Profitable but unprepared: Report exposes bankability gap in SA’s small businesses
South Africa’s small business sector faces a challenge that goes beyond access to capital: many profitable enterprises lack the financial systems and planning needed to secure funding and grow.
Many profitable enterprises lack the financial systems and planning needed to secure funding and grow.” Access The report concludes that improving access to finance must go hand‑in‑hand with practical support to strengthen financial records, management accounts, budgeting, cash‑flow forecasting and internal controls.
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