South Africa’s Entrepreneurial SME’s are Navigating a Stormy Sea
South Africa has a vibrant entrepreneurial landscape, with countless SMEs emerging every year. However, these businesses often encounter significant hurdles that threaten their survival and growth. Access to Finance: A Choking Point for SMEs One of the most pressing challenges facing South African SMEs is access to finance. Traditional lenders often perceive these businesses as […]
The Vital Role of SMEs in South Africa’s Economy
Small and Medium-sized Enterprises (SMEs) play a crucial and indispensable role in driving economic growth and development in South Africa. These enterprises, often referred to as the backbone of the economy, contribute significantly to job creation, innovation, and overall prosperity. In this article, we will delve into how SMEs in South Africa are a boon […]
The Global Trend of Alternative Funding: Powering SME Growth in South Africa
The landscape of SMEs in South Africa is witnessing a transformation, with an increasing shift towards alternative funding. Traditional financing avenues have often proven to be challenging for SMEs to access, hindering their growth potential. However, the emergence of alternative funding companies is bringing new hope to these businesses, offering a range of benefits that […]
Supporting SME’s to sustain the SA economy
At the start of the pandemic, the first SME businesses to start to collapse were the mom and pop stores. The businesses that supported a single household or family. Next on the list were the slightly larger companies, restaurants, salons, and service-based businesses. You only need to walk through a mall today to see the […]