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Monthly Archives: March 2013

The Friday Business Card impression : Easter Edition

Starting a business? Make sure you get all the attention with a unique and memorable business card. Be inspired to design a unique and creative business card ranging from Rabbits, Chicks, Chocolate and Religious all for our Easter Edition.

For more on starting a business visit Phase One.

Rabbit Hole Business Card

Die-Cut-Rabbit-Business-Card_2

Creative Candy Land Business Card. Chocolate Bar

creativecandyland.

Black Rooster Business Card
The Church Business Card
Creative-Church-Business-Card_1
Choko LA Business Cards. Chocolate wrappers
CHOKO LA
Macomix Business Card. Wooden Business Card.
macomix
Franny Carufe Business Card.
Franny Carufe
Sid and Pia Business Card.
Sid-and-Pia-by-James-Rivas

Do you think your business card has got what it takes to compete as the most memorable business card in the 21st century. Let us know and you might just make it into one of our top five of the week.

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How to Register a Company in South Africa

How-to-Start-a-Small-Retail-Business

“South Africa remains one of the more poorly-performing countries with regards to entrepreneurial activity, despite the factors which are conducive to entrepreneurial ventures, including government policies and programmes aimed at stimulating entrepreneurship,” as stated by the researchers of the latest edition Global Entrepreneurship Monitor (GEM).

So just how do you register a company in South Africa and start your business.

The CIPC (companies and intellectual property commission), which has replaced the previously known CIPRO. CIPC is the body that performs company registrations in South Africa. The CIPC has put cost effective structures in place to ensure that all entrepreneurs with a vision to start a business can register a company fairly simply.Setting up the business in terms of registrations is the easy part when starting a business. Below is some information you need to know when registering a business and once you have registered a business what the requirements as a start-up are.

The company registration of a private company can cost as little as R550 allowing you to benefit from the advantages of Private company as a business owner.

Once your business is registered you can now open a business account ant any major bank in South Africa. There are other requirements to start a business in South Africa such as tax requirements. SARS registrations for your start-up will vary depending on factors such as number of employees, import and export activities of your start-up and other factors. The basic SARS Business Registration will cost R250. If other thresholds are met SARS registrations can cost an additional R250.

Please note: you will need the company registration certificate to open a business account.

Visit Phase One to save 25% on start-up packages for your business, including company registrations and all vital SARS registrations.

Free Business Tools for Start-Ups- The Business Plan

CCVV

A comprehensive business plan is essential to the sustainable success of your business. It will guide you and ensure that there will be nothing that surprises you when your business kicks off.

01. Bplans Free Templates
Bplans allows for hundreds of industry specific templates that range from in-depth analysis of your business to simple and manageable business plans. It is easy to use and you can adapt your start-up to these templates.

Visit Bplans for a free business plan template that will suit you no matter the industry of your small business.

02. Business Plan Whiz
Business plan whiz has various packages allowing you to create a comprehensive business plan and also guide you on how to compile a business plan. There are free business plan samples available or you can purchase the basic software for just under R700.00

Visit Business Plan Whiz for how-to and free sample business plans.

03. Sanlam Start-ups

Visit the Sanlam website and they allow you to download a free PDF guide on how-to write a business plan. Although you have to provide them with your contact details it seems worth it for the great value you will gain from reading through their comprehensive business plan guide.

Visit Sanlam for a free PDF guide on writing a business plan.

04. Absa Business essentials
This is an optional extra for small business account owners where Absa will give you marketing and business plan software for only R185.00 per month. With this you will get free IT and business skills courses and videos.

Visit Absa today to view this offer on their small business accounts.

Sourced: Entrepreneur Magazine, December 2011, Start-ups 101

Starting a business visit Phase One to register a company and all your small business and start-up needs.

The Friday Business Card Impression

Starting a business? Make sure you get all the attention with a unique and memorable business card. Be inspired to design a unique and creative business card from our five categories below.

For more on starting a business visit Phase One.

 

Interactive Business Card

Business Card of Ana Canedo

Rubix cube business card.
Business Card of Ana Canedo

Pop-Up Business Card

Business card of Francesco Ferringo

Cardboard cut out business card.
Business card of Francesco Ferringo

Unusual Material Business Card

Business card of Francesca Pasini

Fabric business card.
Business card of Francesca Pasini

New Media Business Card

Business card of Appware

I-Phone business card
Business card of Appware

Functional Business Card

Business card of broken bike alley.

Metal Business card.
Business card of broken bike alley.

 

Do you think your business card has got what it takes to compete as the most memorable business card in the 21st century. Let us know and you might just make it into one of our top five of the week.

Starting a business, when to quit your day job.

Many people have great business ideas and would make great entrepreneurs but there is always that element of uncertainty when starting a business. There are some things that you should always consider when you want to start a business.

 

1. Are you unhappy with your current company?

If yes than you should consider starting your own business. Although money makes the world go round you should be able to enjoy life and considering 1/3rd of your day is spent at work it should challenge yet inspire you.

2. Don’t quit straight away. 

If you have an idea or business model work on it. Plan and ensure that you know what you’re in for. At this stage it would be ideal for you to continue working in order to maintain some source of income. You can do all the planning, complete business registrations and set up for your launch date.

3. Expect changes.

You may have an abundance of freedom but things still need to get done. Make a schedule for all your activities to ensure you complete the required tasks to ensure the success of your business.

4. The money. 

While your business is in its start-up stages. Depending on your business the capital required to start maybe very high. There is always the option of applying for finance.  And despite common belief finance is relatively easy to secure in South Africa. With banks, government initiative programmes venture capitalists and the more recent crowd funding available starting a business is possible.

TIP: You business plan will make or break your application for finance. Ensure you are thorough and have a well put together plan. 

5. Hidden costs. 

There will always be something that you did not fully budget for ensure there is enough capital to cover these unforeseen costs and pay the bills.

TIP: If you are not making enough money to cover the costs you may perhaps want to find a part time job or some free lance work. 

6. To be a successful entrepreneur you need to be able to do everything. 

When starting a business you will be required to do everything from sales, operations, marketing and general admin. Research and learn how the basics are done so you can keep the daily activities of your company going.

7. Have a backup.

Always have a plan B in case the business is not successful.

TIP: Make sure your planning is thorough and you fully understand your businesses micro and macro environment to be able to know where you stand and what is required of you to be distinctive.

 

Ready to quit your day job and register a business, visit Phase One and we will help you start a business.

Business Registration, The Business Name

When you register a company in South Africa selecting your business name it crucial to the success of your business. There are a few factors to consider during your business registrations and select your business name.

Consider the following when registering a company and deciding on the business name:

  • Grab attention of the audience
  • Don’t give too much information about the business
  • Research a name before you register the company
  • Be unique. If your business name has common words in when customers search for you there will be a large number of results increasing the competition for your business and your chance to stand out
  • Test the name. Ask your consumer’s, friends and anyone really what they think of the name to gain valuable feedback
  •  Don’t be specific. There is a limit between ensuring customers know what the business is about and being too descriptive

TIP: When your business grows if your name is too specific it will limit your product offerings.

 

For convenient and affordable Business Registrations in South Africa visit Phase One

Things you need to consider before you register a company.

The process of company registration is fairly simple in South Africa and if you know all the required details it will go down without a hitch and next thing you know you have registered a private company.

Here are seven steps to consider

1. Decide on a name
The company name will end in PTY (Ltd). Be sure your business name is distinctive and not ambiguous. Some thought should be given to the business as it will contribute largely to the perceptions of your brand. Ensure that you have more than one option in case one is already taken.

2. Shareholders of a private company
Shareholders own a percentage of the business the percentages should equal 100%.

3. Appointing a director
The director need not be a shareholder of the private company but is in charge of business management and operations. There can be multiple directors of a private company. Directors can easily be removed and added to the private company.

4. Member details
Ensure you have personal details of the directors and shareholders, such as:
-Full name
-Residential address
-Postal address
-Contact number
-Email
-Nationality
The above information should be as it appears on ID documents. If a director or shareholder is not a South African citizen a special letter of consent needs to be signed.

5. Company details
-Businesses address
-Postal address
-Contact information
-General product/service the business will offer

6. Appointing an auditor
Approach a local accounting consultant to find out whether your private companies public interest score qualifies your financial reports to be audited. Most small private company registrations do not qualify and therefore their financial statements can be compiled internally and need not be audited.

7. Ready to go ahead with your company registration, visit Phase One today.