7 Signs You Should Expand Your Business
Things are going well with the business, but you suspect it could go even better. Then maybe it’s time to expand.
Business Expansion
Applying for funding from Business Partners Limited
Funding option for SMEs
Assessing your company's financial position
You may think that because you have good bookkeeping and accounting processes in place and your cash flow is under control, you can sit back and relax. Unfortunately, you'd be wrong. This is the perfect time to do an in-depth analysis of where your business stands financially. If you're not so clued up about the accounting and financial side of your business, you may not realise how an in-depth financial analysis can benefit your company. Learn how to get the most out of your financial information.
Be in control of your business growth
Staying on top of your small business's growth and making sure it doesn't happen too fast.
Broaden your client base
Clients are and remain the treasure of every business. This article will try to answer the following question: “Who is the ideal client for my business?”
Business Fitness Analysis
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.
Business Partners Ltd - SA’s leading risk financier for SMEs
http://www.businesspartners.co.za
Business tip – Three activities to grow your business
It is said that business is simple, but it is definitely not easy. This article aims to highlight three ways in which businesses can grow.
Business valuation methods
There are a number of instances when you may need to determine the market value of a business. Certainly, buying and selling a business is the most common reason. Estate planning, reorganization, or verification of your worth for lenders or investors are other reasons. Valuing a company is hardly a precise science and can vary depending on the type of business and the reason for coming up with a valuation. This article looks at some of the common methods used to determine the value of a business.
Buying a truck with the right specifications
Buying a truck for your business is no negligible expense. Therefore you want to make sure you get the best truck for the job.
Create a business plan – download this book now!
This Business Plan e-book is widely regarded as one of the best preparatory publications on writing a business plan. It deals extensively with the all-important background information required for a business plan – everything that potential financiers may require before considering a business loan. More than just a business-plan writing aid, the Business Plan Book constructively helps the would-be business owner or existing business owner wanting to expand his/her business to identify and deal with potential problems before they arise.
Expanding and Handling Problems
Learn to avoid the common business mistakes as you expand your business and pursue profit.
Finding financing: terms and definitions
When you approach a potential financier to provide a loan for starting or expanding your business, it's best to be aware of some of the terminology that may be used and what they mean. This article provides you with a list of terms related to financing and finance that it would be helpful for you to know. While this list isn't the complete financing lexicon, it does point you in the right direction.
Gearing for growth part 3 - elements of a growth strategy
It is striking how many business owners manage their businesses without any methodology.
Gearing up for growth part 1 - planning your strategy
With claims that the economy is out of the recession, entrepreneurs should be looking for ways to take advantage of the opportunities the marketing is offering.
Government Incentives for small businesses
The South African government is well aware of the importance of developing the economy, creating employment and attracting foreign investment. To make these goals a reality, there are grants and assistance programmes available from the government and associated organisations that can get your business off the ground and expanding. Unlike a loan, a grant is an award of money that is non-repayable. While the government is one of the best sources of grants, its selection criteria is strict and paperwork intensive, and the receiving business is obligated to spend the funds in a manner specified by the provider.
Growing your business
Ideas for expanding one's business
How to get funding to upgrade your small business
A small business needs business loans to cover cash flow gaps, add to the working capital or to grow the business. There are many ways that you can finance an upgrade for your business by applying for a small business loan. Knowing how to get finance is important for small business owners. Here are a few helpful tips on how you can receive funding for your business.
How to grow your business through good content marketing
Marketing is one of the aspects of business that managers and entrepreneurs often struggle with the most. From determining the appropriate marketing budget to developing an effective marketing campaign or strategy, this business operation can be a source of a lot of stress. Especially when marketing efforts don't have the intended effect. This article shows how effective content marketing can grow your business.
How to grow your business while saving money
There will inevitably come a time (or many) in your entrepreneurial journey when you begin to consider or actively try to grow your business. This time often occurs at a point where you may not have the financial resources to grow your business according to the plan you identified. However, that should not stop you from doing it anyway. These 8 tips will help you achieve business growth at a fraction of the cost.
Investors Network - Financing South Africa's Business Ideas
http://www.investorsnetwork.co.za
Is your business ready to grow?
Generally, small businesses set out to grow. You want your business to thrive and make a name for itself. Most of all, you want to increase your profitability. So, you build your customer/client base, hire more staff and invest your time and energy to make your business a success. But how do you know it’s time for your business to grow? How can you be sure you’re up for the challenge? Here are some questions to ask yourself before growing your business.
National Business Initiative - a voluntary group of companies promoting sustainable growth & development in SA
Voluntary groups of businesses and multi-nationals looking to promote sustainable development and growth in South Africa
Prepare for growth
A look at how one can plan for the expansion of your business.
Steps to follow when buying a company car
As your company expands, there are business assets that you will need. For starters, you might need to purchase an additional vehicle for your business. Having an extra company car can make it easier for your employees to run their business errands without causing delays for anyone else in the business. However, buying a car without financing can leave a dent in your business cash flow. Luckily, with vehicle and asset finance your business should afford a car of your choice. Here are a few helpful tips on financing a business vehicle.
The do’s and don'ts of business expansion
Every business goes through a growth spurt and, whether a multi-national corporation or an entrepreneurial venture, expansion is a tough process to navigate. The real danger for any expanding business is that it does so too quickly or in an uncontrolled way. The trick is therefore to manage the growth process so you reap the benefits in the medium- and long-term. Here are some important things to bear in mind and some pitfalls to avoid so that everything goes smoothly.
Tips for managing organisational change
Failure to adapt to change will signal the death knell for any business.
To expand or not to expand?
What to consider before expanding your business
Types of finance available for SMEs
Types of loans available to SMEs
When success can ruin your business
All businesses strive for success. However, growth needs to be managed. If you don’t have the right structure in place, rapid growth can actually undermine all
Where is my business heading?
Set aside time each month to consider where your business is headed.
Your complete plan on just one page
By the time you have completed your business plan it may already be out-of-date. That’s why, in the rapid-changing world of today, we need to plan for the next step towards our goals without always knowing the full path of getting to the desired destination. This is pretty scary, since we must acknowledge that we will never know for certain exactly how things will pan out, even after completing our business plan. Use this one-page to go beyond traditional ways of planning for your business.