The Winner of Lulalend’s Friends in Funding Competition is Announced
The Lulalend Friends in Funding competition for South African SMEs has announced its winner. Imraan Moos, the owner of online retailer Your Essentials, was this week revealed as the winner of our Friends in Funding, R500 000 competition. Now, Moos has an extra half a...
5 reasons to feel good about being an SME in South Africa
Running a business in South Africa is just not the same as running a business anywhere else in the world. Sure, there are some universal challenges that every business will encounter at some point in their journey, but there’s a reason why the hashtag...
Team Lulalend answers your funding questions
We know that speed and efficiency are really important to business owners. In fact it’s become a standard expectation for anyone nowadays to have a slick and easy online experience when they interact with a company or service. That’s how brands like Uber, Netflix or...
Can fear be a good thing in business?
Lulalend CEO and Co-Founder Trevor Gosling is no stranger to the fears and anxieties that come with running a small business in South Africa. In fact Lulalend was borne out of one of the biggest challenges he had experienced in previous entrepreneurial ventures:...
Understanding business credit assessments
When it comes to your biggest fears; heights, public speaking or even spiders might come to mind. But for an SME owner, there could be quite a few things that keep you up at night. In a poll we recently ran on Twitter you told us that your number one fear when it...
5 Ways Your Small Business Can Prepare For Black Friday
For retail businesses, Black Friday is a pretty big deal. Next to Christmas, it's the biggest sale event of the year. In 2018, South Africans spent more than R2,8 billion on Black Friday deals. In fact, 66% of local consumers took part in the one-day spending spree....
The SME Guide To Increases And Bonuses
We've entered Q4, which means it’s time to start thinking about your employee expectations for the close of the year as well as the year ahead. SMEs currently employ 28% of the country’s workforce. The National Development Plan (NDP) expects this number to rise to 90%...
