Business advice

Business advice

How to estimate your start-up costs

Business advice

When starting your own business, you don’t need millions to make millions. The Big Blue retail chain started as a flea market stall, while billion rand sport supplement business USN was launched from a kitchen.What you do need is a clear picture of the costs of doing business so you don’t experience cash flow problems later on. We help you work out your start-up budget to help keep you on track.


 Advice on running a successful business

Business advice

Advice on running a successful business

Running a small business in South Africa remains an exciting adventure. A 2016 study* found that small business is actually big business for our country: it is estimated that start-ups contribute between 52% and 61% to the GDP.

Holiday season risks for retail businesses

Business advice

Holiday season risks for retail businesses

Is your retail business ready for the silly season? We’ve put together a guide on some of the risks shop and restaurant owners should brace themselves for over the festive season. Work through it, make the necessary preparations and speak to your broker if you have any concerns about your insurance cover.

Keep your retail premises safe this festive season

Business advice

Keep your retail premises safe this festive season

The festive season means booming business for retailers but also an increase in crime and freak accidents. Take the time to run through our checklist and inspect your building from top to bottom before the silly season begins.

Entrepreneurs: how to balance work and play

Business advice

Entrepreneurs: how to balance work and play

New business owners have to make a lot of sacrifices. Find out what most entrepreneurs give up and steps you can take to find the right work-life balance.

Get the right insurance for your small business

Business advice

Get the right insurance for your small business

Insurance is essential to protect your business assets and finances, but many business owners view it as a complicated and expensive responsibility.

Starting a business from home? Here's what you need to know about home-based business insurance

Business advice

Starting a business from home? Here's what you need to know about home-based business insurance

South African research shows that 43% of start-up business owners prefer to work from home. But would you be able to claim from your insurer if you are burgled or a fire destroys all your work material?

4 Challenges start-ups face and how to deal with them

Business advice

4 Challenges start-ups face and how to deal with them

Challenges arise in any business. Read our entrepreneurial tips to learn how to use these experiences as an opportunity to grow.

Tips for Entrepreneurs: Make the most of a mentor

Business advice

Tips for Entrepreneurs: Make the most of a mentor

We’ve outlined some tips on finding a mentor, and making the most of a mentorship opportunity.

Small business planning: How and why

Business advice

Small business planning: How and why

According to the Santam start-up survey conducted on over 600 South African entrepreneurs, most small businesses said pre-planning took less than 6 months and that finances were the biggest challenge in this start up period.

Checklist for insuring your home-based business

Business advice

Checklist for insuring your home-based business

Use our tips to see if it’s time to get business insurance for your venture to protect yourself from damages and liability.

Cost-saving ideas for your small business

Business advice

Cost-saving ideas for your small business

How successful small businesses save on overheads and expenses – tips and tricks to try.

How to build a passionate team

Business advice

How to build a passionate team

Looking to grow your small business? Read this blog post for tips on finding people who are as passionate about your start-up as you are.

How your business can cope with water restrictions

Business advice

How your business can cope with water restrictions

Keep customers happy and save water? These water saving hacks will help your small business

5 Traits of successful entrepreneurs

Business advice

5 Traits of successful entrepreneurs

In the Santam Start-up Survey, we spoke to 606 South African entrepreneurs who identified the following characteristics as being the most important to reach success:

Grow your business with the right partner – here’s how

Business advice

Grow your business with the right partner – here’s how

Need a business partner but don’t know where to start? Here are tips to find your perfect match.

The pros and cons of getting a business partner

Business advice

The pros and cons of getting a business partner

Want to grow your business? Here are the pros and cons of sharing your venture with a business partner.

Collaborate and grow: how and why you should team up with other entrepreneurs

Business advice

Collaborate and grow: how and why you should team up with other entrepreneurs

Often, the best way to get ahead of the competition is to team up with like-minded entrepreneurs. We look at the benefits of collaboration and how to find your perfect match.

Holiday safety checklist

Business advice

Holiday safety checklist

If you are closing your business over the festive season, there are certain security precautions you would be well advised to implement to ensure the safety of your business while you are away.

How to avoid the common pitfalls of business interruption cover

Business advice

How to avoid the common pitfalls of business interruption cover

For business clients, an underinsurance shortfall can be disastrous. We have identified three of the most common pitfalls to watch out for.

Keeping your business safe over the festive season

Business advice

Keeping your business safe over the festive season

This December, make sure your business is protected and prepared for any potential criminal attacks.

Where and how to network in South Africa

Business advice

Where and how to network in South Africa

American entrepreneur Armstrong Williams once said that networking is an essential part of building wealth. For a small business owner, networking can also be a source of support, fresh ideas and new business opportunities.

How to avoid cybercrime and fraud in your business

Business advice

How to avoid cybercrime and fraud in your business

As a small business owner, you have your hands full. Unfortunately, criminals rely on you being too busy to notice suspicious activity. Therefore, you have to arm yourself with the facts to protect your business against physical threats – e.g. access controls to avoid unauthorised entry into your premises – as well as cyber risks – where fraudsters are trying to lure you into revealing sensitive information. Here is Santam’s advice on how to avoid fraud in your small business.

Facing challenges: Lessons from our 1001 days entrepreneurs

Business advice

Facing challenges: Lessons from our 1001 days entrepreneurs

As many of our 1001 days survivors can attest, starting a business is both a wonderfully rewarding and challenging experience. It can be hard to keep your head above water, which is why statistically very few entrepreneurs survive past 1000 days (three years). Santam has been profiling diverse businesses over the last year to bring you practical advice on making it to 1001 days. Read each story here.

Spring clean your business insurance: our experts give their advice

Business advice

Spring clean your business insurance: our experts give their advice

Every year, your contract with your short-term insurance company is automatically renewed. More often than not, your business insurance contract simply ‘ticks over’ without your having checked whether your business has either too much or too little cover in place.

Running a cab service? Here’s what you need to know about passenger liability cover.

Business advice

Running a cab service? Here’s what you need to know about passenger liability cover.

Whether you operate a taxi service for large or small groups of passengers, you may have wondered how your insurance will protect you if, for example, one of your vehicles is involved in an accident and their passengers are injured.

The why and how of going green in your business

Business advice

The why and how of going green in your business

Can going green save your business money? We look at reasons to embrace energy saving.

Taking the plunge: tips from 1001 days entrepreneurs on starting a business

Business advice

Taking the plunge: tips from 1001 days entrepreneurs on starting a business

Starting a business is an exhilarating and rewarding experience for budding entrepreneurs, however it can also be a daunting time. Statistically, very few entrepreneurs survive past 1000 days (three years). Santam has been profiling diverse businesses over the past few months to bring you practical advice on making it to 1001 days.

Useful apps for small business owners

Business advice

Useful apps for small business owners

As a small business owner, time is everything and budgets are no doubt always tight. Your smartphone or tablet is probably at your side 24 hours a day, which is why apps are becoming one of an entrepreneur’s best time and money saving tools.

Underinsurance is a challenge for the South African business sector

Business advice

Underinsurance is a challenge for the South African business sector

The South African commercial sector is traditionally underinsured, and it gets worse during hard economic times.

Cash business? Make sure you have the right insurance cover

Business advice

Cash business? Make sure you have the right insurance cover

“Money is king” is a saying that still rings true especially for small businesses. But having a lot of cash on your premises increases your risk of armed robberies and burglaries. There are however, a number of ways in which you can protect yourself.

Reduce your business' risk and save on insurance premiums

Business advice

Reduce your business' risk and save on insurance premiums

There is little doubt that you are running your business in a climate where cost management is everything, which is why reducing your business’ exposure to risk makes good sense. Not only will it help make sure your business keeps running, you could save on your monthly business insurance premiums.

Protect your business this Winter

Business advice

Protect your business this Winter

South Africa is preparing for a spate of cold fronts in the next few weeks and business owners would do well to ensure they are adequately protected against the consequences of adverse winter conditions.

The importance of business interruption cover for SME’s

Business advice

The importance of business interruption cover for SME’s

The journey through the first 3 years, or 1001 days of a start-up business is a mix of good and bad days. To make it through the bad ones – the days when delivery vans crash or stock gets stolen – you need an insurer that understands the importance of keeping your business in business.

1 001 Days by Explosive Functional Fitness

Business advice

1 001 Days by Explosive Functional Fitness

The first 3 years, or 1001 days, are the hardest for any business, with the majority never reaching their third business anniversary. We talked to Garth Hendricks about his journey from being a personal trainer to owning a booming indoor boot camp business, which he dreams of franchising in the next few years.

The business of load shedding

Business advice

The business of load shedding

As the reality of load shedding hits South Africa, business owners who understand exactly what they’re covered for, could be better off.

The small business owner’s guide to surviving load shedding

Business advice

The small business owner’s guide to surviving load shedding

We’ve put together some practical advice which can help lighten the impact of load shedding on your business.

1 001 Days by Benger

Business advice

1 001 Days by Benger

The first 1000 days of business is a challenging time for most start-ups, with the majority never reaching their third business anniversary. We interviewed four diverse companies who surpassed this milestone and now share their insights with fellow entrepreneurs.

1 001 Days of business for Dineplan

Business advice

1 001 Days of business for Dineplan

The first 1000 days of business are make or break for entrepreneurs. In this infographic, we take a look at the business highs and lows of Martin Rose, owner of digital reservation service, Dineplan, and share his insights.

1 001 Days of business by So We Too

Business advice

1 001 Days of business by So We Too

It can be challenging to make it through the first 1000 days of business - just ask Raymond Rampolokeng, one of the co-founders of SO WE TOO - a cooperative of seven enterprising tourism operators in Soweto. We sat down with this bird watching extraordinaire to learn more about his business journey and share his ultimate survival tips.

1 001 Days of business by Jesse James

Business advice

1 001 Days of business by Jesse James

The first 1000 days of business are make or break for entrepreneurs. Statistically, very few companies survive the first 1000 days (3 years) of business so we sat down with 3 very diverse businesses to get their advice on how to get to day 1001.

What does it take to survive your first 1000 days as a start-up business?

Business advice

What does it take to survive your first 1000 days as a start-up business?

From statistics, we know that the first 1000 days are the most challenging for small businesses. Over the next few months, we will be sharing the stories of those that made it past this important milestone and how they did it. We hope that by letting these entrepreneurs tell us what they went through and how they survived it, we will help more local businesses pass this important milestone.

Guest house insurance: what you need to know

Business advice

Guest house insurance: what you need to know

Whether you’re a guest house or small bed and breakfast owner, Santam can offer you the type of insurance that will cover most eventualities.

Top risk tips for small businesses in south africa

Business advice

Top risk tips for small businesses in south africa

We’ve looked at Santam’s list of claims from South African businesses over the past few years and give you a few practical tips to consider in the future.

Managing your business’ risk

Business advice

Managing your business’ risk

Running a small business in South Africa. That is why we’ve identified some of forms of risk facing South African small businesses specifically as well as some practical tips to help you manage those risks.

The common cold of our time

Business advice

The common cold of our time

Useful safety tips on how to ensure that you reduce the risk of cyber fraud and hacking. Read more about online security threats, password protection.

Easy ways to back up your data

Business advice

Easy ways to back up your data

The risks of not backing up data are much greater than most business owners realise, Santam Information Security Officer, Andre Nel tells us more.

You have survived 1 001 days, now share your story with us

Business advice

You have survived 1 001 days, now share your story with us

They say that the first 3 years of business are make or break for an entrepreneur. Like a relationship, this is the time in which you really get to know what works for your business. If you have made it through the ups and downs of these crucial years, we would like to hear more about your business journey

3 ways to introduce innovative thinking in your small business

Business advice

3 ways to introduce innovative thinking in your small business

In today’s world, where consumers have a myriad of options available, you have to position your business as a leader in innovative thinking in order to grow and most importantly, stay in business. How do you do that?

The 5 W s and 1 H of marketing your business

Business advice

The 5 W s and 1 H of marketing your business

These days, you don't need a whopping ad budget to have an effective marketing plan. Not sure where to even start? These 5 W's and 1 H should help you take the first steps in marketing your business

Business advice from the small business growth conference

Business advice

Business advice from the small business growth conference

The Small Business Growth Conference, held in March at the CTICC, brought together small business owners for advice from some of the best small business experts in the country.

How to do business in other countries

Business advice

How to do business in other countries

Sunel Beeselaar discusses what businesses need to consider when working across borders. She gives advice and tips on what to watch out for when considering doing business in another country.

Growing a business through learning

Business advice

Growing a business through learning

Sibulele Siko-Shosha talks about the biggest lesson she learned through starting and growing her business and shares her insights on understanding business processes and systems in order to build a successful business.

The biggest problems entrepreneurs face

Business advice

The biggest problems entrepreneurs face

David Seinker explains why attempting to succeed as a one-man band is one the biggest problems faced by entrepreneurs in South Africa.

Managing excessive sick leave

Business advice

Managing excessive sick leave

Gerrie van der Watt is passionate about assisting businesses in overcoming internal workflow challenges and implementing healthy work practices.

The key to small business marketing

Business advice

The key to small business marketing

Mike Joubert shares practical insights on how to focus on developing a sustainable business offering in a highly competitive market environment.

Overcoming obstacles to move ahead

Business advice

Overcoming obstacles to move ahead

Catherine Wijnberg discusses an entrepreneur’s biggest obstacle and gives insights into how to overcome these roadblocks.

5 ways to create an effective website for your small business.

Business advice

5 ways to create an effective website for your small business.

Remember the days when you only had to worry about getting a spot in the latest Yellow Pages to promote your business? Nowadays, being without a business website is not really an option.

Four essential business lessons from the small business growth conference

Business advice

Four essential business lessons from the small business growth conference

The Small Business Growth Conference, held in March at the CTICC, brought together small business owners for advice from some of the best small business experts in the country. The focus? Exploring the key areas small businesses need to invest in to grow their busines

5 steps to take when writing a business marketing plan

Business advice

5 steps to take when writing a business marketing plan

A product or business is only as good as its marketing plan. In order to attract and retain customers, your business needs a marketing plan. People are unlikely to stumble across your business, if they don’t know who you are, what you’re selling or offering, or who to look for online. So, how do you approach writing a business marketing plan? Take a look at the infographic.

How to comply with the CPA to keep your business safe

Business advice

How to comply with the CPA to keep your business safe

8 things your small business should be doing to comply with the Consumer Protection Act.

How sme’s can manage debt effectively

Business advice

How sme’s can manage debt effectively

Each month we are inviting a Guest Expert to give us tips and advice that is helpful to SME owners. This month we have Kelebogile Mooketsi, a registered and accredited Debt Counsellor.

Is your biggest challenge your biggest opportunity?

Business advice

Is your biggest challenge your biggest opportunity?

Santam has brought together an expert panel of some of South Africa’s most successful entrepreneurs to share their best business insights. Meet Jody, Luvuyo and Pumeza.

Funding your business in tough economic times

Business advice

Funding your business in tough economic times

Three South African Entrepreneurs share how they went about securing funding and entered into partnerships to save money and grow their businesses.

Miss Milli B shares her insights

Business advice

Miss Milli B shares her insights

Each month we are inviting a successful business mind to share insights and advice helpful to SME owners. This month we have Miss Milli B - blogger, writer, trend consultant www.missmillib.blogspot.com.

Q and A with guest editor: Sizwe Nzima – on the challenges facing SME’s

Business advice

Q and A with guest editor: Sizwe Nzima – on the challenges facing SME’s

Each month Santam for Business invites a successful SME owner to share their advice and insights on managing risk and growing a business. This month we interviewed Sizwe Nzima and asked for his SME advice and tips on business risk management.

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