South Africa’s entrepreneurs need a home – a centralised national portal that aggregates all the resources. This is Simodisa’s new Venture Central. Now more than ever has there been a greater emphasis on entrepreneurship, its impact and its ability to contribute significantly towards creating jobs and growing our economy. However, the current South African entrepreneurship ecosystem is facing significant challenges. …
By Darlene Menzies, CEO Finfind I just listened to a thought-provoking and encouraging interview with Elon Musk. Short video clips are my favourite way of consuming information. I’m sure there are differing views about Elon, there usually are when it comes to pioneers, disruptors, radical thinkers, paradigm shifters, revolutionaries – those who challenge and change the status quo. Whatever your …
#Startupgrind Durban hosted a Panel Discussion at the Pavillion Hotel for its third anniversary. Last night the panel of entrepreneurs featured Justin Clarke (Private Property), Aisha Pandor (SweepSouth), Darlene Menzies (FinFind) and Ramsay Daly (iKhokha). “Serve a global problem” to make good money with your start up, says Darlene Menzies of @finfindeasy. @StartupGrindDBN #start_dbn — conciergi (@conciergi) April 18, 2018 …
Robynne Erwin is back for the next podcast in our series with Finfind. Today we focus on our discussion on Expansion capital and begin to narrow in on the concept of working capital as well as the other types of investors that entrepreneurs can use. Equity finance is a often overlooked means to expand ones business, it has its own …
One of the first things you notice when your business starts to grow is that your costs shoot up, while your profit doesn’t immediately follow. Growth can put an enormous strain on the cash flow of a company and business owners often make the mistake of financing growth from their cash flow — which is like using your credit card …
The bad news in the SME market in 2016 was that 67% of small businesses that closed in South Africa did so for financial reasons. This is a far more pressing problem for local entrepreneurs compared to their regional counterparts, with 50% more South African entrepreneurs discontinuing their businesses due to a lack of access to finance compared to the …