SMALL BIZ START UP SKILLS KIT

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Small businesses play a vital role in the South African economy. They create new jobs, foster innovation and provide opportunities for all population groups to share in the wealth of the country.

 

When economic cycles are severe it has a negative impact on thousands of small businesses. However, the notion that the small business is always at the mercy of recessionary conditions is false. Studies show that small businesses can develop successful strategies and tactics to cope with adverse economic conditions.

 

To start a business we have designed a small start up kit to acquire the management skills needed to successfully start and control business finances “hands on”.

 

These startup and mamagement skills are included in a BizGrow Management Guide and are grouped together in the following three modules:

 

1. Module one: How to set-up a business 

   • Define your business.

   • Create your winning business idea.

   • Define your business approach.

   • Determine the legal company structure you prefer.

 

1. Module two: How to do a business plan 

   • Plan the monthly income and expenditures of the business.

   • Plan the amount of finance needed to start the new business.    

   • Develop marketing, sales and promotion action plans with milestones.

   • Develop key personnel training requirements and actions with milestones.

 

1. Module three: How to apply for business finance 

   • Short term Finance.

   • Medium term finance.    

   • Long term property finance.

   • Where to apply for business finance.

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