Understanding your organisation’s business model is more critical today than it ever has been. We are operating and running businesses in a volatile, uncertain, complex and ambiguous (VUCA) world. We’ve seen companies that we grew up with, disappear overnight. Disrupted by technology start-ups; impacted by negative external forces or by their inability to understand the…
Introducing passionate entrepreneur, chef and owner of Ekayise Delicacies – Nomandla Mkhize. We chatted to her about cooking and following a path in life that you love. Hi Nomandla, tell us a little more about yourself? I began my cooking career by doing a three year National Diploma in Professional Cookery through the International Hotel…
Small business consultant Nokwazi Mzobe, in collaboration with Procter & Gamble (P&G) and industry experts, has launched a comprehensive new handbook for SA’s small businesses. Mzobe, founder and lead consultant at Matoyana Business Solutions, launched the handbook with the support of P&G South Africa’s Leadership College, aiming to guide small businesses through the process of…
Dipuo Gqola of Wahlumaa Trading Enterprise in La Lucia, Durban, says she only realised the importance of a business plan after she attended the business modelling course at the Gordon Institute of Business Science (Gibs).“I used to think a business plan was a waste of money and time. And both of those are in short…
A business model is something you create for yourself in the primary phase of starting a business – in other words the “blue print” of your business. It helps clarify that you have a product or idea that people are interested in and are willing to buy. A business model also helps identify who your…