At a small rural town that I was visiting I came across an interesting business relationship between a butchery and a small micro-enterprise trading on the street cooking and selling meat products from the butchery. The small enterprise, run by a husband and wife team, had set up and warning canopy and were grilling boerewors (farmer’s sausage) and vetkoek (fat cake) and curried mince. They were doing a brisk trade because many people were stopping at the parking area which also led onto a liquor store. The butcher benefited because customers could taste his meat cooked outside and the small business benefited from the quality of the meat products as well as the steady stream of customers that flowed into the butchery. Continue reading “Do you have a cash kitty to invest in your new business idea?”
Advantages of a small business idea accelerator
A man hung on to his idea to start a small businesses and worked hard to bring it into reality. After the inevitable false starts and dead ends, he got his hand and body lotion micro-enterprise off the ground. He started small, hand selling at Saturday morning markets, travelling from one part of the city to another like a Gypsy. His product was of a high quality made with a combination of milk and honey. Soon it began to take off. He branched out into online selling and keeps growing his business.
How many people do you know who come up with a promising idea but never turn their business idea into reality? Some research says that half of the working population have an idea that they wish to turn into a micro-enterprise, small hobby business or small business. Yet the percentage of those who do take their business idea and make it into reality is minuscule. Why is that so? Is it because they don’t have cash? Don’t they have motivation? Or, don’t they have the right mentor or business adviser to help and encourge them to bring their ideas to life? Continue reading “Advantages of a small business idea accelerator”
Do you need a business plan for your promising business idea?
A man and a woman started a small side-walk eatery in a rural town. On the surface of things it seems that such an informal business would not require any real planning. Basically, the business comprises selling cooked boerewors (farmer’s sausage) and a curry mince in a vetkoek (fat cake). The business is located outside a butchery where the owners can get a ready supply of fresh meat. The butchery benefits from potential customers being able to taste their product just outside of the butchery door. Continue reading “Do you need a business plan for your promising business idea?”
