SimplyBiz - Articles

How to Business pitch

As a business owner, you may understand the vision and mission of your business, but articulating that to potential investors is not that simple. Here are some tips to help you pitch your business:

3 Sep 1 min

How to Land a Job at a Small Business and Why It Rocks

Solving the experience dilemma with the golden ticket Working at a small business can be one of the most rewarding career moves you make. Unlike large corporates, small businesses offer hands-on experience, a close-knit team environment, and the chance to grow with the company. But getting the job takes preparation,…

3 Sep 4 min

Dealing with people who doubt your business idea

As you prepare to start your own business you will inevitably meet people who doubt your business idea. They may mean well but their comments can be a devastating blow to your self-esteem. You will meet: The Gunslingers(“Your idea will never work so don't even bother wasting your time.”) These people…

3 Sep 1 min

Efficiency & Productivity

There are really only two ways to improve your profit margin, either you must increase your price or reduce your costs. The former is always subject to the customer’s willingness to pay, especially in times of increased competition and price pressure, hence it makes sense to pay attention to how…

3 Sep 2 min

Five Reasons to love your small business

1 It’s yours – you built it! No matter how small or ‘unexciting’ your business may be, if it’s paying the bills, then it’s a successful business. Even if it’s a start-up, or not yet profitable, it still has the potential for you to make money. What’s important is that…

3 Sep 2 min

Guide to Legal and Regulatory Compliance for Small Businesses

In today's competitive business landscape, government tenders and Requests for Quotations (RFQs) can provide lucrative opportunities for small businesses to secure contracts and expand their operations. However, participating in these processes requires diligent attention to governance and compliance requirements to operate legally, maintain ethical standards, and promote sustainable governance.

3 Sep 6 min

Guide to selecting the right business structure for your small business

The structure you choose will affect your taxes, personal liability, and ability to raise funds. Here’s an overview of the common structures available: Sole Proprietorship A sole proprietorship is the simplest form of business, owned and run by a single individual. Advantages: Simple setup and low-cost; full control; personal tax…

3 Sep 3 min

Big mistakes small-business owners should avoid part two

I often say that I got my MBA the hard way, by starting and losing a few businesses. Believe me, it was also more expensive than any Ivy League MBA! When speaking to other entrepreneurs, I discovered that the mistakes I made were far from unique, but I wish I’d…

3 Sep 3 min

Bridging the generational gap in the workplace part one

For the first time in history, five generations may be working side by side—each shaped by different eras, values, and expectations. From the wisdom of the Veterans to the tech-fluent Gen Z, this mix can be both a challenge and a strength for small business owners.

3 Sep 2 min

Bridging the generational gap in the workplace part two

For the first time in history, five generations may be working side by side—each shaped by different eras, values, and expectations. From the wisdom of the Veterans to the tech-fluent Gen Z, this mix can be both a challenge and a strength for small business owners.

3 Sep 3 min

Creating a positive work culture

Imagine if the popular Pharrell Williams’ song reflected your workplace culture. Then ask yourself hand–on–heart, what song your team are actually humming? Keeping your employees motivated and productive is quite the challenge in our post pandemic, hybrid and unstable world. A recent WHO–led study* estimates that depression and anxiety disorders…

3 Sep 2 min

Am I an entrepreneur part one

What to think about when you’re thinking about starting a business. Entrepreneurship is all about seizing opportunities. It’s about identifying a problem or a need and offering a solution. Entrepreneurship requires innovation and a challenging mindset. However, behind every successful business is someone who has the courage and determination to…

3 Sep 3 min

Am I an entrepreneur part two

What to think about when you’re thinking about starting a business. Entrepreneurship is all about seizing opportunities. It’s about identifying a problem or a need and offering a solution. Entrepreneurship requires innovation and a challenging mindset. However, behind every successful business is someone who has the courage and determination to…

3 Sep 3 min

Approaching an investor for funding

You’re not ready to pitch or even create a pitch deck unless you know the type of investor you really want for your start-up. Capital is still plentiful right now. Raising money from angels and VCs is far more about what they can do for you besides the money. The…

3 Sep 1 min

Are you ready to hire

Hiring your first employee is one of the biggest milestones in any business journey. It’s exciting—but it also comes with responsibility. Bringing someone into your business is more than just creating a job; it’s about building the foundation for sustainable growth.

3 Sep 4 min

Be Alert When Leasing!

Any commercial property agent will confirm that the location mantra is one of the most important considerations for a business. If exposure to lots of feet is important to your business, then an unattractive location could be the death knell. However, with high exposure, comes high rentals; small retailers often…

3 Sep 5 min

9 ways to launch a new product on a small budget

Launching a new product can be a game-changer and it doesn't have to break the bank. With careful planning, creativity and strategic thinking, you can successfully introduce your latest offering to the market without emptying the till. Here are nine practical ideas for launching small!

3 Sep 2 min

7 common small business mistakes

There are untold mistakes that the budding entrepreneur can make when blinded by the excitement of starting a new business. The good news is that mistakes are all part of the learning experience. What separates the businesses that survive from those that fail lies in not repeating those mistakes.

3 Sep 4 min

How to test if you’re onto a winning business idea

Excited about your business concept? Great! But, best test it before taking the plunge, particularly if you are a first-time business owner or unfamiliar with the industry you are considering entering. Without careful consideration and planning, launching a new product or concept could be a waste of critical resources if…

27 Aug 2 min

10 things business owners should do and know before hiring

Starting or growing your own business and making mistakes go hand in hand. Some of the hardest lessons to learn are around hiring employees. It’s a challenge to find great people, recruit them, manage them and hold on to them, especially as a small business. If you didn’t hire good…

27 Aug 2 min