Podcast
Questions and Answers
Which organization is not mentioned as an initiative to facilitate SMMEs in South Africa?
Which organization is not mentioned as an initiative to facilitate SMMEs in South Africa?
Which document is important to consider when purchasing a franchise?
Which document is important to consider when purchasing a franchise?
Which agency does not play a role in facilitating SMMEs according to the text?
Which agency does not play a role in facilitating SMMEs according to the text?
What is a crucial consideration when contemplating franchising, based on the text?
What is a crucial consideration when contemplating franchising, based on the text?
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Which agency's role in SMME facilitation can be inferred from the text?
Which agency's role in SMME facilitation can be inferred from the text?
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What is the main purpose of a fundamental analysis?
What is the main purpose of a fundamental analysis?
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What is the key question asked during a fundamental analysis?
What is the key question asked during a fundamental analysis?
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What is NOT an outcome of a fundamental analysis?
What is NOT an outcome of a fundamental analysis?
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What is NOT a phase of a fundamental analysis?
What is NOT a phase of a fundamental analysis?
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Which of the following is TRUE about a fundamental analysis?
Which of the following is TRUE about a fundamental analysis?
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Study Notes
Initiatives for SMME Development in South Africa
- The Small Business Development Agency (SBDA), The Small Enterprise Finance Agency (SEFA), The Small Enterprise Development Agency (SEDA), and The Department of Small Business Development (DSBD) are all initiatives to facilitate and promote the development of SMMEs in South Africa.
- The National Youth Development Agency (NYDA) is not an initiative specifically for SMME development.
Important Documents for Franchise Purchasing
- When purchasing a franchise, two important documents to consider are the operations manual and the disclosure document.
- The disclosure document includes information about the financial status of the franchise.
Fundamental Analysis for Entrepreneurial Options
- A fundamental analysis is a three-phased audit.
- The primary purpose of a fundamental analysis is to assess the feasibility and viability of entrepreneurial options.
- The outcome of a fundamental analysis is a set of pro forma statements of profit and loss, and financial position.
- The key question of a fundamental analysis is: What is the impact of the variables in the business environment on the target market?
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Description
Test your knowledge on SMME initiatives in South Africa with a quiz question from the NMU student portal. Identify which initiative is not a part of the programs promoting SMME development in the country.
