Business owners receive a helping hand from Economic Development Department

(KRAAIFONTEIN) – The City’s economic development department has been helping small and medium business owners to start up their businesses and guide owners to ensure their businesses are sustainable.

GOOD NEWS: Business owners attending micro-enterprise workshop

IOL  reports that, a micro-enterprise workshop was held on Wednesday May 25 in Kraaifontein. The session attracted 50 micro-enterprise owners, who posed questions on the challenges they face.

According to mayoral committee member for tourism, events and economic development, Garreth Bloor, many start-up businesses tend to fail due to a lack of knowledge on the part of the business owner, or a lack of support from business people who have “risen through the ranks” and learnt how to manage and grow their businesses effectively.

At the workshop, the discussion focused on how to successfully manage business finances, alternative payment methods and how to register on the City’s vendor database to do business with the City, among a number of other general business management questions.

For the full story read here: IOL News