The structure of the employment market in South Africa is extremely rigid as nearly 85% of all people who are employed, are employees. That means that only 15% of the employed are employers or self-employed. These numbers account for only the 40% of the population that is employed. It is important to look at a [...]
A few things came up over coffee the other day. His idea is good, his funding is solid, there are many choices. Some of the questions that don’t usually get asked: Are you aware of your cash flow? The thing about a fish in the stream is that it doesn’t care if the water is [...]
Tamara Mellon is CEO of Jimmy Choo, the $240 million (reported sales) British shoe and accessories company. Her father, Tom Yeardye, worked as an actor, stuntman, restaurateur and real estate investor before partnering with Vidal Sassoon in the 1960s to build the hairdressing and products empire. Mellon and Yeardye were extremely close. Before Jimmy Choo, [...]
While franchising’s prevalence in the U.S. economy indicates that franchisees can succeed, hundreds of franchisees fail each year. The most frequent causes: lack of funds, poor people skills, reluctance to follow the formula, a mismatch between franchisee and the business, and poor management. Often, it’s the small stuff that separates winners from losers. A critical [...]
A year ago, a headhunter invited Kevin Dinino to interview for a job similar to the executive position he had gotten laid off from in early 2009. But he passed on the opportunity — as well as two more interview invites he received earlier this year. After getting downsized, Mr. Dinino, 32 years old, launched [...]
If you’ve been blogging for a while, you’re probably very protective of your audience. You appreciate their comments and their continued commitment to your blog. In return you provide valuable content and usually let them know useful hints and free resources that they can use to improve their own blogs, lives, health or businesses. But [...]
If you’re a small business owner who uses Facebook brand pages as a way to market your business, you may have noticed a little prompt asking you to update your page recently. It’s all part of a major brand page overhaul that Facebook says is designed to help business owners better manage communications, express themselves and increase [...]
You don’t have to break the bank to start a business. For many would-be entrepreneurs, money is the insurmountable hurdle. They hunger to strike out on their own, but don’t have a big pile of cash to invest in a start-up that might not churn a profit for years to come. And they’re reluctant to [...]
