Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Tuesday, April 28, 2009
Thursday, April 23, 2009
SA business upbeat on 2010
There are many reasons South Africa is such a great place, Business is definitely one of them
Seventy-five percent of South African companies believe that the 2010 Fifa World Cup will benefit them financially, and are taking steps to capitalise on the country's hosting of the event, according to the latest International Business Report by consultants Grant Thornton.
Releasing the 2007 International Business Report - previously known as the International Business Owners Survey - on Wednesday, Grant Thornton said in a statement that the build-up to the World Cup would boost business sentiment in South Africa.
Three-quarters of the medium to large privately held businesses surveyed in SA were looking forward to "some level of financial benefit" from the World Cup, Grant Thornton said.
"The majority of these respondents (47%) believe that the greatest benefit will be gained in the build-up to the event, while only 14% expect to benefit during the event itself."
According to the survey, 60% of SA companies are considering diversifying their product or service in order to maximise their returns from the tournament, 53% are increasing their workforce, and 46% are making additional capital investments in their businesses.
A third (33%) of the businesses surveyed said they were increasing their geographic spread in preparation for the event and its build-up, while a quarter (25%) said they would be importing more goods from abroad.
Grant Thornton chairman Leonard Brehm commented: "If our country is to meet the growth targets that have been set, all those working in South African business must be able to operate in a safe environment.
"This can only be achieved through strong and sustained action by government security agencies at all levels, supported by a culture of community participation in assisting with the detection and control of crime."
Grant Thornton's 2007 International Business Report is based on research conducted among medium to large privately held businesses in 32 countries, covering more than 7 200 respondents. In South Africa, research was conducted by Research Surveys among 200 privately held businesses employing between 100 and 400 staff.
South Africa.info reporter
Seventy-five percent of South African companies believe that the 2010 Fifa World Cup will benefit them financially, and are taking steps to capitalise on the country's hosting of the event, according to the latest International Business Report by consultants Grant Thornton.
Releasing the 2007 International Business Report - previously known as the International Business Owners Survey - on Wednesday, Grant Thornton said in a statement that the build-up to the World Cup would boost business sentiment in South Africa.
Three-quarters of the medium to large privately held businesses surveyed in SA were looking forward to "some level of financial benefit" from the World Cup, Grant Thornton said.
"The majority of these respondents (47%) believe that the greatest benefit will be gained in the build-up to the event, while only 14% expect to benefit during the event itself."
According to the survey, 60% of SA companies are considering diversifying their product or service in order to maximise their returns from the tournament, 53% are increasing their workforce, and 46% are making additional capital investments in their businesses.
A third (33%) of the businesses surveyed said they were increasing their geographic spread in preparation for the event and its build-up, while a quarter (25%) said they would be importing more goods from abroad.
Grant Thornton chairman Leonard Brehm commented: "If our country is to meet the growth targets that have been set, all those working in South African business must be able to operate in a safe environment.
"This can only be achieved through strong and sustained action by government security agencies at all levels, supported by a culture of community participation in assisting with the detection and control of crime."
Grant Thornton's 2007 International Business Report is based on research conducted among medium to large privately held businesses in 32 countries, covering more than 7 200 respondents. In South Africa, research was conducted by Research Surveys among 200 privately held businesses employing between 100 and 400 staff.
South Africa.info reporter
Monday, April 20, 2009
What Are Ideas?
We all have good ideas that could make us millionaires.
But how do we turn the idea into money? Who do we tell? What do we need to do first? Were do we start?
These are the exciting questions that keeps the Blue Label team up late at night and gets them out of bed early. Answering these questions makes the work we do so rewarding.
There are some people born with the drive and guts to just jump into the deep end and try swim. For the rest of us we need to look to a mentor for guidance and assurance that we can do it. The most important thing that we have learned and teach is ACTION, ACTION, ACTION!! Make your Idea happen, get on with it.
1. Get you idea onto paper,
2. the next thing is what you need to sell your product of service.
3. Then do it.
Don’t get bogged down with too many details in the beginning, your aim is to see if your idea will sell, once you have sales work on the details.
Blue Label are positioned to lead you in the right direction. Let us help you make it happen.
But how do we turn the idea into money? Who do we tell? What do we need to do first? Were do we start?
These are the exciting questions that keeps the Blue Label team up late at night and gets them out of bed early. Answering these questions makes the work we do so rewarding.
There are some people born with the drive and guts to just jump into the deep end and try swim. For the rest of us we need to look to a mentor for guidance and assurance that we can do it. The most important thing that we have learned and teach is ACTION, ACTION, ACTION!! Make your Idea happen, get on with it.
1. Get you idea onto paper,
2. the next thing is what you need to sell your product of service.
3. Then do it.
Don’t get bogged down with too many details in the beginning, your aim is to see if your idea will sell, once you have sales work on the details.
Blue Label are positioned to lead you in the right direction. Let us help you make it happen.
Tuesday, April 14, 2009
Where to start
Ten Rules For Succeeding in Your Own Business
by Janet Attard
What does it take to start and succeed in business? That's a question I get asked a lot by startups. Although there is no one answer that fits all businesses, there are a number of practices followed by successful, happy business owners.
1. Be true to yourself.
No matter how much money someone else makes, if you don't enjoy the business, wouldn't be proud to show your relatives what you are doing and how you are doing it, then don't do it.
2. Find a need and fill it.
Yes, you've heard that a million times. But it still works.
3. Choose products or services that you can sell for more than it costs you.
If the difference between your cost and selling prices is too low, you will have difficulty growing the business. When profit margins are too low, you won't have enough money to hire employees, pay for rent, advertise more, and do other things needed to expand.
4. Make realistic estimates of your expenses... then double them.
Most new businesses either forget about marketing, fulfillment, overhead costs, income taxes and self-employment or greatly underestimate them.
5. Be true to your customers and prospects.
Don't promise what you can't deliver. Don't lie or exaggerate the benefits of what you sell and always deliver a quality product or service.
6. Understand the importance of marketing and learn how to do it effectively.
The world won't beat a path to your door just because you build a better mousetrap or write a great ebook about how to grow tomatoes or teach a child to read. To get customers you will have to market your products or services effectively and continually.
7. Treat your manufacturers and service providers with respect and let them know you appreciate them.
They are an important part of your team and your success.
8. Embrace the web.
No matter what you sell or to whom, there's a good chance your customers will turn to the web in one way or another to make their purchase.
9. Don't expect miracles.
Yes, people do make money in their sleep or while they're away on vacation -- the Internet makes that possible. But only after they've invested a lot of time , effort, and money in building the business and building the team that keeps it going and growing.
10. Remind yourself that one is the loneliest number in business. One product, one service, one main client, and all your records stored on one computer hard drive without regular off-site backups is a recipe for failure.
Video http://sta.rtup.biz/video/2084667:Video:230
by Janet Attard
What does it take to start and succeed in business? That's a question I get asked a lot by startups. Although there is no one answer that fits all businesses, there are a number of practices followed by successful, happy business owners.
1. Be true to yourself.
No matter how much money someone else makes, if you don't enjoy the business, wouldn't be proud to show your relatives what you are doing and how you are doing it, then don't do it.
2. Find a need and fill it.
Yes, you've heard that a million times. But it still works.
3. Choose products or services that you can sell for more than it costs you.
If the difference between your cost and selling prices is too low, you will have difficulty growing the business. When profit margins are too low, you won't have enough money to hire employees, pay for rent, advertise more, and do other things needed to expand.
4. Make realistic estimates of your expenses... then double them.
Most new businesses either forget about marketing, fulfillment, overhead costs, income taxes and self-employment or greatly underestimate them.
5. Be true to your customers and prospects.
Don't promise what you can't deliver. Don't lie or exaggerate the benefits of what you sell and always deliver a quality product or service.
6. Understand the importance of marketing and learn how to do it effectively.
The world won't beat a path to your door just because you build a better mousetrap or write a great ebook about how to grow tomatoes or teach a child to read. To get customers you will have to market your products or services effectively and continually.
7. Treat your manufacturers and service providers with respect and let them know you appreciate them.
They are an important part of your team and your success.
8. Embrace the web.
No matter what you sell or to whom, there's a good chance your customers will turn to the web in one way or another to make their purchase.
9. Don't expect miracles.
Yes, people do make money in their sleep or while they're away on vacation -- the Internet makes that possible. But only after they've invested a lot of time , effort, and money in building the business and building the team that keeps it going and growing.
10. Remind yourself that one is the loneliest number in business. One product, one service, one main client, and all your records stored on one computer hard drive without regular off-site backups is a recipe for failure.
Video http://sta.rtup.biz/video/2084667:Video:230
Monday, April 13, 2009
Networking
The statement simply means that business is about people. It
does not matter whether someone runs a large corporation or
runs the corner shop where you buy bread. People give each
other ideas about business and job opportunities. The world of
business runs on networks of people – talking to each other,
learning from each other and doing business together. How
can you get the most out of the people around you?
Wednesday, April 8, 2009
Opportunity in South Africa
Starting your own business is exciting and potentially rewarding. Taking this route offers you a sense of freedom and power, which makes you feel that you are in charge of your own destiny. It also allows you to determine your own income. But there are risks! It is important to make the move into entrepreneurship with your eyes wide open, as starting and running a business is not for everyone.
Blue Label is positioning its self to assist the entrepreneur achieve their dreams, over the past decade the mission of Blue Label has been to develop an entrepreneurial culture and mindset in youth and adults, and to assist in the creation of entrepreneurs.
Does my company have to be established? -No, we enter into projects at every stage of development – from basic ideas to start-up and established companies. Even if your project is still an idea, it could still be of interest to our investors. They might even have the relevant know how and expertise to get the ball rolling.
Blue Label is positioning its self to assist the entrepreneur achieve their dreams, over the past decade the mission of Blue Label has been to develop an entrepreneurial culture and mindset in youth and adults, and to assist in the creation of entrepreneurs.
Does my company have to be established? -No, we enter into projects at every stage of development – from basic ideas to start-up and established companies. Even if your project is still an idea, it could still be of interest to our investors. They might even have the relevant know how and expertise to get the ball rolling.
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