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Tag: Tom Stuart

ACCESS TO BUSINESS FUNDING IS KEY TO GROWING YOUR RETAIL BUSINESS

In the current climate, small and medium-sized retailers need to ensure they have the right tools and capabilities in place to not only attract new customers but to then provide an outstanding experience. Intelligently leveraging business funding to invest in these resources can be the difference between competing effectively in a crowded and increasingly pressurised…

BySpice4Life NewsSeptember 14, 20220Comments

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MANAGING BUSINESS RISKS: EASY STEPS ANY SME CAN TAKE TODAY

Small business owners should consider risk management and mitigation as a valuable form of insurance against any eventuality. It will help them protect the organisation that they worked hard to create. “Risk management is a vital element of business success. These steps can help put SME owners on the path to sustainability,” says Tom Stuart,…

BySpice4Life NewsAugust 2, 20220Comments

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BUILDING SA’S ECONOMY THROUGH SAVVY SMES

An important driver of the South African economy faces an enormous challenge. Our small to medium enterprises (SME) sector has barely emerged from the ravages of the pandemic, before now having to face a fresh set of obstacles. They need to be clever and savvy to overcome these challenges. Rising fuel and food costs are…

BySpice4Life NewsJune 21, 20220Comments

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ADAPTING TO CHANGE WILL EMPOWER SMES 

The world is constantly evolving, creating new needs, challenges, and opportunities for small businesses. The rise of fintech in South Africa has challenged the approach of traditional banks and given a platform for SMEs to grow their businesses more effectively.  "Fintech is playing a greater role in challenging traditional decision-making processes that business owners have…

BySpice4Life NewsMay 30, 20220Comments

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FOUR TYPES OF BRIDGING FINANCE AND HOW THEY CAN HELP SMES NAVIGATE UNCERTAINTY

Small to medium sized enterprises (SMEs) can face various financing issues, especially in the initial lifecycle of their business. Structured as a short-term loan agreement with flexible terms, bridging finance is a useful financial tool that can help carry SMEs through short-term periods of uncertainty. “This form of short-term finance is a useful way for…

BySpice4Life NewsJanuary 11, 20220Comments

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SMES OF TOMORROW – TIPS TO DRIVE GROWTH IN 2022

Employing over half the workforce, driving significant growth in the private sector, and representing some 98% of all businesses, SMEs are the lifeblood of the South African economy. Experts speculate that Digital Transformation, COVID-19 awareness, shifting supply-chain trends, and operational optimisations, are among the key areas where SMEs can drive improvements, and thrive in 2022.…

BySpice4Life NewsNovember 30, 20210Comments

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FIVE WAYS SMES CAN GEAR UP FOR A SUCCESSFUL BLACK FRIDAY

As South African businesses continue to face significant economic uncertainty, SMEs should consider how to improve their competitiveness and relevance during seasonal sales periods such as Black Friday on 26 November. According to Statistics South Africa, South African retail sales fell 4% year-on-year in 2020, indicating a contraction in Black Friday sales for last year.…

BySpice4Life NewsNovember 19, 20210Comments

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GOOD CUSTOMER RETENTION TACTICS TRANSLATE TO BRAND LOYALTY AND PROFITABILITY FOR SMES

There is a good reason why the saying goes “first impressions last” and this is particularly important for small businesses. Once they’ve connected with a new customer, businesses should focus on offering high-quality delivery over the long-term. It begins with a client's first interaction with businesses or brands and continues throughout the lifetime of the…

BySpice4Life NewsJuly 20, 20210Comments

Tag: Tom Stuart

ACCESS TO BUSINESS FUNDING IS KEY TO GROWING YOUR RETAIL BUSINESS

MANAGING BUSINESS RISKS: EASY STEPS ANY SME CAN TAKE TODAY

BUILDING SA’S ECONOMY THROUGH SAVVY SMES

ADAPTING TO CHANGE WILL EMPOWER SMES

FOUR TYPES OF BRIDGING FINANCE AND HOW THEY CAN HELP SMES NAVIGATE UNCERTAINTY

SMES OF TOMORROW – TIPS TO DRIVE GROWTH IN 2022

FIVE WAYS SMES CAN GEAR UP FOR A SUCCESSFUL BLACK FRIDAY

GOOD CUSTOMER RETENTION TACTICS TRANSLATE TO BRAND LOYALTY AND PROFITABILITY FOR SMES

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