There’s this meme going around that states that if 2020 were a sound it would be the laugh of Janice from Friends. You’ve probably also seen the one that says if 2020 were a math problem it would be something along the lines of ‘if you’re going down a river at 2 km/h and your canoe loses a wheel, how much pancake mix would you need to re-shingle your roof’?
Owning your own business is a lot like having a hot CrossFit bod – it’s totally awesome, but it also takes a lot of hard work and if you let the reins slide even a little bit you stand to lose all the proverbial gluteus maximus gains you’ve acquired. Okay, so the metaphor doesn’t totally work, but you get what we mean.
This year has not been kind to South African SMEs. Small to medium enterprises took a big knock due to the economic impact of the lockdown measures that were put in place to curb the spread of the COVID-19 pandemic.