Plus, say goodbye to time-consuming bank trips!

• Enhance Customer Experience: Offer a smooth and secure checkout, leaving a positive impression on your customers.

• Added Security: Modern card machines use chip and pin technology, keeping both you and your customers safe.

Exclusive Offer: R100 Off Your Card Machine!

We've partnered with a leading provider to provide a reliable and affordable card machine solution. But here's the best part: when you sign up through us, you'll get R100 off your initial purchase!

Ready to Take Your Business to the Next Level? Don't miss out on this opportunity to increase sales, simplify operations, and improve your customer experience. 

Prepare your statement of profit and loss
Download the Income Statement template to help you track your company’s expenses, income, gains, and losses, and determine your net profit or loss.