This article has me begging the question - what are the benefits of registering your micro/small business?
I hear rumours of state-funded financial assistance programs - wouldn't know where to find one. Are there any other real benefits that offset the freedom of being in the "informal sector?"THERE are more than six million small businesses in South Africa but only 17 percent are registered because their owners do not know the benefits of doing so, a national survey has revealed.
full story from The Sowetan here
The story also gives a pile of stats which as a small business owner myself I find more appalling than surprising or shocking. For example
and for most of us (especially given the hours) the pay isn't that hot either.Entrepreneurs work about 63 hours a week.
"Poor exploited civil servants" that go on strike for far-above-inflation pay increases think they have it tough - try being a small business entrepreneur!
Did you like this article? Share it with your favourite social network.