MAY 2025 – National Edition

By TheLife Team 1 month ago

FEBRUARY 2025 – NATIONAL EDITION

By TheLife Team 4 months ago

NOVEMBER 2024 – NATIONAL EDITION

By TheLife Team 7 months ago

MAY 2024 – NATIONAL EDITION

By TheLife Team 1 year ago

FEBR 2024-NATIONAL EDITION

By TheLife Team 1 year ago

I want to apply for finance- what is the next step?

John started his business after pitching his idea to some friends around the BBQ. He used all his savings for start-up capital, and family and friends provided loans. He could not apply for finance as his credit rating was not strong enough.
John’s scenario is not uncommon in the business environment. According to gviafrica.co.za, 3.3 million of the 5.6 million small businesses in 2018 were categorised as “survivalist firms”.
A few entrepreneurs have pitched their business idea to a group of funders, conducted market research, or developed a business plan and are not prepared to apply for finance.
John can implement some key strategies in his business to be able to apply for finance in the future. These strategies are:

By Gerty Green 2 years ago

EDITOR’S NOTE

Entrepreneurship can be a challenging journey, especially during times of economic uncertainty. In South Africa, entrepreneurs often face unique hurdles due to the country’s economic fluctuations. In such times, it is crucial for entrepreneurs to adapt, strategize, and persevere. Here are some editor’s notes offering guidance and coping strategies for entrepreneurs navigating through difficult economic periods in South Africa:

By T Steynfaardt 2 years ago

THE THREATS OF CYBERCRIME MAY NOT COME FROM CYBERATTACKS

Cybercrime is becoming an increasingly significant issue for private businesses, individuals and government, and new threats are constantly emerging that prove it is now essential that business starts prioritising cybersecurity. What is cybercrime? Where is it coming from? And what is the expected impact on the economy? Fred Razak, Chief Trading Strategist at CMTrading, gives us his analysis.

By TheLife Team 2 years ago

The Business of  performing Arts   

After witnessing Oriental fire in action at a local event, the Life of an Entrepreneur Magazine spoke to founder and professional artist Tina Kapp about how Oriental Fire build their passion for performing into a business. Global Media named Oriental Fire Best Unique Event and Entertainment Company of 2023 MEA Excellence award Gauteng.

Ceo Tanya Steynfaardt describes the performance as an Explosion of professionalism, poise and energy.

By TheLife Team 2 years ago

Black Land Reform in Agriculture

We are almost 30 years into the idealistic vision that Nelson Mandela had for South Africa and the failure of Agricultural reform is tangible. Besides the Land Distribution, Land Restitution, and land Tenure Reform, 75% of all redistributed farms failed. Research shows that the reason for this failure is that these farms are given to individuals without preparing them for the management of the land. The lack of skills and lack of managerial and agricultural knowledge contribute to community conflict and that leads to the desertion of these farms, more and more farms become unproductive, and this spells disaster for food security in our country.

By Marinda Sauerman 2 years ago

The Art of budgeting

Creating a personal budget is an important step in managing your finances and achieving your financial goals. A budget helps you track your income and expenses, prioritize your spending, and avoid debt. In this article, we will walk you through the steps to create a personal budget, with references to helpful resources along the way.

By TheLife Team 2 years ago