Afriversity is a not-for-profit trust assisting South African entrepreneurs from low-resource areas with the necessary tools, training, and mentorship to compete in and become a part of the digital economy. The trust relies on international and national sponsors, ranging from corporations to government agencies and even private individuals.
SME Support Services
Aurik is a business accelerator that builds successful entrepreneurial businesses. The company works with businesses and entrepreneurs to accelerate their growth and profitability in order to build an Asset of Value. Aurik has, since its inception, worked with over 400 business owners to transform their businesses into Assets of Value.
The Awethu Project is an innovative SMME investment company (and incubator) that flexibly and fluidly combines ideas, people, and capital in order to build the fast-growing SMMEs that Africa needs. Since its inception, the Awethu Project has incubated hundreds of entrepreneurs (ranging from informal traders to Black Industrialists, and everyone in between), gained international recognition, and continnues to use entrepreneurship to build a fair world in which every entrepreneur has the opportunity to realise their potential.
The Bandwidth Barn is a space for start-ups in and around Cape Town to grow and connect. It was established and launched by the Cape Innovation and Technology Initiative (CiTi) in 2000, and has two locations: the first in Woodstock and the second in Khayelitsha. Bandwidth Barn Woodstock is a multi-faceted co-working space that supports and incubates tech and tech-based businesses in Cape Town. Bandwidth Barn Khayelitsha is a community space that enhances tech entrepreneurship and innovation in Khayelitsha and Mitchells Plain.
The Business Fitness Analysis (BFA) culminating in the Business Fitness Report (BFR), assists the SME owner identify their own high level business needs. The BFA is a questionnaire (created and provided by Sanlam) that requires mainly YES/NO answers and takes approximately 20 to 30 minutes to complete. It does not seek any private or business financial information, and covers financing/finances, business continuity, business management, wealth creation, employee benefits.
Cape Venture Partners (CVP) provides business advisory services to clients from the Technology, Media, and Telecom industries. Founded in 2004, the company lead primarily by three partners: Geoff Hainebach (founding partner), David Murray (partner), and Martin Wright (partner), who are all entrepreneurs in their own right and therefore understand what it takes for an entrepreneur to succeed commercially. CVP advises businesses and entrepreneurs (specifically high-growth entrepreneurs) on strategy, operations, finances, sales, and marketing.
Your current ratio, a comparison of current assets to current liabilities, is of particular importance to you if you're thinking of borrowing money or getting credit from one of your suppliers. Potential creditors also use this ratio to measure a business or entrepreneur's liquidity or ability to pay off short-term debts. Bankrate has created and provided a free, online calculator which you can use to calculate your current ratio at any given time.
When it comes to finding accurate information about starting or running a business, it can be hard to know who to ask or where to look. Reading the articles on this website are a very good place to start, but it can be even more valuable to find an expert who can give you face-to-face advice. A mentor can walk with you on your journey as a small business owner.
Entrepreneur and Management Solutions offer a range of business development strategies and services to address all aspects of business and NPO start-up, operations, and growth. The company comprises of a team of Coaches, Financial Managers, and Accountants who collaborate with each client to improve their productivity, brand footprint, profitability, and to enhance their position in the business market.
The Entrepreneurs Growth Centre is a support desk for entrepreneurs wishing to start or grow their businesses. The centre provides entrepreneurs with the information needed to run a successful business, addresses the challenges entrepreneurs face and, in doing so, promotes and develops entrepreneurship in South Africa.
Business Partners Limited has compiled a list of institutions and training providers offering courses in business management and entrepreneurship, which should add value to someone looking to start or grow their small business. This list focuses on accredited courses. Full time, part time, distance learning, and even online programmes are included in this list.
Fetola is a commercially driven social enterprise, dedicated to making a lasting and positive difference to the nation. It has grown from being a small consultancy company to a widely-recognised SME specialist with national reach. Fetola tailor-makes successful enterprise and supplier development programmes, and has done so for over 10 years. As a value-add, they also provide reputation and brand-building opportunities to their clients, using their in-house media team, sponsorship, and advertising solutions. Youth, women and SME audiences are their particular focus.
It's no secret that women think and behave differently to the not-so-fair sex and it's no different when it comes to business.
The SAB Foundation Tholoana Programme is Fetola's flagship programme which they designed and implemented in partnership with SAB. It is one of the most visible and impactful programmes of its kind in South Africa and has helped over 150 emerging businesses attain new levels of success as a result of the programme.
There are very few businesses that thrive ALL the time. Whether it's a slump in the market, increased competition or technical/operational issues. It's important to identify the problem, and then find someone who can help you solve it. This article helps you identify signs that your business is in need of assistance from mentors or consultants, and seek out that help.