w w w. b b u l le t i n . c o .

z a
THE HORNOURABLE MINISTER LINDIWE ZULU LAUNCHES THE
2018 GLOBAL ENTREPRENEURSHIP Week AT 22 ONSLOANE

THE BOX SHOP

Palesa Mafego

2019 YOUR NEXT /GALERY

Honourable Lindiwe Zulu, Minister responsible for The Small Business Development Official launched The South Africa’s Global
Entrepreneurship Week . The Global Entrepreneurship Week (GEW) celebrates entrepreneurs who are innovative and creatives as well
as job creators. start-ups that launch and bring ideas to life, drive and impact economic growth and expand human well being.
For one week in November, The initiative is supported by doz accelerator support network entrepreneurs and the ability of
MOSOTHO MILLIONAIRE (GEW) inspires people every- ens of world leaders and a net- and policymakers. A combined our societies to work together and
RAND BUSINESS where, local, national and glob- work of more than 15,000 part- total of around 4000 – 5000 create great value. Through broad
ally with activities designed to ner organizations. Over 20million delegates are expected to at- support from the government of
help them explore their potential people participate in GEW activi- tend the week-long celebration. South Africa and the rest of the Af-
as self-starters and innovators. ties globally. GEN Africa encourag rican continent, as well as private
es various ecosystem partners Programme for the week: sector leaders, we hope to shape
These activities range from large- to host events in their com mu- a community of promising entre-
scale competitions and events to nities and cities and seek part- •Monday 12 Novem- preneurs and connect them to the
intimate network gatherings, which nerships from big and small busi- ber – Launch and Policy day resources they need to succeed”.
connect participants to potential nesses to support their activities. •Tuesday 13 November – Manu-
collaborators, mentors and even facturing and Agro-processing day The Minister will also participate in
investors - introducing them to new The Department of Small Business •Wednesday 14 November – Tech day other GEW events in various cities
possibilities and exciting opportu- Development (DSBD) in partnership •Thursday 15 November – Youth and townships across the country.
nities. GEW is more than just an with GEN Africa and various other and Social Entrepreneurship day The GEW South Africa will also see
awareness campaign, it is a platform private and public sector partners, •Friday 16 November – Funding day pitching sessions of over 300 tech
for connection and collaboration, will launch the 2018 GEW activities Minister Zulu said that “In the first start-ups, in which 100 will be select-
engaging all players in the entrepre- on Monday 12th November 2018 at 11 years of celebrating Global En- ed for residency at the 22 on Sloane
neurship spectrum and strengthen- the 22 on Sloane start-up campus. trepreneurship Week, we learned start-up campus in January 2019.
BOOK REVIEW ing ecosystems around the world. The event aims to attract start-ups, a great deal about the potential of
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It truly gives me the greatest plea-
sure to introduce to you our baby,
The Biz Bulletin newspaper (broad-
sheet). This is an entrepreneurial
broadsheet for you our township
hustler, a dreamer and the hope-
ful lover of entrepreneurship.
At the core of any community is
its development and that growth
lies in the economic capacity for
productivity and efficiency in pro-
portion to the size of the commu
DEAR ENTREPRENEUR
nity, considering their needs and
nature of its infrastructure. On
the other hand of community de-
velopment and growth provides
access to relevant and practical
usable resources and information.
The BizBulletin broadsheet will thrive
to become a helpful resource our
township entrepreneurs will trust for
information and guide to their en-
trepreneurial growth and develop-
ment. BizBulletin will be a monthly
publication in and around Ekurhu-
leni and ultimately our ambition is
to see our broadsheet enjoyed na-
tionally. The publication seeks to
provide township entrepreneurs
with relevant and compelling busi-
ness content and a glimpse on the
issues impacting and influencing
the economy, as well as to know
what is happening in relation to
entrepreneurial events, support,
motivation and development.
Closing this year with a bang, get-
ting ready for the new year, 2019
here we come! This is our inau-
gural publication and we would
love to hear from you, comment
about the publication what you
like and what you would love to
see in the future. Please sign up
to receive the electronic version
of the publication on your smart
gadgets. www.bbulletin.co.za

FUEL HIKE, OUR NEW REALITY. havioural change, we have to do-

things in a certain way to achieve
our goals and fuel hike should
not herald the end of a dream.
TEN TIPS TO SURVIVE IT…
1. Review and revise your
personal as well as business fuel
costs you’re your monthly budget.
2. Be aware of how much
will the new fuel price cost per lit-
ter and review how much will this
reduce your kilometres per litter.
3. Plan trips and routs be-
forehand and make sure to avoid
traffic and rush hour congestions.

2018 South African

Ten tips to survive THE FUEL HIKE
The Department of Minerals and
Energy adjusts fuel prices every
month, whether to increase or
decrease fuel cost in South Africa.
These adjustments are prompt-
ed by various international in-
cluding local factors. Some of the
major factors that impact and
continues to affect such adjust-
ments is the fact that South Af-
rica imports crude oil as well as
purchase finished products at the
dollar rated price tag and this in-
cludes shipping costs and tariffs.
South African’s are trying to ad-
just and make sense on the re-
cent all-time high fuel hike in the
beginning of October this year.
And while we are still gasping for
air in disbelief reality hits as we
go to pumps and the petrol gage
struggles to climb as we know it
should. Just like that, ‘BAM’ we
are tossed yet into another fuel
hike, diesel and illuminating para-
phing has gone up increasing and
bit of a relief for petrol users. This
is a dilemma since most business
use diesel, with that in mind this
could influence an increase on
product affecting and customers.
Over the past eight months fuel
cost has resin to almost R4,00
surely we are living in tough times
or tough times ahead. For the
township entrepreneur it is go-
ing to be an uphill battle that re-
quires a tactical approach to ease
the inevitable impact of fuel hike.
Let us look at some basic thing we
can do to minimise and to man-
age the impact. Here are some
tips, ten things you can do to ease
the impact from your pocket. This
calls for a creative mind and be
4. If you have two cars
drive the lighter one when
you are running errands.
5. Review your insurance and
see if you can negotiate for a lesser
insurance premium and this might
WORD OF THE YEAR.
mean getting new quote from other
insurance providers. We are chasing
maximum benefit and to save a bit.
“LAND EXPROPRIATION
6. Try to park your car on a
shade to manage the cooling of the
WITHOUT COMPENSATION”
car. And make sure the windows are
closed where driving in high speed.
Findings for the word of the year managed by Pan South African Lan-
are research based, conducted guage Board (PanSALB) in associ-
7. Travelling long distance, by observing South African media ation media research companies
if you can, get people who are go- Newsclips. Factual statistics col- This year’s word was revealed live
ing in the same direction or place lected from credible media sources on ENCA on the 16 of October in
travel together and let them con- such as print, broadcast and online celebration of world Dictionary Day.
tribute on fuel and tolling cost, it media. The words were tracked The winning word beat Commis-
is important to manage the load. from 1 January to 15 October 2018, sion of inquiry and Thuma mina.
8. Whenever you can take
walk or a taxi where it is cheaper to
do so, the time to show off is over.
9. Keep your car clean es-
pecially the interior, a bad smell
equal open window which will could
slow you down. Aerodynamics.
10. Make sure your car is
serviced well and regularly, make
sure your tyres are well inflated.
Successful entrepreneurs are known
for saving. I guarantee you it is not
easy to change your behaviour, if you
work on changing your behaviour Tsohang Youth Project host the 10th Annual General Meeting the impor-
you will needs to be dedicated and tance of comliance. Congradulations newly co-opted member to join the
highly discipline. Only then you Executive. Mr Aaron Mashaba, Precious Sitholeand congratulations to Mr
will see the results. Happy saving. Themba Gogela for being the new Chairperson of the Organisation

PAGE 2 - 12 informed entrepreneur

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Township entrepreneurs are in for a
A B O O K F O R TOW N S H I P treat. It is common knowledge that
ENTREPRENEURS
township entrepreneurs the most
challenged on how start, manage
and running productive as well as
BUILDING A SUCCESSFUL KASI BUSINESS, compliant business and leading it
to profitability. It is this observation
THE RISE OF A TOWNSHIP ENTREPRENEUR that inspired Isaac Mavuso to write
the book and three years later, a
practical aid for township business
packaged as Building a Success-
ful Kasi Business and a call for the
rise of a township entrepreneur.
The book discusses the ten el-
ements aimed at empowering
entrepreneurs to understand
the concept of entrepreneur-
ship and running a business. The
book includes basic tools and to
inspire a mind-set fit to run and
manage a compliant business.
THE ELEMENTS
1. Self-awareness 2. Have a vision 3.
Plan & Be organised 4.Sales/ Selling
5. Money Matters 6. Delight Cus-
tomers 7. Personal Development
8. Strive for compliance 9. Get a
mentor 10. Growing your Business
TO ADVERTISE WITH US
w w w. b b u l le t i n . c o . z a | i n f o @ b b u l le t i n . c o . z a | 0 8 1 5 7 1 1 6 5 8
informed entrepreneur
Included in the book are practical
activities, helpful articles and tools
such as basic financial manage-
ment, to inspire you to start better
or become better than you are now.
At the core is to help you run a com-
pliant business. What I like most is
that you don’t have to apply these
elements in a chronological order;
you can start with the one that is
important to you and your business.
The book is written by Isaac Ma-
vuso who is a dynamic Facilitator l
Speaker l Coach and the founder
and publisher of The Facilitator On-
line Magazine, and The BizBulletin
Newspaper for kasi entrepreneurs.
He is 2017 South African Man of
The Year Award finalist for the en-
trepreneurship category. Served as
ward committee for the business
portfolio in ward 49.He is dedicated
to empowering novices and aspiring
Kasi business as well as social entre-
preneurs. Isaac has more than ten
years facilitating, speaking and con-
sulting experience, a practical strat-
egist for Kasi Businesses, Non-Prof
it organisations and Cooperatives.
Comments about the book:
A comment from business devel-
opmental mind, “This is not only
a great contribution to the ev-
er-growing township economy,
but a legacy project that’ll contin-
ue to speak beyond the lifetime
of the author.” - Pearl Maphu-
mulo, Managing Director at The
Business Development Agency
“A new book by a rewound speak-
er and facilitator, unveils how to
start and build the best township
enterprise” Mapepeza Media
“Get his self-help book on building a
successful kasi business it comes with
nots and motivation.” Sindy Mabe
The book was featured on Kaya
FM on the 16 October 2018 on
the show with Tuli Magubane
PAGE 3 - 12

THE BOX SHOP
RETAIL AT YOUR DOORSTEP
Vilakazi Street in Soweto
Giving township entrepreneurs access to market and customers retail at your doorstep
In South Africa, our economic chal-
lenges must be met with creative
resolve. It is a duty of every man
and woman in every community
to contribute in their own special
way, and this is exactly what The
BoxShop South Africa has done.
Two years ago, an idea was born
an initiative taken, introducing a
lifestyle retail store in the town-
ship, for township entrepreneurs to
have some access to market. This
year, 2018 marks 2 years since the
launch of the first Box Shop SA the
flagship store based in the most
iconic street in the world Vilaka-
zi Street in Orlando West, Soweto.
The initiative was founded with a
primary objective to solve one of
entrepreneur’s greatest challenges
in south Africa and the world over
which is access to market. Many of
the Small to Medium Enterprises
fail just because they don’t have
access to market. Such undertak-
ing can only be realised through
strategic partnerships. The Box-
shop SA come alive from a part-
nership led by Technoserve as an
implementing partner as well as
Game as a technical partner and
the funding from Citi Foundation.
The BoxShop initiative is driven by
a strong desire to disrupt the South
African retail environment by adopt-
ing non-conventional retail strate-
gies and approaches like the Omni
Channel Retail. This approach needs
to adopt multiple distribution chan
nels into the model. It ensures that-
consumers are met at their door
step. Currently The BoxShop brand
PAGE 4 - 12
Marvin Manaswe, The head and Supplier Development
specialist for The BoxShop, Technoserv South Africa.
is present across three retail plat-
forms a Physical Retailer, a Pop-up
store as well as an online store. The
BoxShop procures products from
more than 80 local township brands.
All are small black owned start-ups
as well as Cut Make and Trim man-
ufactures primarily in Gauteng.
The Box Shop SA recently opened
a second store at Shanty Town Life-
style Centre in Midrand, where local
brands from different sectors house
their products. The BoxShop’s
dream is to open at least 10 stores
across the Gauteng by 2021.The Box-
Shop brand retail offering reflects a
strong sense of brand and township
diversity. Mostly the focus is on ap-
parel, coffee and food, deco and
homeware products. All the brand
offerings are local entrepreneurs
who share passion for fashion and
taste for quality. Based on The Box
Shop fun damental model of being a
social retail enterprising brands and
the belief in entrepreneur’s ability
to use their initiative as well as their
creative flair to build strong busi-
nesses’ and brands, which will el-
evate proudly South African prod-
ucts, giving customer easy access
to exclusive products and the best
value for money. The BizBulletin
had a conversation with Marvin
Manaswe, The head and Suppli-
er Development specialist for The
BoxShop, Technoserv South Africa.
Q] From where does The BoxShop
draw its entrepreneur/ Suppliers.
A] We draw our entrepreneurs
from the townships within Gauteng
Q] Who can apply for the opportu-
nity to supply The BoxShop who can
apply what are the requirements?
A] Anyone can apply, provided they
are an operating and registered
business. To apply entrepreneurs
can advise on the interest by send
a profile and business registration
documents to info@theboxshop.
co.za. Once we have received your
communication, within a week we
will send you our application form.
The form must be completed in a
week and returned to our office for
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Midrand
consideration. We also share op-
portunities on Twitter, Facebook
and Instagram, ohhh do follow
the The BoxShop on social media.
Q] The BoxShop is an en-
terprise development pro-
gram, how does it work?
A] Successful candidates will
beinducted and learn about
product presentation.During
the session all the entre
preneurs will make presentations
and do one on one business analysis
process and subsequently product
presentation to ensure the quality of
their products. They are supported
throughraining and assigned a coach
to help them navigate the business
vision and support while pursuing it.
Q] Unsuccessful applicants
what happens to them?
A] Everyone wins at The BoxShop
(We train them and equip with
them with skills to be supplier ready
and an opportunity to apply later.
Q] Who manages the Boxshop?
A] A team of great individu-
als with a range of diverse skills
(supplier Development, Product
Development, Operations, Mar-
keting and Project Management.
In conclusion, The Box Shop In-
cubation Programme offers
Business Development Support
•To enable youth businesses to be-
come suppliers into the retail sector,
empowering their ability to supply
high quality, on time, and in line with
mainstream retail sector needs.
•To run a sustainable test market
for youth businesses in a struc-
tured and professional facility.
•To inspire and to link local en-
trepreneurs to become suppliers
to markets outside the Box Shop
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MILLIONAIRE AT 24 AND
B A N K ED I T AT 2 3

Dreams are possible, Mosotho Moshoane is the living proof running a

million-rand business at 23.
South Africa can be a land of milk and the results seven figure bal-
and honey, but only for those who ance in the business account. His
envision it for themselves and are next is to pursue the million-rand
determined to pursue their goals. balance into his personal account.

Mosotho Moshoane (23) runs a
million-rand business, the Pretoria
born entrepreneur is the found-
er and CEO of a google certified
Marketing company Beatrootpine
with foot print in Botswana. His
success has not been a smooth
sail his had to deal with lack of
support form his close circles and
some feeding doubt from a gen-
uine concern while others really
don’t want to see one progress.
The young man is an author of an
inspirational book 15 Pages and
a thought-provoking motivation-
al speaker. At 21 he set himself
a goal to be a millionaire at 24, a
goal he reached at 23 for the busi-
ness, talk about vision plus action
When asked what drives him? “The
feeling of achieving and that feel-
ing never gets old,” says Mosotho,
“keep an accomplishment report
and review your accomplishments
every week” he added. He believes
when you feel good you make the
right decisions. He’s advice to aspir-
ing millionaires is “set small goals
and hit mini destination, chase
the feeling of accomplishment.”
On the 3rd of December 2018
he will be launching yet another
book Business is a Language co-au-
thored with Bonolo Seakamela.
The event will be held at Platto in
Midrand Carlswald, from 17:30 till
21:00. Entry fee is R200 and tickets
are available at Pick n Pay Stores.

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informed entrepreneur PAGE 7 - 12


WHAT IS YOUR NEXT, WHAT IS YOUR 2019 PLAN?
2019 IS AROUND
THE CONNER, ARE
YOU READY FOR
THE NEW YEAR.
WHAT IS YOUR
NEXT OR WHAT
IS YOUR PLAN
FOR THE YEAR.
Success is very much an
intended consequence
of a deliberate action
to achieve or reach a de�
sired objective. We don’t
fall Onto success, we
journey into it, period…
LET’S TAKE A DETOUR: While you are
working on your business consider
your attitude. Entrepreneurs must
understand there is a fine line be-
tween confidence and arrogance. I
believe entrepreneurs must be hun-
gry. Hungry not desperate. it is this
hunger when channelled well that
will secure your spot at Delight-Ville
of success and see you in the circles
of influence as a force of inspiration.
It is very important to exercise re-
straint particularly when you are
not as confident because arro-
gance could look like confidence
in your eyes. From where others
are sitting that confidence could
look be viewed as disrespectful.
In your entrepreneurial journey
you will appreciate how tough it is
PAGE 8 - 12
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achieving your goals even head-
er to sustain the success. Yet you
could loose all you have built in
just a minutes. It is our responsi-
bility to act and behave in a cor-
dial manner. Well we can learn
and choose to grow, work on your
issues and seek help if you need.
BACK TO OUR YEAR AND PLAN:
Entrepreneurs are achievers by na-
ture, and they are building form
one success to the next. Dedica-
tion, drive and focused mind will
remain the back bone of your
success. Below let’s look at what
you need to do now to be able
to claim 2019 as your year. Let’s
also remember we are not all go-
ing to succeed at the same time
and from the same experiences.
Some will be call it lucky while some
will seem flooded by a string of
rejection failures and more. Nev-
er allow your self to be discourage
keep going look at each day a blank
page and every action or non-ac-
tion is a writing daily. What would
you like your story to reflect? It’s
a choice you need to make daily.
Below is a I am an achiever goal
driven me, as you plan and con-
sider your year ahead these are
some of the things to thinks about.
The are three things to focus on
the first being what is the vision
embedded on it is your why you
do what you do? The Second one
is The Plan how are you planning
to achieve you goal to empower
you why. And lastly you need to
taka action Massive action in that.
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Tsogo Sun Entrepreneurs Graduation in October 2018 entrepreneurs celebrated their 1st Steven Reed concludes a Business training for members of local
year, 13 graduated and 2nd year to Alumni status &Lowe Furniture & Decor from Jhb won media from around Gauteng
the 2018 Achiever Award

Minister os Small Business Development Mrs Lindiwe Zulu and her

team along with MC Sindy Mabe and Prof. Dr . Ambassador Tap
Grrenfield Primary School in Partnership with Bokamoso Foundation organise a Cancer Awareness Edgars at the National SMME Policy Colloquim 2018 at the Birch-
Campaign empowering parents and learners a touching event wood Hotel in Borksburg

Retailers Development Graduation at ABInBev head office in Santon Technoserv facilitators catch up and unwind

informed entrepreneur PAGE 9 - 12


Palesa Mafego quits her fulltime job to
focus on a primary school boy child
H er mother ’ s dying wish was a re q uest f or
her to ta k e care o f two boys her brothers
Palesa Mafego quit her fulltime job
to follow her heart and to fulfil her
long-time dream, inspired by her
mother’s words “take care of my
boys.” A mother dying plea to her
daughter. Palesa or shall I say pastor
Palesa “I called to empower, support
and to develop a boy child” she said.
Pastor Palesa was born in Lesotho
and bread and buttered in Katle-
hong Ekurhuleni in Gauteng. She
went to Sonqoba Primary School
and completed her matric at Eden
Park in Alberton. She is no strang
Before her mother passed she
PAGE 10 - 12
gave her a verse that kept her go-
ing over the years, “Trust in the
LORD with all your heart. Nev-
er rely on what you think you
know. Re-member the LORD in
every-thing you do, and he will
show you the right way.” Prov 3:5-6
It was her mother’s words that
kept her going when at times she
felt as if she was moving against
the current. At age 21 she had to
drop out of an IT class at tertia-
ry to care for her brothers. “It was
though having to do part time jobs
and to do part time schooling” says
Palesa. Today she holds a quali-
fication in office administration
and she is an adult education facil-
itator as well as a qualified coach.
Palesa worked for companies like
Nashua, Panasonic, Africa cables,
Fuchs, Renault, CBI and Legal-Wise.
In her life she has felt the wrath of
life, this young woman has been
down and out losing everything.
Her tenacity to live and the words of
her dying mother became her moral
compass. She learnt earlier on in life
that when you are down and out. You
only have one way to go and it is up.
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After leaving her Job and the only
source of income she had. Palesa
went on to register a Non-Prof-
it Organisation Tulips Male Child
(TMC) to pursue her community
development passion in empow-
ering primary school boy child.
OBJECTIVES OF THE PROJECT
• To guide learners to realise
the importance on decisions they
make and to see opportunities to
start and build a successful career.
• To provide counselling to
help the boys cope academical-
ly and identify professional inter
ests and aspirations as an individ-
ual in a community and at school.
• Provide financial sup-
port to learners in need.
• Create awareness on
the prevalence of drugs and
the dangers of illicit substances
and how to lead a drug free life.
• Educate boys to un-
derstand their bodies and sexu-
ality to curb teenage pregnan-
cy and risk of HIV infections.
• Educate learners on life-
skills to inspire a positive living
and to identify traps that could
lead them to living a negative life.
• Empower the boy child
along with their parent or guardian.
Tulips Male Child primary focus is
on grade sevens. Her organisation
Tulips prepares boys for the tran-
sition from primary school going
to high school with a vision. High
school is not easy and even more
challenging nowadays with rise
and prevalence of social ills Tu-
lips gives support to the boys and
she also prepares parents to get
ready for a high school teenager.
Most interesting, while the world
only wants to reward the “A” stu-
dents leaving out the so-called
trouble-some one’s, and those
are the ones she dedicates her life
for. A handful she has committed
to secure them a tertiary spot all
she asks to perform academically.
This faithful lover of the lord shared
“I have seen the hand of God in
my life. life is tough, but God is
tougher and ever so faithful.” Pale-
sa Mafego, what an inspiration
her life is a testimony a demon-
stration of resilience, strength
and power of a visionary woman.
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STAY ON TOP O F
In business there will always be
tough times ahead and how you
deal with them will determine
whether you will go under or live
to tell the story. A lot of SMME’s
especially kasi (township) business-
es think they are the only ones ex-
periencing challenges; well I invite
you to watch business news daily
and you will learn two things: the
first one is the challenge of start-
ing a business and the second one
is keeping afloat and profitable.
These challenges cut across and
are experienced by all small, me-
dium and big business. This is an
uphill battle that really needs a
sharp confident and dedicated
mind. The FNB and GIBS Report
highlights; Start-up fail nine in ten
over a two year of operation. The
recent VAT and continued fuel
P u b l i s h e d b y : I s a a c M a v u s o i n f o @ b b u l l e t i n . c o . z a w w w. b b u l e t t i n . c o . z a / L ay o u t D e s i g n b y : J e m i t o K h o z a
informed entrepreneur
hike increase are nothing to what is
coming, Should the country fail to
curb corruption and to create more
jobs. This will change a lot things,
especially in the way in which small
business run their daily business op-
erations, cash flow will be impacted.
Remember such increases tend to
have a far-reaching consequence
as they have a butterfly effect.
For some businesses though this
may well be the very devastat-
ing blow that will sink the ship.
Apart from increases and other
challenges that you could think
of; at the at the core of business
failingis poor planning. Thousands
of busi nesses never take time to re-
ally plan. They live on day-to-day’s
eventualities without control of
their destiny, and such behaviour
fuelsthe inevitable failure therefore.
YOUR BUSINESS
Let me ask this question, as a small
business since the breaking of
news on VAT and Octobers fuel in-
crease what have you done apart
from complaining about the price
increase? Believe you me only a
few thought of going to the draw-
ing board to establish what these
increases will mean and how they
will impact on their businesses
including their personal lives, to
make informed decisions that are
well thought rather than emotional
and rushed and reactive decisions.
The decision may not necessarily
be about you and increasing your
prices or buying less quality and a
quick fix that will compromise your
business in the future. If you want
to survive you need to go back,
begin to take stock of what’s hap-
pening and how to deal with such
proactively and to employ proper
This can be a tricky thing since it is
not as straight forward as you could
hope. You will need a combination
of things, your passion or hun-
ger to grow and unwavering ded-
ication, problem solving skills and
your tenacity in action. Your action
must be focused to the following:
planning and strategies to enable
•Know your business and be clear
you to stay afloat as you strengthen
on the state of affair of your business
your business to a profitable future.
•Research: what do you know about
At this point many business strate
your business and the industry
gies and plans including yours if
•Identify key industry players
you have one, are long due for
from the biggest and smallest.
serious indepth review to ad-
•Be clear who is you custom-
just the financials projections.
er and what interest them.
•Finally review your prod-
Tough time means access-
uct and service also identifies
ing loans will be a challenge
how you can improve on it?
and high repayment plans will
be the business of the day.
To get to greater heights you can-
This calls for you to revisit the busi-
not do thing as they are or were
ness vision and the objectives to see
done you need to redefine state-
if they are still relevant to the initial
ments such as business as usual by
goals considering these changes
being on top of your business. The
and other influencing factors such
best thing is to know how to get
as customer behaviour and buying
help, building and nurturing rela-
patterns in such economic times.
tionships. Turn your cell phone to a
useful resource a management tool
HOW to stay on top of
and a mobile research resource.
your business?
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