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Red Door PANSA Business Mentorship
Red Door is sponsoring a mentor to run an arts business mentorship with PANSA members. The group is composed of 10 individuals who are starting arts businesses. The programme is working through the 11 milestones for a successful business. The participants have met with representatives of Nedbank regarding banking for small businesses and working through the marketing tree.
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The first Group Mentoring for PANSA was helt at Cape Creative Exhibition, 37 Main Road, Green Point, Cape Town |
This is a peer support programme facilitated by a mentor, Rudolf (Rudi) Rieger of On Set Images, where the participants can explore issues linked to building their businesses. |
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Hear what the mentees have to say:
“This is really useful” Sipho
“I know understand the importance of getting to know your bank manager” Francois
“It has changed my thinking to become more business like” Nono Base
“It is so important to be able to discuss issues and apply them directly to your own business.” Paul
“We need a space to be able to discuss the business side as artists do not think business-like.” Candice
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Andre Jacobs of On Set Images elaborating on Business Ethics and Code of Conduct |
Rudi discusses the challenges faced by the business owner before submitting a Business Plan |
Nedbank management introducing Business Plan requirements, banking cost and procedures |
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Milestones
- Essentials prior to starting a business
- Essential documents: From where to obtain and how to complete
- Motivation, Vision, Mission Statement, Objectives and Terms of Reference/Constitution/Articles
- Business Ethics and Code of Conduct
- Sample of self-assessing the business by looking at possible Strength, Weaknesses, Opportunities and Threats (SWOT Analysis)
- Concept and Infrastructure of a business
- Information Technology: Back office systems and their interdependency
- Branding & Marketing
- Business Plan and Feasibility Studies
- Project Management: The concept and efficient use of Methodology
- Filing and accessing of data: Efficiently processing and storing information on your computer
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Nedbank Branch Managers, Cape Town erea, l.t.r. Sabakhe Mahlangu and Theko Mafulako |
Sabakhe Mahlangu discusses a proper Business Plan and what the bank requires to obtain a good credit rating |
Nedbank Business Development Consultant Arlene Isaacs with Angela Muspratt-Williams and Francois du Plessis |
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