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When you’re self-employed, increasing business is a constant effort. Normally, you’ll do this by growing your main business. But you can also do it by adding income streams, from sources not directly related to your main business. Usually those income streams will mostly provide additional revenue. But sometimes they can even be used to increase your primary business. New Income Streams Let’s take a look at a few ways to make that happen. Start a...

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What challenges do you face running a small business? So you’ve owned your business for some time. And you may sometimes feel as if you are falling behind. But other companies make it look so easy, don’t they? Well, prepare for some good news. Don’t worry about keeping up with the competition. Because you can easily learn how. Just make sure you are continually tweaking your business. And find ways to make your team more...

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Investing in yourself will help you develop all-around and give you other skills that could significantly improve your quality of life. Here are a few proven ways that you can try: Set Smart Goals Take some time aside to set some personal and business goals for yourself. Setting goals is a perfect way to ensure you know exactly where you’re going, help you pool the resources you need to get there, and ensure you waste...

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One of the main drivers of cloud adoption is the multitude of business benefits offered by cloud services such as Microsoft’s Office 365. Organisations are attracted to the accessibility, flexibility, and ‘pay-per-user’ license offerings of cloud packages, as well as myriad of business boosting applications which traditional platforms are unable to provide. At least, not without significant capital investment.  However, some businesses find themselves struggling to use or access the full scope of benefits from...

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Female businesses in Africa are among the fastest growing on the planet, according to the World Bank (2017) but their sustainability is challenged by a variety of factors: lack of transformation in the formal economy leading to limited access to funding; bureaucratic red tape; corruption; clients who do not pay on time which leads to fraught relationships with suppliers and staff; and not to mention discrimination against women led businesses because they are led by...

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The property industry in South Africa in 2016 showed market volumes worth R5.8 trillion according to the report issued by Property Sector Charter Council’s (PSCC) report which was completed to show the size of the country’s property sector. In an industry that is showing such tremendous year on year growth these results could only mean that this is the industry where young aspiring entrepreneurs both from all backgrounds should be looking more towards. Teboho Tsekoa,...

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Grade 11s who are serious about bringing their best game to their Matric finals next year should, like performance athletes, start their preparation now so that they enter the home straight in pole position when 2020 arrives, an education expert says. “The temptation will be there to put off thinking about Grade 12 until next year, but Grade 11s have the most powerful weapon in their arsenal right now – that of time,” says Natasha...

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As a creative, being in a space with fellow like minds could possibly be one of the best things to happen to you. Here are some ways that you can find your tribe and build your creative network. Instagram – Instagram allows you to get a visual feel of your city life or interest by just searching for images or hashtags or profiles. It also allows you to take a look and network with popular...

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To an accountant, tax administration is as nappy-changing is to a new parent: a key part of an often satisfying role – but let’s face it, not the part everyone enjoys. Taxes must be submitted in the right order and in good time, or businesses could face legal and eventually commercial consequences. At the end of the financial year, it’s particularly important to stay on top of processes such as auditing, month-end procedures, reconciliation and...

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Africa has one of the most digitally connected populations on the planet, with 400 million internet users. Sacha Poignonnec, cofounder and co-CEO of Jumia, Africa’s largest internet group, discusses why the e-commerce opportunity in Africa is so great for companies large and small in this interview with McKinsey’s Georges Desvaux. An edited transcript of his remarks follows. Interview transcript Africa’s big appetite for e-commerce From the outside, you look at Africa, you read the news, and...

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