Is it possible that society has such a small percentage honest SME owners?

Or does it not perhaps highlight the harsh realities of small business as being an extremely competitive environment where only a few really achieve success and the majority only survive? Read the rest of this entry »

BEE transactions based on start-up ventures however render their own challenges

It is substantially more difficult to prove that a business, which is about to be started, will in fact be successful. Such a venture has no historical audited financial statements reflecting a good profit history. Funders of such ventures are by nature extremely suspicious, and always look for some form of concrete evidence that a start-up business venture will succeed. Read the rest of this entry »

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