Not all who build businesses are equal. Very often those who look to describe people with their own enterprise will use ‘entrepreneur’ and ‘small business owner’ interchangeably; however each phrase describes a different kind of person, and distinctive mind-sets about how they pursue their business.
If you’re a bookkeeper for one, or many small businesses, you’ll know about the delicate state in which a small business can operate. Small businesses, by virtue of their size, need to be adaptable in order to mitigate the risks that come from being a small operation with limited assets. As a bookkeeper working in this environment, your focus should always be on providing your clients, or employers, with a service that will ensure the business’s financial well-being.
Do you spend hours at your desk at work feeling bored and wishing you could be doing something you really loved? Are you passionate about something and dream about finding a way to transform it into a successful business enterprise? Starting your own business is a journey that is bound to be filled with ups and downs, but it has to be said that if true passion lies at the centre, then the chances are that you’ll be able to overcome even the greatest of obstacles.
There seems to be a common misconception today, particularly among 20-somethings, that if you haven’t made it “big” by the time you’re 30, you’re practically doomed when it comes to finding career happiness. However, the reality is that success doesn’t have an age limit on it and at the end of the day, very often all you need is a great idea and a bucket-full of passion to give you the best chance of becoming a successful entrepreneur.
When it comes to small business, nothing is more important than team building. Your team makes up your talent, and your talent is what keeps the business going. Naturally, it then becomes extremely important for that talent to be able to work together and to be as strong as possible while doing so.
Sometimes in business, entrepreneurs just get it right. Others will look on in awe and wonder what the secret to their success is and what they could be doing differently in order to become as successful. Establishing, running and growing your own business is one of the hardest yet most rewarding things you can choose to do, and it requires consistent patience, persistence and dedication.
The technological world is one that is constantly evolving and producing new and exciting products very often designed to make our lives easier. Once your small business has gotten off the ground, you’ll begin to look for ways to streamline things so that they run more smoothly.
As an SME, you know that you need solid computer systems such as payroll and accounting to effectively grow and manage your business. Yet the newest technology can seem prohibitively expensive when you’re just starting out. This where cloud computing can help you to enjoy the benefits of technology while freeing you from many of the costs and complications.
Entrepreneurship and the further development of small businesses are essential in ensuring South Africa’s economic growth and future success. Sage South Africa has always been passionate about assisting small businesses to be successful and operate efficiently, by providing software solutions to help businesses do just that.