As an entrepreneurial audit firm of like-minded
professionals, MMS aims to connect with, understand and solve any
entrepreneurial client’s business needs. As entrepreneurs ourselves, we
understand fellow entrepreneurs very well.
The importance of entrepreneurs, SMME’s and small businesses to the
community and economy should never be underestimated – it is this sector that
Government is looking to as a catalyst in solving South Africa’s unemployment
challenges in years to come.
We believe that each entrepreneur should be treated
as an individual and not seen with ‘cookie-cutter’ business eyes. In order to nurture
growing businesses or start-ups, entrepreneurs need support from not only the
government but various business sectors in South Africa.
In an effort to inspire entrepreneurs, the MMS Group have compiled this list of tips:
- Never lose sight of who you are
Stay true to who you are and what you want to achieve.
- Embrace hard work and determination
A start-up is never an easy road, there will be limitations and obstacles to
overcome, stay focused on the end goal – the hard work will pay off.
- Failure is part of success
Do not despair if you fail or fail repeatedly, as long as you learn from your
mistakes, success is within reach.
- Do not be afraid to ask for help
Find a mentor you look up to who can give you insight and put things into
perspective when you need it most.
- Choose your team carefully
Whether you are choosing your auditors, service providers or hiring employees –
ensure everyone shares your vision or at least understands it.
- Grow a thick skin
Being an entrepreneur is tough – don’t take setbacks
personally and work on a strong and disciplined business acumen.
Entrepreneurial myths debunked
A recent study by the UCT Graduate School of
Business researched the The Duchess’ success story as a case study and
this is what they found:
- All you need is a good idea
Although a good idea will go a long way in terms of success, a refined and
calculated business and marketing plan will be the indicator of success.
- Launch your business and the people
Sitting back and waiting for business to come in is a mistake, take your
product to your target market and choose your market mindfully.
- Experience is needed in the market
you are dabbling in
You need experience in the field you are penetrating, you will need to
understand how your industry works and how to leverage that to your advantage.
When you have entered the entrepreneurial market, choose the MMS Group as your partners in auditing, accounting, tax and advisory services. We understand and embrace the spirit of entrepreneurship. Visit our website for further information, alternatively contact us on 011 672 0020 / 021 300 4089 or email us at email@example.com.