Small Business Focus, Evergreen Content

What to consider before starting a business

You should have a ‘never say die’ attitude! Be focussed; understand what you want. Keep striving!

Khotso Seroto

Ray White (in for The Money Show’s Bruce Whitfield) interviewed Business Leadership South Africa Director Khotso Seroto for his weekly small business feature.

Seroto spoke about the things to consider before you take the plunge and start a new business.

Scroll down for quotes from the audio below.

It’s important to do a SWOT analysis before starting a business. What are your strengths and weaknesses?

Khotso Seroto

You need to learn about compliance regulations.

Khotso Seroto

You need a business plan. It’s your roadmap.

Khotso Seroto

Some businesses don’t need funding.

Khotso Seroto

Cash-flow drowns a lot of businesses.

Khotso Seroto

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by NEWSROOM AI
Read More
Bob Martin’s new adverts celebrate how good pets are for humans

Bob Martin’s new adverts celebrate how good pets are for humans

Bruce Whitfield asks branding and advertising expert Andy Rice to critique the week’s advertising “heroes” and “zeroes”.

'New law threatens to wipe out vaping in South Africa'

'New law threatens to wipe out vaping in South Africa'

The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.

The UAE is pumping billions into the Horn of Africa

The UAE is pumping billions into the Horn of Africa

The Money Show's Bruce Whitfield interviews Africa correspondent Lee Kasumba

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

How to turn R1000 into a thriving business

How to turn R1000 into a thriving business

Valerie Pole took R1000 and turned it into an extremely profitable business (and then wrote a book about it).

How to start a business with R20 (and no experience)

How to start a business with R20 (and no experience)

She couldn't sew, and didn't have much money, yet Fernanda Morrow created a wildly successful fashion accessory business.

Popular articles
'Minnie understood he might become a target'

'Minnie understood he might become a target'

Marianne Thamm wrote the forward to 'The Lost Boys of Bird Island' and worked with Mark Minnie in editing the controversial book.

[LISTEN] Vaal River pollution has reached crisis point

[LISTEN] Vaal River pollution has reached crisis point

Gauteng Department of Water and Sanitation says the pump stations at Vaal River have been neglected for a long time.

[WATCH] Dad dresses up as a mom so his sons don't feel left out on Mother's Day

[WATCH] Dad dresses up as a mom so his sons don't feel left out on Mother's Day

Khabazela shares Facebook posts, YouTube videos that have gone viral including one with the smartest dogs.

Nxasana questions why Minister Masutha's involvement is not being challenged

Nxasana questions why Minister Masutha's involvement is not being challenged

Former NDPP Mxolisi Nxasana says he didn't know the payout he received was a golden handshake.

'DA has a tough choice, ditch divisive leaders or face the ire of the voters'

'DA has a tough choice, ditch divisive leaders or face the ire of the voters'

Breakfast show host Bongani Bingwa reacts to the recent tweets by some DA leaders.

[LISTEN] Is your phone listening in on your conversations?

[LISTEN] Is your phone listening in on your conversations?

MD at World Wide Worx Arthur Goldstuck explains how your phone may record your voice conversations.

JHB CBD muggings - Where are the police ?

JHB CBD muggings - Where are the police ?

City of Joburg mayor Herman Mashaba says undocumented people living in the city make it difficult to combat crime.

'Black Tax'... working hard, earning well, but struggling financially

'Black Tax'... working hard, earning well, but struggling financially

Young(ish) South Africans tell stories of the mixed emotions they feel when supporting family members, and tips from an advisor.

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Juan Sanchez shares stories of Fidel Castro that’ll make you re-examine everything you thought you knew about the Cuban dictator.