If so, please discuss what you have done with the idea up to this point so we understand how far along you are in the formation of the actual company.
Managing money in a small business can become a time-consuming, Unprofitable activity if not managed properly and the newly launched Business Bundle from Nedbank for small businesses promises to remove most of those hassles for just R219 per month.
Team: Putting together the right team is critical to any business.
Some businesses that apply to IGNITE will already have a team in place and some companies will not.
And that draws in employees, many of them coming into contact with banking services for the first time with their weekly or monthly salary payments, widening the spread of potential new customers.
And of course, small business turnover provides a ready source of raw cash and profitable opportunities on both sides of the cash-flow fence.
But relationships aren’t built on a feel-good factor only; somewhere along the line, the talk must also do the walk.
And it’s on the bottom line that Nedbank is focused with its Business Bundle.
Small businesses are a vital source of new business for banks.
SMEs follow grassroots economic opportunities; their spread mirrors economic growth.