Financial Innovation: A Key Driver for Business Growth and Prosperity

Financial Innovation: A Key Driver for Business Growth and Prosperity

As businesses strive for growth and success, exploring new financial avenues becomes increasingly important. In this article, we’ll discuss the significance of financial innovation in the context of helping businesses thrive. The Essence of Financial Innovation: Financial innovation encompasses the creation and implementation of new financial products, services, and technologies that alter the way businesses […]

Parallels Between Triathlons, Training Discipline, and Running a Small Business

In the world of triathlons and small business (SMBs), success often hinges on discipline, commitment, and a well-structured approach.

In the world of triathlons and small to medium-sized businesses (SMBs), success often hinges on discipline, commitment, and a well-structured approach. At first glance, these two realms may appear vastly different, but a closer look reveals striking similarities. Goal Setting Both triathletes and SMB owners understand the importance of setting clear, achievable goals. Athletes set […]

Challenges Faced by SMEs in South Africa: Navigating Business Loan Interest Rates

Challenges Faced by SMEs in South Africa: Navigating Business Loan Interest Rates

Small and Medium-sized Enterprises (SMEs) are the lifeblood of the South African economy, driving growth, creating jobs, and fostering innovation. However, these enterprises often encounter significant challenges when seeking business loans, particularly concerning interest rates. In this article, we will explore the issues facing South African SMEs regarding these on business loans. 1. High-Interest Rates: […]

The Rising Interest Rates and Strain on South African Businesses

The recent surge in interest rates has brought about significant challenges for businesses in South Africa.

The recent surge in interest rates has brought about significant challenges for businesses in South Africa. As the cost of borrowing increases, companies grapple with the pressure to adapt to higher financing expenses. This rise in interest rates has introduced a new dimension of complexity to the economic landscape. It is testing the resilience of […]

The Vital Role of SMEs in South Africa’s Economy

The Vital Role of SMEs in South Africa's Economy

Small and Medium-sized Enterprises (SMEs) play a crucial and indispensable role in driving economic growth and development in South Africa. These enterprises, often referred to as the backbone of the economy, contribute significantly to job creation, innovation, and overall prosperity. In this article, we will delve into how SMEs in South Africa are a boon […]

Gain a Head Start in Your Business by Embracing New Technology

In this article, we delve into the benefits of leveraging new technology to gain a head start in the industry.

In the fast-paced and ever-evolving business landscape, the adoption of new technology has become a pivotal factor for staying ahead of the competition. From streamlining processes to enhancing customer experiences, integrating cutting-edge technology can empower businesses to achieve unparalleled success. In this article, we delve into the benefits of leveraging new technology to gain a […]

Harnessing AI for Effective Financial Management and Optimised Cashflow in Your Business

Harnessing AI for Effective Financial Management and Optimised Cashflow in Your Business

In today’s technologically advanced world, businesses increasingly use artificial intelligence to streamline operations and improve efficiency. One area where AI can significantly impact is financial management and cash flow optimisation. This article explores how your business can leverage AI to manage finances and effectively ensure a healthy cash flow. Artificial intelligence-powered Financial Forecasting AI can […]

Exploring the Range of Funding Options for Small and Medium-Sized Businesses from Bizcash

Bizcash, a leading financial institution, offers a diverse range of funding options to cater to the specific needs of SMEs. Let's delve into their various funding solutions, including solar finance, a business overdraft facility, selective invoice discounting, a business loan, a business term loan, and supply chain finance.

In today’s dynamic business landscape, access to flexible and reliable funding is crucial for the growth and success of SMEs. Bizcash, a leading financial institution, offers a diverse range of funding options to cater to the specific needs of SMEs. Let’s delve into their various funding solutions. These include solar finance, business overdraft facility, selective […]

How to keep your business profitable during public holidays

how to keep your business profitable during public holidays

Public holidays can present a challenge to any business. On the one hand, you want to respect the time off that your employees deserve. On the other hand, you don’t want to miss out on potential sales opportunities. Keeping your business profitable during public holidays requires some planning and strategy. Here are some tips to […]

There are benefits to taking out a business loan

There are benefits to taking out a business loan

If you own a small or medium-sized operation, taking out a business loan can be an excellent way to grow and expand your company. While taking on debt may seem daunting, the opportunities that come with it can help you achieve your long-term goals.  Here are some of the top opportunities you can work with […]

Cash flow issues? Here are some tips on how to get your business back on track

Cash flow issues? Here are some tips on how to get your business back on track

The most critical failure in a business that sinks small companies is cash flow. For example, paying Vat before your invoices from clients are paid is just one element of running a business. In South Africa, significant issues can affect your business cash flow. Managing your supply and payments before you have been paid for […]

The rise and rise of the FinTech industry

The rise and rise of the FinTech industry

In South Africa, the high unemployment rate and increase of SMMEs allowed FinTech companies to thrive. For the longest time, the large banks underserve the SMME businesses. It opened up a large population sector for alternative funders to enter the finance market for SMMEs. The emergence of FinTech Financial technology applies technology (like smartphones, websites, […]

The benefits of having business insurance in South Africa

Business Insurance Bizcash Trade Credit Insurance

When you run any business, you have risks. Business insurance is a critical part of your monthly business investments. There is a variety of business insurance that you can take out to protect yourself and your business from tragic outcomes. Personal body injury coverage If your business or operations causes any injury to another person, […]

What does it mean to be South African in today’s business space?

South African business bizcash South africa

As we head into Heritage Day week, we need to look into the details of what it means to be South African in today’s business climate. Being a proud Zaffer takes on so many traits, and we are renowned worldwide as being resilient, hard-working, and determined. It means we can face adversity right in the […]

Supporting SME’s to sustain the SA economy

Supporting SME's to spur growth of the SA Economy

At the start of the pandemic, the first SME businesses to start to collapse were the mom and pop stores. The businesses that supported a single household or family. Next on the list were the slightly larger companies, restaurants, salons, and service-based businesses. You only need to walk through a mall today to see the […]

Are you considering buying a franchise?

Are you considering buying a franchise?

Before you dive headfirst into buying a franchise, there are some key elements you need to consider. Do a sense check for compatibility. If you are not a night owl, buying into a restaurant that serves dinner will not suit you. Make sure that the business you enter into can fit your lifestyle. Study the […]

Lining up your family for your business succession plan

Lining up your family for your business succession plan Bizcash Business Finance

Not every family member wants to stay in the family business. Planning your business succession plan is critical to know if it will happen as expected. There can be options to sell the business if your family would instead not take it over. It is estimated that 70% of family-run businesses do not survive the […]

Setting up your business for a future sale

Bizcash business loans and finance. Sell your business

When you first set up a business, it may be out of necessity, or just a lifelong dream. The thought of what to do later on down the line is not a consideration at that point. For most small or family operation, the prospect of selling is usually only considered when you are about to […]

Save costs on non-essentials in your business

Save on costs. Bizcash shows you how

Looking where to save on costs is hard. We all know there are nice to have’s in your business. The frills and luxuries that make it all worthwhile. We are all recovering from lockdown and the pandemic impact on our businesses. Now there is a need to evaluate where we are spending our cash. Here […]

Using dashboards to help you manage your business better

Bizcash BI Dashborad

The aim of using a Business Intelligence (BI) dashboard is to help you make better business decisions. You can gather, consolidate and analyse your business data. When you see the data in a visually simple way, you simplify the analysis. When you use a dashboard for your analyses, it is easy to identify a trend […]

Improve your Customer Service with better insights into your own business

Bizcash Financial Solutions Customer Service

Understanding your business and improving customer service is what you need to focus on every day. As an entrepreneur or SME, spending money on financial systems is often not an option. Bizcash helps their customers understand their financial standing better than ever before. Partnering with Bizcash for a business loan or Selective Invoicing product, gives you access […]

How business partnerships can benefit your business

Bizcash business optimisation

2021 is the year to set up your business for success. It is also the year or collaborations and partnerships. There are some strategic factors of your business you can review to optimise your business. There are three main parts to your business: Key strategic elements The inner core of the business includes all the […]

Can a Covid-19 vaccine save your business?

Bizcash Covid-19 Vaccine

There are so many unanswered questions surrounding the Covid-19 vaccine. For the industries battling to open, restaurants, alcohol, and tourism can benefit vastly from the vaccine. The question on everyone’s lips right now is who gets to be in line for the vaccine first. If you can get it, should you? Who is in front […]

The Cost of the Black Market

Bizcash illicit trade black market

We are not referring to race but evaluating the cost of trading in illicit goods. Mainly because of lockdown restrictions, bribery, and nepotism. Family members will never hold you to task when you are employing them in business, corporate, or government. It is almost expected practice in Africa, where families run governments for decades. It […]

The impact of your credit score on your business

bizcash credit score

With Christmas around the corner and holidays on the horizon, you need to consider your credit score and plan your bill payments for the end of the month. For many, it is not a consideration until it is required, and sometimes that is too late. Individual and company credit scores are an essential aspect of […]

Finding various ways to fund your SME

Business Finance Bizcash

Understanding business finance options can be confusing. There are two main parts to financing small businesses. Equity Financing or Debt Financing There are some common ways you can fund your business: Personal Investment, Angel Investors, Government Assistance, Commercial Bank Loans, Financial Bootstrapping, or Buyouts. Venture Capital and Angel Investors seem to be a romantic solution […]

Bizcash’s agility helps its customers in tough times with reduced fees

Bizcash Reducing fees

In an environment where companies are increasing prices to save their businesses and cover the shortfall that the Covid-19 pandemic had on their operations and cash flow, Bizcash was hard at work to ensure that their clients could be reducing costs. It is not very often that you find business finance companies reducing rates and […]

Good Debt vs. Bad Debt

Bizcash Invoice Discounting

When is debt good for your business, and when is it bad for your business? These are questions that you should be asking. The answers are what successful business owners already know. Bad Debt As in your personal capacity, if you incur debt, it is considered bad debt. These can take the form of a credit […]

Don’t wait too long to seek finance for your SME

Bizcash Business Finance

One of the biggest mistakes small businesses make is waiting too long to apply for additional finance for their business or operation. Staying on top of your cash flow is an essential part of running the business successfully and critcal in growing the company. If you wait until you really need the money, you can […]

The Importance of separating your personal and business finances

bizcash business and personal finance

Keeping your personal and business expenses and finances separate when starting a business is essential to how your company operates and how it is perceived by the corporate world when you are looking to finance or sell your business. Keeping your assets shielded from any business claims is imperative; otherwise, you may lose everything if […]