2024-02-02
Grow SMMEs to avoid losing another decade
Improved outcomes for the local economy will only be achieved if advisers do far more than just tick boxes.
They must identify opportunities for efficiencies and growth, all to meet strategic goals and add value.
They must also ensure businesses are given a roadmap to success that includes navigating bumps in the road such as regulations and load-shedding.
A more strategic approach will ensure that the immense economic dividend of SMMEs is harnessed so that SA secures its future. The consequences of not improving the SMME sector today will, sadly, lead to another decade of lost opportunities.
The SMME sector remains the engine room of growth and jobs for SA, yet not enough is being done to grow and support this “sweet spot” for the economy.