Saturday, 12 May 2012

Surviving-Assess our Capacity

To the Team SME Owners and Entrepreneurs in South Africa.

Is it important to know our capacity level and can we improve our capacity, you be the judge.

Lets start with what the dictionary definition of capacity is,
               -power of holding
               -absorbing or grasping
               -power of mind
When we look at a business in terms of capacity we look at,
                -financial capacity
                -resource capacity
                -production capacity
                -technology capacity
So what about our Personal Capacity, some business owners can grow their capacity as their businesses grow, in my experience they may need help in this area, is this a contributing factor for the business to fail, hard to know, not much stats, but with 15 years consulting to and coaching Sme businesses I have a good feel.Personal Capacity is very important.

I was in a meeting recently, it was said that 40000 businesses in SA closed in 2011 seems alot, I also read an interview given by Zweli Manyathi SBSA director of Mid Corporate and business banking,in the magazines Signature, a great mag and read, Approximately 67% of start up businesses fail and as much as 70% of the employed population is found in SME, makes one think.

Till next time may the Force be with you-I am your silent partner helping you work on your business


Guy Daines                   You may also want to check out
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