The importance of small business in South Africa
The National Small Business Chamber (NSBC) alongside official sponsor Nedbank, has been promoting the concept of Small Business Friday. The initiative, which culminates on Friday the 7th of September, aims to promote and support small business throughout South Africa. Literature on the official website states that the future of the SA economy and the solution to unemployment lies in assisting small business to grow and thrive.
This concept has been close to our hearts since the inception of Softline, and as such, we will be supporting Small Business Friday during the course of next week through the posting of helpful tips, hints and advice for small business owners.
As a starting point, we’d like to point out a few opportunities for small business to gain recognition in SA through several awards taking place at the moment. The first of which is the Small Business Awards run by Softline Pastel and 567 Cape Talk. The following was taken from the official press release issued by the awards organisers:
The small business sector in South Africa has the potential to make a significant contribution to economic growth and employment. It is through innovation that better service and increased employment becomes a natural consequence. The annual Small Business Awards in partnership with 567 Cape Talk and Softline Pastel, focuses on supporting and fostering this entrepreneurial culture and have done so since 2008. Entries for the 2012 nominations have now opened.
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