As getaways continue to evolve in their meaning and importance for the balance of our well-being, and with the COVID-19 pandemic continuing to reshape how we travel and tour, investment in tourism and hospitality is a double-edged sword.
Saturday, 05 October 2024
Evertol | Business News
At some stage most entrepreneurs have the desire to start their own businesses but don’t really know how to manoeuvre. There is one key area where entrepreneurs seem unsurpassed in self-inflicting damage: not having to calculate the cost of implementing their business plan and lack of awareness on the benefits of asset-based loans.
There are vast opportunities in the Medical Supply industry in South Africa, both for local use and for export into neighbouring countries that do not have advanced products and equipment as South Africa has access to.
Without optimism, there is no profitability in Africa. This has been the strategic stance of two of the top global banks, Citigroup and JPMorgan Chase, that have decades of experience in the most advanced African economy – South Africa.
It is very important to have a good business plan in South Africa, because the markets are not as clear-cut as they are in advanced markets in Europe. A South African Start-Up requires more planning just to acquire the capital, because there is need to ensure that the business is executable, measurable, and most importantly, profitable.