Small business start-ups in South Africa have been pinpointed by the South African government as a way to stimulate economic growth in the country and to help solve the large unemployment problem. Whilst new businesses in South Africa will face many challenges, the government does provide a variety of incentives to help new businesses especially for black entrepreneurs who are looking to create small business start-ups.
Whilst there are a number of administrative tasks and minor costs associated with forming small business start-ups in South Africa, such as registering the company formation documentation with CIPRO located in Pretoria and registering for TAX with SARS once these formalities are out of the way, entrepreneurs looking for funding for their small business start-ups have a variety of options that they can consider.
Financing small business start-ups in South Africa can be done in various ways, from finding the enterprise with your own money, to borrowing funds from friends and family. However in many cases entrepreneurs looking to create a small business start-up may need to look for outside funding assistance from South African private investors or venture capital firms.
South African investors looking to fund small business start-ups will be looking for new businesses that can present a professional business plan and has figures and statistics that can show that the business can provide long-term success. Whilst some investors in South Africa may fund your business start-up for a simple financial return on their investment by a set date, others may require an equity stake in that business. Entrepreneurs looking for funding for their small business start-ups will therefore need to decide which type of private investor that they will want to work with. Not all entrepreneurs are comfortable with giving up a stake in their business, whilst many investors are likely to insist on it.
R1,000,000 Req R100,000 Min
Looking to create an Upmarket One Stop Beauty House in Phoenix Durban - population of Phoenix is c250K. The services would include hair, nails, make up, massages, hair extensions, coffee bar etc.
R250,000 Req R1,000 Min
I'm looking for at least R250,000.00 from investors who can receive 125% profit every 12 months. Funds will be used for Forex trading and business activity by a South African Forex broker. You won't be required to do any trading.
R8,000,000 Req R3,000,000 Min
A property investment opportunity that would result in a ROI of 78% : 21.5% compounding per annum over 3 years
R18,000,000 Req R18,000,000 Min
I would like the opportunity to speak with you about omnivest. project that is in need of funding to expand, we currently need 18 mill we offer 30% return on investment and 40% shares in the company over the period of 5 yrs
R700,000 Req R100,000 Min
Non-emergency medical transportation and artist management.
R10,000 Req R1,000 Min
I will go and buy vegetables and fruit direct from the market and resell it to the client base . Delivery will be done on daily base . Clients will place an order and then deliver to their door step.