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Helpful Steps to Follow When Starting a Business !!

How do you start your own business?

1. Go online to the website of CIPC and register a new company for R175, registration is R125 and the name is R50.

- Go to your nearest internet cafe with your certified ID copy in USB, have an active email address or use your smartphone.

The money you will deposit via their bank details found on the website.

They will do BBBEE for you for free and all other business documents.

2. Go to SARS, do a tax clearance for free.

3. Go to FNB do a business bank account for R500. Or ABSA they even have R250 option.

4. Go to your nearest Seda ask them to do a business plan for you, for free. Plus other trainings that might be relevant to your field.

5. Go online, registered on the CSD, for free.

6. Go to your municipality and ask them to register you on their database as a supplier, for free.

7. Go to your nearest NYDA, attend their financial management short course for a minimum of 5 weeks (once a week), for free.

8. Apply for the NYDA funding for free. They can give you equipment of up to R50 000, for free.

You don't pay it back.

9. Hire people and register for COIDA, Letter of good standing at the Department of Labour.

10. Do your business and upgrade it with marketing and branding.

Logos, Letterhead, business email, website, landline. software of

11. Apply for tenders.

12. Live in financial freedom.

13. Don't give up and don't lose focus.

14. For those that are intrested in chicken farming, you can get free chicken farming books and tutorials on this website ==> www.mnelisi.com

- This does not come easy but it's attainable.

It just need a good business idea. A business idea is simple.

Check what is trending. What is your passion. What are your soft skills. What is a problem that needs a solution in your area. What is it that you've studied or anything can be business.

Have a timeline. When do I do what, when do I do what and follow it.

Don't postpone.

Companies that offer loans and grants for small businesses goto my website www.mnelisi.com

Edit: Siya Morris

Great post Mnelisi, just to add SEDA also offer a cost sharing for marketing and branding material for your company. In developing or framing your business idea make sure you also follow this steps:

- use the business canvas model which is freely available on line it assists when one wants to develop a viable business model.

- value chain your business idea using your SWOT analysis

- work on your capability statement and or proof of concept

Edit 2: Lesenyeho Mayweather Ke Malefetsane
But u forgot to mention to also register your business on www.bizportal.gov.za for UIF and affordable business account and lot of things check it out.😎

Edit 3:
Gladys Ngwane Maglad Ngwane To add on your list those who are around Gauteng the treasury department is running free TENDERING AND COSTING workshops every Wednsdays from 9-13h00 at 75 Fox street IMBUMBA HOUSE

Edit 4: If you need a website or an app for your business, contact him, he has more than 10 years experience 074 769 3829

Edit 5: If you want to get into farming, search my group 'Yebo Farming'

Regards
Mnelisi, The first Rapper from South Afric

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