Crowdfunding: The Importance of having an Effective Strategy

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What is Crowdfunding?

Crowdfunding is an investment opportunity for large amounts of people to fund a project or idea that is marketed to them through crowd funding channels. A reward-based program is often used whereby “backers” of a project will receive a reward for helping to fund the project. This reward could be in the form of the actual product being funded, a thank you note or even a signed poster of the project team. The choice of reward is determined by the creators of the project. Continue reading

Differences between a Business Plan and a Strategic Plan

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Readers of our blog are well aware of our previous post where we highlighted the benefits of having a Business Plan. Today we will be highlighting the differences between a Business Plan and a Strategic Plan and stating why both are needed for a successful business. Continue reading

How to Register a Business in South Africa

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If you are interested in registering your business as a private company in South Africa, these are the steps you should follow as per the official CIPC (Companies and Intellectual Properties Commission) website. Make sure you have details such as the names and ID numbers of the director/s and incorporator of the company. Continue reading