Archive for the
‘Enterprise Development’ Category

Fostering Inclusive Growth Enterprise development stands as a cornerstone for fostering inclusive economic growth, particularly in a nation like South Africa, where historical disparities have left lasting imbalances. The commitment to inclusivity transcends mere philanthropy; it represents a strategic investment in building a harmonious society that lays the groundwork for sustainable business growth.   In […]

A Comprehensive Guide to Enterprise Development on the B-BBEE Scorecard   In today’s fast-paced business landscape, it is essential for companies to understand and implement Enterprise Development initiatives as part of their overall B-BBEE strategy. The B-BBEE Scorecard provides a framework for measuring and evaluating a company’s commitment to the economic empowerment of historically disadvantaged […]

Enterprise Development in South Africa: The Ultimate Guide in 2023 South Africa has long been regarded as a country with immense potential in terms of enterprise development. With its rich natural resources and diverse population, it offers a plethora of opportunities for entrepreneurs and businesses alike. In this comprehensive guide, we will explore the current […]

Get the entire business to buy into your growth strategy Growth is a top priority for most businesses, but achieving that growth requires a cohesive and unified strategy that is understood and supported by all stakeholders. Whether you are a small startup or a large enterprise, getting everyone in the organization on board with your […]

Change the world through Enterprise Development Enterprise development is a powerful tool for creating positive change in the world. By supporting the growth and success of businesses, enterprise development can help to alleviate poverty, promote economic growth, and create jobs. Here are some ways that enterprise development can help change the world:   Job Creation: [...]
Combining Enterprise Development and ESG There are quite a number of enterprise development hubs, accelarators and incubators out there. Guqula Business Development is focussed on ED, but we aim to combine it with ESG to ensure sustainable growth and the sustainability of the planet.  Below is a summary of the benefits of combining ED and [...]
In-house versus outsourced accelerator? The debate about in-house enterprise development rather than an outsourced solution is always in the air. Strong opinions for and against utilizing an accelerator can be made, as there are differing objectives, advantages and disadvantages to each. Different names for the vehicle that houses enterprise development exist, to name a few: [...]
Why would my company take part in Enterprise Development? Yes, it is a point-generating exercise for B-BBEE purposes and certification, but the advantage outperforms the cost and effort by miles. At Guqula Business Development we not only ensure that you have a smooth B-BBEE process, but we ensure that you get full value for marketing [...]
The Cost of Enterprise Development In terms if the codes of good practice, as well as the sector codes that go with it, the cost related to enterprise development is based on a factor of net profit after taxation for the year. The percentage used per sector is as follows: Sector Percentage of NPAT Generic [...]
The Enterprise Development Difference Enterprise development is a product of B-BBEE to ensure that black businesses get the necessary support and funding to enable growth. Apart from this, the intention from government is clear as they have set up several support structures, amongst other: Department of small business developmentSmall Enterprise Funding AgencyNational Youth Development Agency [...]