Business Coaching and Mentoring

Business Coaching and Mentoring Aim to Provide the Skills to Help You Launch Your Business Idea

Business coaching and mentoring are critical if SMMEs are to succeed and our business incubator offers assistance to help small ventures reach the stage where they are profitably exploiting market opportunities.  Among others, our incubation model incorporates various business development stages, including:

• virtual incubation
• early-start incubation
• full tenancy incubation
• concept phase, where the venture still has no track record
• development phase, where the venture is actively trading and building a track record

Coaching Professionals to Help your Venture Grow

We offer several business coaching and mentoring alternatives, from training courses to hands-on assistance in getting your venture off the ground.  Many small businesses fall foul to the same pitfalls and these can be avoided if you have a partner to help you navigate the treacherous waters of building a small business up to a commercial success.  These are some of the problems facing most upstarts:

• A lack of skills: you simply do not have the skills to run a successful business.
• Time management: too much to do and too little time for it?
• Personnel: you do not have the right human resources and staff training is a headache.
• Contacts: you need networking opportunities to meet the right people and gain access to experienced professionals.
• Support: you need business, operational and decision-making support.

Why Do You Need Business Coaching and Monitoring?

The reasons why you need help building your business are really very simple:

• You need to make money.  If your business does not make a profit, it is not commercially viable and it cannot grow.
• You have to improve productivity.  Increased productivity means better returns and bigger margins – and the opportunity to grow and expand.
• Cutting costs.  Any means that can save you money will positively influence your bottom line, but you need to learn to work smarter, not harder, to improve those profits.
• Better customer service.  If you are better at identifying customer needs and serving them effectively, you will retain existing ones and win new ones.
• Relationships.  For your business to thrive, you have to optimise all your relationships, whether it is between you and your customers, between your staff members or between your business partners.

Benefiting From Our Key Services

Besides the business coaching and mentoring you will receive while your business is being built in our Incubator, you will also start to immediately reap the benefits of our key services:

• Reduce your capital investment in non-productive assets: we can provide you with office space and a professional image and credibility, so you can spend your hard-earned money on developing your products and markets instead of office furniture.
• Reducing running costs: you share resources like reception staff, Internet, conference and meeting rooms and audiovisual equipment to lower your capital investment requirements.
• Accessing financing and customers: by leveraging our strong reputation and connections.
• Speeding up business building: advice and coaching speeds up the path to success.

In view of all these benefits, it is clear to see why so few small businesses succeed without business coaching and mentoring.