It is no secret that many businesses in South Africa have been negatively affected by loadshedding and its consequences, which has resulted in some Businesses closing their doors, giving up, or unable to find another way to operate.
However, our #BusinessTip to you is that you do not have to resort to this if you work out the correct strategy that suits your Business! – Easier said than done, but of course, this is all very doable with great consistency, determination, and pushing through the fear of failure!
How do we do this?
- Keep track of the Loadshedding schedule and formulate a plan for your Business and your employees to keep productivity flowing in different ways. Plan ahead by charging your laptops and devices ahead if you’re in an office space or investing in alternative energy sources which brings me to my next point.
- Loadshedding is here to stay! As a country, we cannot determine when loadshedding might ever end and that is why, when starting a Business in South Africa, alternative power supply is a key investment you need to make for your Business. We’re not talking about tens of thousands of rands to invest in a massive industrial-sized generator – this is simply out of reach for many small businesses. However, a small generator or a UPS (uninterruptible power supply) can be purchased at a much smaller cost and will benefit your company long-term.
- Small businesses have an advantage over large corporations in that they can be much more flexible in how they operate. Consider alternative work schedules for your employees that can be adjusted to accommodate load shedding hours. For example, if you work in an industrial kitchen, you could do food preparation in the morning instead of the evening. Alternatively, if your company uses machinery, you could plan to use it during the hours when the power is on and perform non-electrical tasks when the power is off. You might also think about giving your employees flexible hours so they can still finish their work on a given day, when power permits, at their own pace.
We all know that South Africa is no stranger to its hardships that it faces, Right?
Infact – In July of 2021, we have experienced another battle as a country in which affected many entrepreneurs. Several businesses closed down as a result of the tragic looting incident, leaving so many people without jobs, and on top of that, we had to deal with Covid too. But as a small Business, My SME’s coaching division, Small Business Coach, along with Company Partners and Love Howick has taken the initiative to step in and coach people on how they can affect change within the Business sector and how they can strategically plan against failure – Afterall, Our Vision is to Educate, Mentor and Lead Business Owners to Build and Grow their Organisations and we will continue to do that no matter what circumstances we face as a country.
Watch the following video to see the amazing impact this project has left on many business owners in KZN!
We’ve gotten through hardships before, and we can definitely do it again! Let’s work together to empower our country and build up our economy again, one Business at a time.
If you need assistance with keeping your Business going and need the perspective of a Business Coach to Guide you in the right direction, set up a Free Consultation with one of our Business Coaches and we will be in touch!