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How To Keep Your Eye On The Prize

Sustainable business growth – the objective for social entrepreneurs eyeing global markets.

Chivas

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Being an entrepreneur and building a business that meets the needs of people looking for products to enhance their lives, doesn’t mean that you don’t have to be competitive, disciplined and have the business skills required to take your business to new heights.

In fact, says Chivas Regal, these are the basic requirements for anyone who is intent on entering the world of social entrepreneurship.

This is according to Shelley Reeves, Marketing Manager: Scotch Whisky at Chivas Regal South Africa, the company that sponsors the global Chivas Regal The Venture competition.

Social entrepreneurs from 27 countries have earned the right to pitch their business solutions aimed at benefitting society to an expert panel in New York and compete for a portion of US$ 1 000 000 in funding.

Related: Local Is Lekker Winning With Chivas And The Venture

“When they return home, all these entrepreneurs, will have to concentrate on growing their businesses so that they are sustainable and become the powerhouses that do good in the future,” explains Mrs Reeves.

“But keeping a business on track for growth means never taking your eyes off the ball,” she continues, adding that the following should be considered:

  • Stick to business basics and keep in place the business practices that got you going, as these are a solid base for future growth. Concentrate on quality, consistency and reliability.
  • Create an effective company mission statement that sets your intended direction and provides you with a framework to ensure that you can take advantage of changes in the market place as they occur. The key to growing a business is making sure that you constantly keep pace with market changes.
  • Focus on doing one thing excellently, rather than doing five things well. It is better to develop one product or service to its limits, than try and diversify and lose the focus on the product most valuable to the business.
  • Build relationships with suppliers and customers that last the distance. The ability to deliver high levels of service means working with suppliers to ensure that they give their best, so your customers can get the best you have to offer.
  • Create a productivity-based culture. Each team member must know what their jobs are, what their outputs should be and what they are accountable for. Looking at introducing incentives or bonuses for notable achievements will help keep people focused on performance. The ultimate aim is to build a workforce that enjoys what it does. This creates loyalty to the company, which benefits from a stable employee base and reduced staff turnover.
  • Develop opportunities from within the company. Promoting people from within boosts morale and stops them looking elsewhere – something crucial for a small company where skills are not easy to replace.

Related: Chivas Regal Wants You To Win the Right Way

social-entrepreneurship-Chivas

Always keep tabs on costs. Having funds available in order to grow production when money is needed is essential. Losing track of what is being spent within the company is the easiest way to stop growth in its tracks.

  • Ensure the systems and processes you use are the best possible and have the ability to grow with the company as it gears up. The better the company is organised, the more ready it will be to take advantage of opportunities as they arise.
  • Constantly know what your competitors are doing. Good market intelligence means that you can meet and defeat competition in the marketplace. Being aware helps build creative responses to business challenges and can spell the difference between success and failure.

“The best advice about growth is that it should always be a considered, controlled process. Runaway growth in a company means placing people, services and quality under stress. Growing too fast can land a business in hot water as easily as losing control of finances can. Resist explosive growth and keep developing steadily if you wish the business to be sustainable well into the future,” advises Mrs Reeves.

A sound strategy for the future for The Venture finalists looking to enter global markets – no doubt, advice that will be considered by all the 27 finalists in the competition.

Winning the lion’s share of the US$ 1 000 000 prize will undoubtedly go a long way in helping the fledgling SMEs achieve global success, but maintaining and developing that growth rests on the skills and continued hard work of the founders.

“To ensure future sustainability and growth, all business owners need to be able to recognise valuable opportunities when they come their way, and have the knowledge and skills to exploit them to full advantage,” concludes Mrs Reeves.

Chivas are looking for exceptional start-ups that use business innovatively to transform communities and solve global challenges. Whatever it is, if it's brilliant and can create real, positive change then Chivas want to hear from you.

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HP Launches New Ink Tank Printers For High-Volume Home Users

New HP DeskJet GT Series offer high quality printing at an extremely low cost-per-page.

HP

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HP Inc. unveiled the new HP DeskJet GT 5820All-in-One series targeted at high-volume home users looking for a wireless ink tank printer that never stops. This wireless all-in-one prints thousands of pages, all at an ultra-low cost-per-page. Our easy-access, spill-free refill system means no more mess, just exceptional quality and reliability for all your high-volume home printing needs.

“High volume home users are focused on efficiency and are constantly on the lookout for innovation that can reduce cost and minimise disruption to their work,” said Jane Geypen, HPS Category Manager for South Africa. “The new HP DeskJet GT series makes high-quality, reliable printing more affordable and wireless printing and ink refill easy and fuss-free.” 

Related: Why You Need To Be Using The HP GT 5820 In Your Business

Longer staying power, renowned quality

The HP DeskJet GT series prints up to 8,000 pages with a set of three HP colour bottles or up to 5,000 pages with a HP black ink bottle out of the box. Original HP inks are specially formulated to deliver sharp text, vibrant graphics and photos that are water and fading resistant, while also offering professional quality and borderless printing.

Replenishing ink is also clean and easy with HP’s innovative spill-free refill system. The bottles can simply be plugged into the tank without any squeezing required. You can also easily monitor ink levels with the transparent ink tanks.

Connect wirelessly and work from anywhere

The working environment today needs to be connected and wireless. The new HP DeskJet GT 5820 All-in-One printer makes it easy for you while working remotely to connect via a smartphone or tablets. The printer can be set up out of the box using just a mobile device. Even without a wireless network, Wi-Fi direct enables you to directly connect your printer to your mobile device at home.

Related: 3 Unique Paths To Improving Office Productivity

In addition, with the HP All-in-One Printer Remote app, you can quickly send scans to email or cloud storage through your mobile device. You can easily print from a variety of devices including iPhone® and iPad® using AirPrint™, or smartphones and tablets running Android™, Windows® 8, Windows® 10, and Google™ Chrome™ operating systems. 

Quick, easy setup

The HP DeskJet GT 5820 All-in-One comes with a set of three Original HP GT52 colour ink bottles, plus an Original HP GT51 black ink bottle, so you can set up fast and start printing right away. High-yield HP GT51/52 ink bottles are the perfect match for high-volume printing. Original HP inks are specially formulated to work with the all-in-one, and ensure that printing is simple and reliable, with amazing results every time.
More information about the new HP DeskJet GT 5820 All-in-One series is available at http://www8.hp.com/za/en/home.html 

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Why You Need To Be Using The HP GT 5820 In Your Business

Extremely low cost per page. Innovative high-quality printing. Everything you’ve come to expect from HP.

HP

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HP GT 5820

HP recently launched their GT 5820, this All-in-One printer is ideal for high-volume users or small- and micro-businesses who need low-cost, high-volume printing. If you need to be able to print on-the-go the GT 5820 can give you the freedom to print from your smartphone or tablet, the 5820 model offers easy mobile printing options.

No matter which model you choose, you’ll get:

  • Affordable high-volume printing
  • A clean, easy refill experience
  • Easy monitoring and maintenance, with minimal intervention
  • Consistent, high-quality results for everyday documents and photos
  • Borderless printing for brochures, flyers, photos, and more
  • Convenient, quality copying and scanning.

Higher stamina at a lower cost

The new and innovative GT 5820 can handle high-volume printing, affordably. It can print up to 8,000 pages (colour set) or 5,000 pages (black), with extremely low cost per page with high-volume printing. You can print thousands of pages with the new and improved high-capacity ink tanks, and whenever you want you simply add more ink.

Related: How To Make Better Business Decisions That Drive Productivity And Profits

User-friendly ink refill system

Restore ink levels with our easy-access, spill-free refill system. It will help you to improve your workflow with productivity features and print longer without having to replenish ink. Monitor ink levels with transparent ink tanks, and easily replenish whenever you like with Original HP high-yield ink bottles.

You can now avoid messy overflow as HP’s unique spout design prevents ink from filling past the tank’s maximum fill line. Simply plug the bottle into the ink tank and let it drain, no squeezing, no spilling.

Exceptional HP quality

With the GT 5820 you can print crisp, sharp text, vibrant graphics, and so much more. If you’re looking for consistent, professional-quality results try using the world’s No. 1 printer brand.

This all-in-one is designed and built to HP’s high standards for reliable, long-term use.

The GT 5820 will help you to produce standout everyday documents with sharper lines, darker blacks, and reduced smudging on ColorLok® papers. Rely on Original HP inks for durable colour photos that resist water and fading, and last for decades. You can be sure your projects always look great no matter what you print. Create borderless brochures, flyers, photos, and more, right in your office.

Get the features you need for work and other tasks, in this all-in-one, including copy and scan functions, so you can save time and accomplish more using just one device.

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4 Accounting Online Learning Courses From ACCA You Can Take For Free

We aim to provide you with the world’s best online courses in accountancy, finance and business, equipping you with the skills to start or supercharge your career.

ACCA

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ACCA-X is developed by ACCA (the Association of Chartered Certified Accountants), the world’s most forward-thinking professional accountancy body. Our online courses are hosted on the edX.org platform.

We aim to provide you with the world’s best online courses in accountancy, finance and business, equipping you with the skills to start or supercharge your career.

Our values:

We love accounting

We believe that high-quality accountancy tuition should be available to everyone. That’s why our introductory and intermediate online courses are free and can be accessed anytime, anywhere.

Related: Acca Launches Its New Tutor Excellence Programme

Being part of something bigger

At the heart of ACCA-X is our community of learners from all over the world. Our online community culture encourages collaboration and learners helping each other.

ACCA-X online learning programme offers the following free online courses:

These courses are 6 week long and ‘on-demand’ so you can start at any time you wish.

Do you have love and passion for Accounting? Do you want know how you can be part of something bigger?

Don’t hesitate to contact Linah on 011 459 1904 or email her on Linah.Thaba@accaglobal.com

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