Making a small business, or any business, work is no mean feat.
This became evident again when Edward Kieswetter, the commissioner of the SA Revenue Service, recently commented to media on the state of the economy. He said that small businesses will take a severe knock due to the effects of lockdown and this will impact the economy significantly.
He commented: “It takes 100 businesses … to create one successful business. So, for every one we lose, we will have to have a hundred if not more entrepreneurs taking the risk.”
To find out more about this article please visit: https://www.moneyweb.co.za/financial-advisor-views/making-a-small-business-work/