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Here are 5 reasons why you should start a business today.
1. Online tools
In the business world today you do not need to know how to do everything, study a degree in everything or even pay someone the internet is your best friend. Many industry specific experts have made their knowledge available enabling you to utilise these resources. Resources range from starting a business right through to management of your business.
Here are some free online resources you could utilise in starting a business.
2. Government initiative programmes
Government in South Africa is focusing and driving entrepreneurship in the country by making various funding available for people who want to start a business or simply require capital to improve and maintain their business.
View our 2 part series on public sector funding in South Africa.
3. Funding available
The funding by private institutes is available however the only trick comes in when knowing where to go and how to apply for funding. The availability of funding is South Africa is ranked as one of the easiest in the world to aquire, but then why do entrepreneurs name it as the biggest factor holding them back? Its simple be prepared when approaching finance institutes.
4. Easy to register
The CIPC (Companies and intellectual properties commission) has simplified processes allowing you to register a company in a matter of hours. Yes it can be a handful if you do not know what is required of you but it is possible. You should not be hesitant to register a company as it is easy and convenient as well as affordable.
How to register a Private company, simply visit Phase One and all the information, costs, the process involved, what is needed to register a company and additional information will be available to you.
5. Discussion forums
Lastly once your business is up and running if ever you need advice or unsure of what’s required of you visit a forum. Discussion forums enable you to get peoples opinions and learn from people who may have similar problems or know a solution.
Visit The Forum SA for stimulating and informative discussions around all aspects of business.