Phone Number

+27 60 718 3907 | +27 67 292 4623

Email

info@mamelodibiz.co.za

Blog

MamelodiBiz > Blog

Youth Entrepreneurial Programmes in South Africa

Business, Entrepreneur ResourcesTeam MamelodiBizLeave a comment
Youth Entrepreneurial Programmes in South Africa Entrepreneurship is not about just starting a business, it is the creative mind of thinking that includes pinpointing opportunities and taking risks to turn ideas into reality. In South Africa, youth entrepreneurship plays a significant role by introducing new products and services, increasing competition and driving our economic growth. Youth entrepreneurs are important drivers of economic development in South Africa because of their new ideas, creativity, and ability to offer solutions to the country. They are the ones who can reduce unemployment while increasing job creation. Even if they have the potential to do…

7 Small Business Councils to Empower Your Business Success

Business, Entrepreneur ResourcesTeam MamelodiBizLeave a comment
7 Small Business Councils to Empower Your Business Success Trying to succeed as an entrepreneur can seem quite difficult. In actual fact there are many challenges you’re likely to come across. Whether it’s a lack of networking opportunities, lack of funding, or a need for mentorship and access to tools, all these aspects are critical in the stepping stones of a successful business. Entrepreneurs need avenues to ease the workload in some areas of business. Luckily, there are various small business councils aimed at supporting business. In this article, we’ll tell you all about them. 1. The National Small Business…

5 Tips To Improve Financial Management For Startups

FinanceTeam MamelodiBizLeave a comment
5 Tips To Improve Financial Management For Startups – You’ve found your billion-dollar idea and started a new business. You’ve gathered your founding team, and you’ve even landed your first few customers. But how should you manage your income and expenses to stay legally compliant, secure venture capital funding, and set up your business to scale?  ‍ Most founders and business owners don’t have a finance or accounting background, and it often doesn’t make sense to hire a full-time finance manager for a new startup. As a result, financial management for startups can seem like a complex and daunting responsibility.…

7 Financial Planning Tips for Startups

FinanceTeam MamelodiBizLeave a comment
7 Financial Planning Tips for Startups – If you fail to plan, you plan to fail. That old adage really rings true when it comes to financial planning for startups. One of the biggest mistakes you can make as a founder is trying to “wing it” with your finances. Taking the time to create a financial plan will: Make you think more strategically about growth Help you prepare for all the ups and downs of running a startup Make it easier to fundraise Give you more confidence about the day-to-day decisions you make Trust us, the value you’ll get from…

Monthly Accounting Checklist: Your Go-To Guide

FinanceTeam MamelodiBizLeave a comment
Monthly Accounting Checklist – If you’re like many startup founders, the bookkeeping chores that accompany building a successful business take time and energy away from the more important tasks that require your attention. One of the most common stumbling blocks for startups and small businesses—specifically when it comes to bookkeeping and accounting—is properly closing the books at the end of the month. This is especially true for companies that don’t have established accounting systems or month end close procedures in place. So, what can you do to make your startup’s month end close less of a hassle? The answer to…

15 Creative Ways To Acquire New Clients

Marketing & AdvertisingTeam MamelodiBizLeave a comment
15 Creative Ways To Acquire New Clients - Acquiring new clients is the bane of many professionals. While sometimes it may be as simple as finding someone looking for a specific product or service to fill a niche, other times it can be more complex. The standard method of getting new clients starts from marketing to the right people down to closing the deal. For many professionals, this may be a chore, especially when their efforts don’t yield the desired results.

10 Ways to Get New Customers

Marketing & AdvertisingTeam MamelodiBizLeave a comment
1. Ask for referrals. Referrals are one of the best ways to get new customers—but if you sit back and wait for your current customers to refer their friends and family members to you, you could be waiting a long time. Take charge by implementing a system for actively soliciting referrals from your satisfied customers. Build referral-generating activity into the sales process. For example, send a follow-up email asking for a referral after a customer has received their order from your e-commerce site. Have your B2B salespeople ask for referrals when they follow up with customers to answer questions after the sale.…

4 Ideas for Activating Your Donors Over Email

Business ConsultingTeam MamelodiBizLeave a comment
4 Ideas for Activating Your Donors Over Email – In today’s digital world, email is a fundamental tool for engaging your donors and your audience. Here are four tips to help you make the most of your email campaigns and communications! Tip #1: Experiment It’s always a great time to think about experimenting with your emails. When we think about experimentation, consider something like what in marketing is known as ‘A/B testing’: Let’s say you’re sending out our newsletter and you split your group of 1,000 people in half; 500 get one version of the newsletter and 500 get another.…

Mandatory Compliance Checklist For All Companies

Business ConsultingTeam MamelodiBizLeave a comment
Mandatory Compliance Checklist For All Companies – From 1 January 2020 all companies (large or small, trading or dormant, private, public, incorporated, etc.) must complete the CIPC’s new compliance checklist prior to filing its annual return. Annual Returns All companies are compelled to file its annual returns within 30 business days after the anniversary date of its incorporation. The annual return is an administrative fee for maintaining your company’s registration with CIPC. The fee is calculated based on the company’s annual turnover (it will range from R450 per year for small private companies, to R4 000 for larger private companies).…