Winners of FNB Business Innovations Awards 2019 unveiled
FNB Business in partnership with Township Entrepreneurs Alliance (TEA), 10Xe and Endeavor South Africa, have announced the overall winners of the 2019 FNB Business Innovation Awards (FNB BIA).
FNB Rolls Out Further Support For SMEs
FNB Business continues to live up to its commitment to help SMEs by launching a first of its kind in South Africa, an interactive educational section on its banking APP called 'Fundaba'.
FNB launches initiative to scale social entrepreneurs
FNB in collaboration with Fetola Business Growth Professionals recently announced the launch of the 'Social Entrepreneurship Impact Lab', a SME development initiative to help grow social entrepreneurs in South Africa.
Franchising - is it for me?
Almost every entrepreneur - at some point in their journey - considers going into franchising as a guaranteed route to attaining business success. Franchising has its pros and cons and will not necessarily be suitable for every entrepreneur.
FNB revamps eBucks Rewards for business
FNB's eBucks Rewards programme for businesses will be changing from 01 September 2019.
Business Credit Card mistakes to avoid
Although a business credit card is a great source of revolving credit for short-term business needs, it may also pose significant disadvantages for a business if not used and managed properly.
How to expand a South African franchise into the rest of Africa
According to the latest survey from the Franchise Association of South Africa (FASA), 39% of franchisors have businesses in Africa, outside South African borders. This is equivalent to 1 775 stores in the SA franchise population. Most of these franchises are found in the neighbouring countries of Namibia, Botswana, Zambia, eSwatini, Lesotho and with growth noted in Ethiopia and Kenya.
Optimising Cash Flow improves chances of Sustainability
Failure to optimise cash flow is one of the key reasons that could lead start-ups to shut their doors within their first two years of operation. In order to increase your chances of sustainability, you need to focus not just on how much money you turnover as revenue, but also on how you are managing the inflows and outflows of that money.
Getting Your Business Tax Affairs In Order
The end of February marked the end of yet another tax year (March 2018 - February 2019) for companies, trusts, close corporations and all individuals, but the end of one year also means it's time to prepare for the new tax year.
Factors To Consider When Applying For Business Credit
Getting your business to the point where you're braced for growth can often require funding and while getting any form of credit is not something one should rush into, it may be needed if you're looking to expand your business and have a solid plan for how you believe additional financing can help you achieve this.
SA's real GDP contracted by a seasonally adjusted annualised rate (saar) of 0.6% during the third quarter of 2019. This outcome was in line with our expectations, but worse than the Bloomberg consensus of a flat reading.
South Africa's consumer inflation came in on the downside at 4.1% for September 2019 and has remained within the SARB's target range of 3-6% for the 30th consecutive month.