|The outbreak of the Covid-19 pandemic has had a significant impact on the South African tourism and hospitality industries. As a result, the sustainability of the industry has been largely dependent on the domestic consumer and traveller. According to the Tourism 2020 report released by Statistics South Africa, foreign arrivals dropped by 71% between 2019 and 2020.|
Small businesses have been particularly hard hit by the pandemic. However, with government’s increased vaccination drive and South Africa moving to alert level 2, the 2021 summer season is showing some promising signs of recovery.
Against this background, FEDHASA has recognised the need to support small businesses in the industry to help rebuild, grow and thrive.
Leveraging off our long-standing partnership with Absa, FEDHASA Cape is excited to announce that we are teaming up with Absa and SMTAX on an exclusive Business Development Programme, aimed at upskilling SMEs and assisting them in becoming funding ready.
This programme will be piloted and ring-fenced to the FEDHASA Western Cape membership base.
The Business Development Programme will run over a four-week period via the Microsoft Teams virtual platform.
|Topics covered during the series include the following: |
Session 1 – 06 October 2021 from 15h00 till 16h00
– Financial and Business Management – mastering business cash flow management
– Running your business digitally – send quotes, customer statements and collection
|Session 2 – 13 October 2021 from 15h00 till 16h00|
– Being finance savvy – Understanding financial statements and forecasting
– The Law 1 – Registering your business and complying with the Companies Act
|Session 3 – 20 October 2021 from 15h00 till 16h00|
– The Law 2 – Compliance with the Income Tax Act
– Small Business Tax Incentives and SARS refunds for small businesses
|Session 4 – 27 October 2021 from 15h00 till 16h00|
– Level up – The benefits of separating business and personal affairs
– Personal Financial Planning
|Click here to RSVP and select which session/-s you wish to attend Once you have RSVP’d, you will receive an email from email@example.com with the relevant details within 24-48 hours. In addition, a consultant from SMTAX will follow up with a call to retrieve and assist with their BEE information and other details. For any further queries, please contact firstname.lastname@example.org|
We encourage our members to make use of this exclusive opportunity. So, don’t delay, book today
Currently there is no foreign national quota system in our legislation regarding our hospitality industry. However there are two draft statutes Government is current looking at that provide,