How we can help small companies grow into bigger businesses

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Opinion | How we can help small companies grow into bigger businesses

Solving the unemployment crisis by teaching people to be entrepreneurial feels like resolving the National Health Insurance debate by teaching people to be healthy.It is true that more jobs are created by new small businesses than by any other means. Entrepreneurs create jobs by creating businesses, while most bigger businesses, at best, maintain their levels of employment. We should be doing all we can to encourage and equip people to start businesses.

In one sense, that is excellent news. In the recent past, young people aspired to enter government or a big company, so anyone who has travelled in our continent has seen that SA has a far smaller ecosystem of thriving independent small businesses than the rest of Africa. That works about as well as taking my illness to an administrator rather than a doctor — or taking my insurance application to a doctor, instead of an administrator.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🇿🇦😊 Finally some useful news

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines