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Full Description
This text provides formulas for starting your own business in the new South Africa. It may be of value to the new or established entrepreneur determined to succeed, covering areas such as how to choose a business, research the market, draw up a business plan, and find finance. In addition there is advice on registering your own company, organizing production, managing your cash-flow, staff and stock, marketing and selling your product, coping with creditors and debtors and how to deal with tax and legislation.
Contents
Section 1: The entrepreneur and the task ahead; what type of business to choose?; how to assess a business opportunity; success - the critical factors; the business plan; how to research the market; pricing and promotion; the marketing mix and the marketing plan; the production plan; staff - how to find, keep, and motivate them; financial record-keeping; more about financial analysis; stock control and inventory management; credit and cash flow management; preparing the financial plan; the final business blueprint. Section 2: Forms a business can take - the company; the close corporation; planning your tax; some legal aspects; forms of short and medium term finance; sources of finance (institutions). Section 3: The Small Business Development Corporation; the Regional Industrial Development Programme; small claims court; Institute of Accounting Technicians.
