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Consultancy Question: Certifications in Microsoft Office |
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 Reader Erna recently sent us a question asking how to start her own training company in Microsoft Office. She wanted to know if it was possible to give diploma's out to her students so that they could use those skills in the working world.
Here at FirstStep.co.za we got onto this issue right away and here is what we found:
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Starting a business is a complicated affair. The worst part of this is actually getting the capital together to get the company off the ground. Lets face it, you need money to make money. All the banks in South Africa provide business loans so you can try any of these. The problem here is that they need to be sure that you will be able to make enough money out of your business to pay them back. Take this example. When applying for a business loan at Standard Bank you need to provide the usual letter of intent, business proposal which includes a detailed financial plan and all the other necessary paperwork. On top of this you have to show evidence that your business is active. Here you need to supply the bank with references from some of your existing clients. This reference needs to state that you have supplied a service to these clients.
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Regarding help with a business plan (BP) it’s an extremely easy process. Most start-up businesses use what is known as a template to get the ball rolling. A template business plan allows an individual to use a structured layout that consists of relevant headings and sections. However you may need to remove or may have to add your own sections and headings to the BP, this allows you to customise the BP to the needs of your business.
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I want to start my own company |
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Over the last few weeks FirstStep has been asked by a number of users on how to start their own business and make it a success. These are some of the toughest questions that have come our way so far! Starting a business at first can be the most painful and trying experience of your life however it can definitely be the most rewarding experience. It all depends on a number of things, one your commitment to your idea and two your ability to convert that idea into working product or business.With regards to the questions asked about starting a business, each question was targeted at specific industries, so it’s now our task to answer the question in way that would cover or qualify for all types of industries. So we are going to break it up into points so it gives a more lucid description:
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