Being a first class professional with an itch for independence might be enough to get you started in your own business, but not to keep you going. You need a plan, Sam! Here’s what you need to know about business planning, office space and the legal requirements for regulated professions.
Legal jargon may not be everybody's cup of tea, but as a franchisee you cannot afford to not read the small print. The quality of the franchise agreement has a direct impact on the profitability of your business. Here's what to look for in the agreement.
As proud as local inventors are of world-firsts such as the CAT scan, Kreepy Krawly and Pratley Putty, great ideas don't make great businesses until they're patented and commercialised. And this is where South Africans fail miserably.
If you are planning to open, or currently run, an accommodation establishment, restaurant, coffee shop, pub, tavern or shebeen where food is served, you must have a valid business or trade licence.
