Close Menu
    Facebook X (Twitter) Instagram
    Saturday, December 9
    Facebook LinkedIn
    Login
    eBizRadio.com Online RadioeBizRadio.com Online Radio
    • Home
    • Listen Live!
    • Podcast
    • Categories
      • Biz Entrepreneur
      • Biz Insight
      • Biz Opinion
      • Biz Research
      • Biz Trends
      • Biz Wires
      • Marketing Biz
      • Motoring Biz
      • Productivity Biz
      • Retail Biz
      • Techno Biz
      • Travel Biz
      • Tales from my Stethoscope
    • Advertise/Contact
    Trending
    • Meet the new Sportsbet.io ambassadors who are joining the crypto revolution | #News | #Sportsbetting
    • Breaking Chains: Empowering Women Through Education | #Insights | #Empowerment | The Love Trust
    • Marketing Budget Trends for 2024 | #Insight | #Marketing | Kevin Britz | Craig Page-Lee | #Podcast
    • Keep your ERP and enhance it with cloud services | #Insight | #ERP | #Technology | PaySpace | Heinrich Swanepoel
    • eKASI, Africa’s thriving economy! | #Insighs | #Marketing | Dentsu | Michele Thackwray | #Podcast
    • Upgrading Your Payroll? 5 Questions To Ensure You Select Genuine Cloud-Native Software |#Insight | #Software | #Payroll | Sandra Crous | PaySpace
    • MORINGA FARMING | #Business | #Ecopreneurship | Lindi Tshabangu | Yoonus Mitha | #Podcast
    • Are retailers ready for Black Friday? | #Retail | #Brands | #Insight | Leela Putten | iOCO
    eBizRadio.com Online RadioeBizRadio.com Online Radio
    Home»Biz Insight»How do we support those businesses with a turnover over R10 million? | #Insight | #Growth | #Business | Ingrid von Stein | Diane Boorman
    Biz Insight

    How do we support those businesses with a turnover over R10 million? | #Insight | #Growth | #Business | Ingrid von Stein | Diane Boorman

    eBizRadioBy eBizRadioAugust 15, 2022Updated:August 15, 2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The SME sector, specifically those businesses that have a turn-over of between 10 and 50 million, employ the highest number of people and are certainly the backbone of our struggling economy right now. What or how do we assist this segment of the market? What are the issues that they are currently facing – other than the ongoing issues of electricity supply. How do they move forward and reignite their growth strategies.

    We connected with South African Growth Strategist, Diane Boorman and asked her these questions and what is available for this market segment and how she can assist and get them back on track for sales, growth and expansion. Diane Boorman is an entrepreneur, has started, grown, expanded and sold many businesses. She now works with the SME (not start-ups) sector where their current turnovers is more that R10 million annually.

    SMEs are the lifeblood of South Africa’s economy — and also the most at risk. SMEs across South Africa represent more than 98 percent of businesses, employ between 50 and 60 percent of the country’s workforce across all sectors, and are responsible for a quarter of job growth in the private sector. And while the GDP contributions from South Africa’s SMEs lag other regions — 39 percent compared to 57 percent in the EU—there is no doubt that this sector is a critical engine of the economy

    SMEs in South Africa face distinct challenges:
    • Limited access to low- and medium-cost funding is constraining business growth
    • Even when funding is available, low awareness of opportunities and a lack of financial knowledge remain major barriers to SMEs accessing the required support
    • Slowing demand has led to SMEs having to limit expansion plans and identify alternative channels to sell products
    • Accessing the right markets in order to sell products
    • Owners and founders struggle to empower staff to lead and drive the business
    • Liquidity and cash flow management are limited

     

     

    #business #businessgrowth #entrepreneur #growth #Podcast #sme diane boorman growth strategist Ingrid von Stein
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    eBizRadio
    • Website

    eBizRadio is a live multi- platformed social media service providing an online forum to the business community for holding conversations on the key issues related to specific businesses as well as availing a space for cross-business collaboration in response to key issues affecting the world of business. The place to go if you want to know about business and lifestyle

    Related Posts

    Meet the new Sportsbet.io ambassadors who are joining the crypto revolution | #News | #Sportsbetting

    November 28, 2023

    Breaking Chains: Empowering Women Through Education | #Insights | #Empowerment | The Love Trust

    November 28, 2023

    eKASI, Africa’s thriving economy! | #Insighs | #Marketing | Dentsu | Michele Thackwray | #Podcast

    November 23, 2023

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    STREAMING 24/7

    The Stream is up 24/7 with a few exceptions for maintenance. We focus on business news and inisghts for the African Marketplace

    If you miss anything on the live STREAM, don’t worry as all our interviews are all available for download as PODCASTS and you can SHARE them with your network – it’s FREE!

    Contact us: 063 002 5148

    Our Most Recent Podcasts
    [podcast_playlist style="light" order="desc" images="true" limit="12"]
    Most Recent Podcasts

    [podcast_playlist style=”light” order=”desc” images=”true”limit=”10” offset=”6″]

    Facebook X (Twitter) Instagram Pinterest
    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?