How the Durban Business Fair and Business Network Sessions Fuel Growth and Opportunity for Entrepreneurs like Lulu

by VMRADIOBusiness & EconomicsPosted on No Comments

Small and medium enterprises (SMMEs) play a pivotal role in economic development, yet many face obstacles like limited funding, market visibility, and a lack of support networks. The Durban Business Fair, a series of events held throughout the city, provides a much-needed platform for entrepreneurs to overcome these barriers. We had the opportunity to interview Lulu, the owner of Asakhokuhle, a detergent manufacturing company, who shared her experience at the Durban Business Fair held at Pinetown’s Anderson Sports Ground, which marked her second participation in the event. Lulu explained, “The Durban Business Fair is a game changer for small businesses like mine. It allows us to showcase our products and connect with other entrepreneurs, while also giving us access to crucial information on funding and business development from officials.” The fair not only provides exposure through live media coverage, such as radio broadcasts, but also opens doors to new markets. “It helps us advertise our products to a wider audience, grow our customer base, and build stronger local support for our businesses,” she added. One of the key benefits of participating in the Durban Business Fair is the networking opportunities. Lulu is also an active member of the Business Network Sessions, a initiative that allows entrepreneurs to exchange ideas and collaborate. “Through the network sessions, I’ve been able to connect with other entrepreneurs, share insights, and even explore potential partnerships that I wouldn’t have otherwise discovered,” Lulu shared. The Durban Business Fair, offers small businesses like Lulu’s a chance to generate sales, gain visibility, and access valuable resources all at an affordable cost. Lulu summed up her experience, saying, “These events inspire growth and empower us to take our businesses to the next level. I look forward to every fair knowing it will bring new opportunities for my business.” For entrepreneurs like Lulu, initiatives such as the Durban Business Fair are essential in creating an ecosystem of support, helping SMMEs thrive and contribute to the local economy. Journalist : Leigh Ngwane

SEDA Opens Asset Assist Funding Applications for Small Businesses: Get Compliant and Access Business Support Before the January 2025 Deadline

by VMRADIOBusiness & Economics, UncategorizedPosted on No Comments

The Small Enterprise Development Agency (SEDA) has officially opened applications for its Asset Assist Funding program, offering small businesses the opportunity to access funding for essential tools, equipment, and assets. With applications closing in late January 2025, now is the time for business owners to focus on becoming fully compliant and prepared to take advantage of this support. One of the key requirements to qualify for SEDA’s Asset Assist Funding is business compliance. Small businesses must be formally registered with the Companies and Intellectual Property Commission (CIPC) and possess a valid tax clearance certificate from SARS to demonstrate tax compliance. These are not just funding requirements but essential steps for businesses aiming to operate sustainably and access growth opportunities. Many small businesses struggle to secure funding because they are not compliant with legal and financial regulations. SEDA’s program serves as a reminder of the importance of getting business structures in order. By registering your company, ensuring tax compliance, and maintaining updated financial records, you position your business not only for SEDA funding but for other future opportunities as well. Beyond compliance, small business owners are encouraged to seek business support to improve their operations and strategies. SEDA offers additional services, including mentorship, business development advice, and guidance on preparing robust business plans or funding proposals. These plans are critical for Asset Assist Funding, as applicants must clearly demonstrate how acquiring assets will improve their operations, increase productivity, and drive growth. Small businesses looking to apply can start by assessing their compliance status. This includes confirming company registration, ensuring taxes are up to date, and organizing financial statements. SEDA offices and business consultants are available to assist with compliance and application preparation, ensuring businesses submit strong, competitive proposals. With the January 2025 deadline fast approaching, now is the time to act. By becoming compliant and accessing business support, small businesses can unlock opportunities like the SEDA Asset Assist Funding to secure the tools and assets needed for long-term success. For more information, business owners can contact their nearest SEDA office or visit the official SEDA website for guidance and support. enquire for business support solutions by emailing marketing@vmradio.co.za Columnist Leigh Ngwane

BNS Social Event Set to Transform Durban’s Business Scene on 23 November 2024: Expect Networking, Entertainment, and Tailored Marketing Solutions

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Durban is preparing for an event that promises to redefine business networking, the BNS Social Event, taking place on 23 November 2024 at the Ladyfair Theatre & Conference Centre in the heart of the Central Business District (CBD). A collaboration between VM Radio, Mercedes-Benz, and Ladyfair Theatre, this highly anticipated event will bring together business leaders, entrepreneurs, and influencers for an experience of valuable connections and exciting opportunities. “We are ready to deliver an unforgettable experience,” said Thami Shoba, owner of the event, after a recent site visit. “The venue offers everything we need to create a world-class experience, from top-tier exhibition spaces to modern conference facilities.” One of the event’s key attractions will be its exhibition spaces, offering businesses a chance to showcase their products and services to a diverse audience. Exhibitors will also have access to tailored advertising, branding, and marketing solutions through VM Radio, with on-site consultations available to help businesses enhance their visibility and marketing strategies. “VM Radio’s tailored solutions are designed to give businesses a competitive edge,” Shoba explained. “This is a fantastic opportunity for exhibitors to refine their branding and take full advantage of the event’s exposure.” In addition to exhibitions and consultations, the BNS Social Event will feature live entertainment and plenty of opportunities to network with industry professionals. With major partners like Mercedes-Benz and VM Radio, the event is set to draw a high-profile crowd. As the event nears, Shoba’s team is confident that the BNS Social Event will set a new standard for business gatherings in Durban. “We’re excited to see it all come to life,” he concluded. Businesses looking to secure exhibition space are encouraged to act quickly, as spots are limited. The BNS Social Event is shaping up to be a must-attend event for those looking to grow their brand and network with industry leaders. Editor: Leigh Ngwane Photo: Supplied

Voice on the Move Radio Launches Innovative, Affordable Advertising Premiums to Help Businesses Maximize Their Marketing Impact at Budget-Friendly Rates

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Voice on the Move Radio Launches Innovative, Affordable Advertising Premiums to Help Businesses Maximize Their Marketing Impact at Budget-Friendly Rates In today’s competitive business landscape, finding effective and affordable ways to reach your target audience is key to driving growth. Voice on the Move Radio (VM Radio) is helping businesses of all sizes navigate this challenge by offering new, budget-friendly advertising premium packages. With prices starting as low as R500 per month, VM Radio’s flexible options make it easy for businesses to create impactful campaigns without breaking the bank. The station offers three distinct premium packages per month, each designed to meet the specific needs and goals of different businesses. Whether you’re a small startup or a growing enterprise, VM Radio’s packages allow you to select an option that aligns with your budget and marketing objectives. For those looking to maximize their reach, additional top-up and excess options are also available, providing scalability as your business expands. A key feature of VM Radio’s advertising premiums is the three-month waiting period, which gives businesses ample time to plan, strategize, and get the most value out of their advertising investment. This structured approach ensures that each campaign is well-thought-out and positioned for success. Why choose VM Radio? The station’s growing online presence and diverse audience base provide businesses with a powerful platform to connect with potential customers. Whether you’re looking to boost brand awareness, increase sales, or engage with a local community, VM Radio’s cost-conscious advertising packages allow you to achieve your goals efficiently. Interested businesses can reach out to marketing@vmradio.co.za to inquire about available packages and get started on their advertising journey. Additionally, businesses have the opportunity to feature in VM Radio’s Business and Economics column, profiling their story on the station’s online channels. This is a great way to enhance your visibility and establish your brand as an industry leader. Take your marketing strategy to the next level today. contact VM Radio for more information and start elevating your business! Email: marketing@vmradio.co.za Editor: Leigh Ngwane Photo: VM Media

Voice on the Move Radio Partners with Business Network Sessions to Empower Entrepreneurs

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In an exciting development for the entrepreneurial community, Voice on the Move Radio (VM Radio) has announced a partnership with the Business Network Sessions (BNS). This collaboration aims to provide exclusive discounted rates for businesses and entrepreneurs within the BNS network, fostering growth and innovation. The BNS network is dedicated to supporting small and medium enterprises (SMEs) by creating an environment where ideas can thrive. With this partnership, VM Radio seeks to amplify the BNS mission by offering discounted advertising and promotional opportunities. This initiative will enable businesses to reach a wider audience and effectively showcase their products and services. “This partnership is about giving entrepreneurs a platform to amplify their voices. Together, we can drive innovation and economic growth within our community,” says Leigh Ngwane, Station Manager of VM Radio. Thami Shoba from BNS adds, “By collaborating with VM Radio, we’re creating a powerful network that empowers businesses to thrive in a competitive landscape.” The partnership focuses on building a supportive community where entrepreneurs can connect, share knowledge, and navigate challenges together. This collaborative spirit is vital for fostering resilience in today’s fast-paced business environment. As part of this initiative, businesses are encouraged to take advantage of a digital print business profile feature. Interested parties can write to marketing@vmradio.co.za to secure a spot in an upcoming business and economics news segment. This feature will highlight unique offerings and enhance brand visibility within the community. Photo Cred: From the left Nokuthula MaNgubane Xulu a BNS associate, Thami Shoba from BNS, Leigh Ngwane VM Radio station manager, Yolanda Mabanga a BNS associate Written by: Amu Malinga