Pre-start Up Formal Business Planning by New Immigrant Entrepreneurs in South Africa

2015 ◽  
Vol 44 (2-3) ◽  
pp. 106-112
Author(s):  
Olawale Fatoki
2016 ◽  
Vol 7 (2) ◽  
pp. 97-105 ◽  
Author(s):  
Samson Nambei Asoba ◽  
Robertson K. Tengeh

Even though the arts and craft industry is perceived to be a significant contributor to the socio-economic development of South Africa, the plight of immigrant owed businesses that dominate this sector has been largely neglected in policy and support initiatives over the past decades. This paper aims to contribute to the inclusion debate, by examining the factors that inhibit the start-up of African immigrant-owned craft businesses in selected craft markets in the Cape Town area. A quantitative approach to data collection and analysis was adopted with snowballing as the sampling technique. Questionnaires were administered to 122 African immigrant entrepreneurs. The quantitative data was analysed using the Statistical Package for the Social Sciences (SPSS 23). The findings indicated that limited access to bank loans, limited space, and high rental costs were the major start-up challenges. Other concerns included the relatively very short-stay permits issued by the Department of Home Affairs to immigrant entrepreneurs, the problem of complying with taxation regulations in South Africa, and the difficulty of communicating in Afrikaans and Xhosa were not perceived as start-up challenges. Recommendations were made to African immigrant entrepreneurs and selected municipal managers aimed at dealing with the start-up challenges faced by African immigrant-owned businesses


2014 ◽  
Vol 22 (03) ◽  
pp. 313-330 ◽  
Author(s):  
Evelyn Derera ◽  
Pepukayi Chitakunye ◽  
Charles O'Neill ◽  
Amandeep Tarkhar-Lail

This study explores gendered lending and marketing practices of start-up capital to women entrepreneurs in South Africa. A multi-method research design, comprising of 6 in-depth interviews with experts, and a survey of 50 women entrepreneurs was adopted using convenience and snowball sampling techniques, respectively. The findings revealed that women entrepreneurs are experiencing gendered discriminatory practices embedded in lending practices used by financial institutions, thereby discouraging them to venture into non-traditional industries. Whilst financial providers may know their products well, many emerging women entrepreneurs in South Africa may find it difficult and costly to obtain information on the thousands of financial products available. Hence, women entrepreneurs resort to taking greater risks than necessary in order to get their businesses off the ground. Educating women on financial matters is extremely important if South Africa is to benefit fully from the untapped entrepreneurial talent that women possess. The study adds voice to the discriminatory lending practices faced by women entrepreneurs in developing countries. Future research could explore the feasibility of establishing a financial institution which caters specifically for the needs of women.


Author(s):  
Vivek Wadhwa ◽  
AnnaLee Saxenian ◽  
Richard B. Freeman ◽  
Gary Gereffi

2018 ◽  
Vol 19 (2) ◽  
pp. 125-133
Author(s):  
Justin O’Brien

‘Establishing a retro-marketing rental company: VW Kamper’ is a teaching case study primarily targeted for postgraduate and advanced undergraduate entrepreneurship, marketing and management students who are seeking to learn a range of small business start-up business planning and evaluation methods. The case draws theoretically on the brand revival characteristic framework of Brown, Kozinets and Sherry to consider the allure of renting a nostalgic Volkswagen (VW) campervan for a glamorous camping experience while relating some of the growing literature pertaining to the challenges faced by female entrepreneurs. The case provides financial and marketing contextual information to practically engage students with an intriguing and authentic motorhome rental service concept to help develop financial reasoning skills related to new ventures and risk.


2020 ◽  
Vol 14 (1) ◽  
pp. 41-60
Author(s):  
Rob O’Donoghue ◽  
Christa Henze ◽  
Chong Shimray ◽  
Kartikeya V. Sarabhai ◽  
Juan Carlos A. Sandoval Rivera

The Hand-Print concept emerged as a proposition for learner-led action learning in the Centre for Environment Education, Ahmedabad, Gujarat, India. Hand-Print CARE as an ethics-led action learning proposition was developed at a Local Culture for Understanding Mathematics and Science (LOCUMS) research group meeting with some educators in Alta, Norway. Here ‘CARE’ emerged as an acronym reflecting an ethic of inclusive respect through Concern for others, being Attentive to needs, showing Respect for each other and being Engaged in learning actions for the common good. Hand-Print CARE was thus activated as a co-engaged mediation process towards ‘Learning to look after others to best care for ourselves and the surroundings we all share’. Conceptual tools towards a Hand-Print CARE rationale were clarified in subsequent ESD workshops in Malaysia and Mexico and the challenge of developing a schema for ESD in school subject disciplines emerged at an ESD training workshop with National Council for Education Research and Training (NCERT) in Delhi, India. This article explores the emergence of Hand-Print CARE and the framing of an open-ended schema for mediating better-situated and ethics-led action learning in school subject disciplines. A formative perspective towards more locally situated and co-engaged processes for mediating learning was refined through an ESD Expert-Net collaboration to clarify ESD learning progressions in school subject disciplines. Some start-up materials were developed with partnering NGOs in the small town of Howick in KwaZulu-Natal, South Africa, and in an expanding collaboration involving partners in India, Mexico, Germany and South Africa. Each of us worked to refine Hand-Print CARE learning progressions for ESD processes of action learning in diverse subject discipline and school-in-community settings.


2013 ◽  
Vol 16 (3) ◽  
pp. 258-278 ◽  
Author(s):  
David Portmann ◽  
Chipo Mlambo

This paper investigates the manner in which private equity and venture capital firms in South Africa assess investment opportunities. The analysis was facilitated using a survey containing both Likert-scale and open-ended questions. The key findings show that both private equity and venture capital firms rate the entrepreneur or management team higher than any other criterion or consideration. Private equity firms, however, emphasise financial criteria more than venture capitalists do. There is also an observable shift in the investment activities away from start-up funding, towards later-stage deals. Risk appetite has also declined post the financial crisis.


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