Small Business Focus

Small business owners (and would-be entrepreneurs) ask and get answers

(Click here for more articles from this "Small Business Focus" feature.)

The Money Show’s Bruce Whitfield interviewed Pavlo Phitidis, Director and CEO of the Aurik Business Incubator, who presented what he called “the great big fat small business indaba”.

Phitidis took questions from small business owners.

One example; a listener called “Judy” who runs a small school transport business in the Krugersdorp, Ruimsig and Little Falls area.

Together with other similar transport businesses in the West Rand they started a WhattsApp forum to help each other out either with leads or if one of them breaks down or has a problem.

The forum works well and Judy shared her story and her concerns.

Scroll down to listen to the audio.

Learn about ‘bootstrapping’ if you don’t have money to start a business.

Pavlo Phitids, Aurik Business Incubator

Failure is a certainty in business.

Pavlo Phitids, Aurik Business Incubator

If you want to build a mountain, start by lifting a stone.

Pavlo Phitids, Aurik Business Incubator

New entrants often come in on price. However, the price proposition never lasts! You must differentiate your product or service.

Pavlo Phitids, Aurik Business Incubator

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This article first appeared on 702 : Small business owners (and would-be entrepreneurs) ask and get answers


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