Tips for business

2019-05-07 06:00

To motivate entrepreneurs and small, medium and micro-sized enterprises (SMMEs), Maven Solution designs and develops incubator programmes. The company was founded by husband and wife, Bertram Richards and Beverley Knoesen in 2017. The couple participated in the evolution of technology from a focus on enterprise-wide planning systems through the Dot-com era to now. Beneficiaries and their industries are different and Richards says that they tend to see the same categories of applicants. There are also younger participants who have great ideas but lack the business skills to take them out of the concept phase and who need to convert their processes and business culture to standard ‘best practice’ commerce systems. “And then we see a lot of growth phase companies that have hit glass ceilings and reached a plateau,” says Richards, adding that some companies are struggling to move beyond the R5m mark.

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