Category Banking

Nedbank helps puts small businesses on the road to success

09 September 2010 Nedbank

Entrepreneurship in South Africa is about to get a boost thanks to the collaborative efforts of Nedbank Small Business Services and etv.

Fix My Biz’ is a new, business-focused reality television series that documents the challenges facing a number of small businesses, and through the expert knowledge of consultants, provides entrepreneurs with practical advice to address their challenges.

According to Sibongiseni Ngundze, Managing Executive of Nedbank Small Business Services, the bank's involvement in the series forms part of its ongoing commitment to the development of South African enterprises, in particular small-sized businesses.

‘Nedbank has long recognised that entrepreneurship is the foundation for future financial prosperity and a key source of job creation, and for these reasons SME’s have a key role to play in the sustainable development of our country's economy,’ he explains, ‘Fix My Biz represents an innovative way for Nedbank Small Business Services to contribute to the growth and success of this vital South African business sector.’

The fact that Fix My Biz portrays real businesses that are experiencing real challenges faced by the majority of small businesses, makes the series so unique and valuable.

‘By getting to the heart of these businesses and offering practical advice and guidance on how to address the issues they are facing, Nedbank Small Business Services is effectively extending the services of experienced business consultants to all South African business owners, which should prove invaluable to any aspirant, new or experienced business owners and entrepreneurs,’ he says.

The first season, which will showcase 13 businesses, will follow the development of each business as the team of business consultants advises them on issues ranging from marketing, branding and production optimisation to effective fleet control, workplace ergonomics and financial management techniques.

‘While each episode of Fix My Biz focuses on the challenges of an individual business, the practical advice will be of immense value to any other South African small enterprise as the tools provided via the show will equip entrepreneurs not only to overcome their own immediate business challenges, but also to position themselves for sustainable success and long-term profitability,’ concludes Ngundze.

Over and above this tv series, Nedbank Small Business Services will be launching an online portal giving small business owners and aspirant entrepreneurs a credible platform from which to network and obtain valuable information pertinent to their sector.

The show will be aired on etv at 17h30 commencing Wednesday, 15 September, with a repeat on Saturday, at 13h30.

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