WEBINAR | Reignite your business in the new economy

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On Sept 22, join Pavlo Phitidis and a panel of turnaround experts in the final episode of the four-part Standard Bank SME Summit online series on how to develop a growth strategy and access the funding to bring it to life.

Learn how to develop a growth strategy and access the funding to bring it to life in part four of the Standard Bank SME Summit. Picture: PEXELS/PIXABAY

If time waits for no man — and if perfect timing doesn’t actually exist — then there is no time like the present to get a business back up and running, even when times are tough. In times of crisis, while the tendency to procrastinate might be overwhelming, there are still ways to kick-start a business and position it to be more relevant and successful.

Deenash Pillay, head of Enterprise Direct Propositions at Standard Bank, believes that while there are certain aspects of entrepreneurial life which may feel insurmountable, there are numerous avenues for business owners to find support as they pivot their businesses. “It’s been a particularly challenging past 18 months — especially for small business owners — but the growth and recovery of the SA economy depends on the resilience and determination of the SME sector,” says Pillay. “It’s been the motivation for ouronline series which aims to create a road map for entrepreneurs — not only from a strategy and business plan perspective but from a psychological perspective as well.

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