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.
R600,000 Req R1,000 Min
The business will provide travel management services to corporate, government, and private individuals.
R5,000,000 Req R1,000,000 Min
" Walk in Fill Water Business "
R5,000,000 Req R500,000 Min
BuyByCountry (Pty) Ltd is the South African holding company of BuyByCountry and ByeByeCountry. BuyBycountry is a B2B and e-commerce website with four sources of income.
R1,000,000 Req R25,000 Min
An innovative and interactive range of children's furniture made from durable plywood - features a unique DIY assembly joint that doesn't require any additional hardware.
R500,000 Req R50,000 Min
Swim school teaching, training and exercise programmes ranging from 6 months old to adults.
R30,000,000 Req R3,000,000 Min
I am looking for one or more investors who will asssit us with funding to establish a warehouse for local manufactured corporate and promotional gifts.
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