One of the key areas where SME owners need assistance is education. This does not necessarily have to be formal education, but education that provides business owners with the skills they need to run their businesses effectively. In many circumstances, SME owners are excellent in their trade, however, they may not have the other skills required to run their businesses. The level of formal education of SME owners in South Africa has increased over the past number of years with

Big businesses have a role to play in working with and developing SMEs. In our experience, there are many entrepreneurs with an excellent product or a great service, however, they need an opportunity to get started. - SMEs seek first a MARKET - big business is key in providing that. - SMEs seek FUNDING, which larger businesses can provide if they believe in the business model and future prospects of the SME. - SMEs seek ADVICE - mentorship programmes is something that all exp

A vibrant small and medium-sized enterprise sector is a vital ingredient for a healthy market economy. According to The Banking Association South Africa, SMEs make up 91% of formalised businesses, provide employment to about 60% of the labour force and total economic output accounts for roughly 34% of GDP. SMEs are the true backbone of the South African and African economy. Their capacity for innovation and flexibility in a changing business environment makes them crucial for