Wetility, a South African solar-to-homes provider, has raised debt from a local commercial bank and a pan-African business.
Most budding entrepreneurs have an eagle eye on the prize, to secure the requisite funding in order to see their vision come to life and their business become a tangible reality.
What many don’t anticipate is that the journey remains challenging once funding is secured. Unfortunately, many don’t make it through the initial funding phase for that exact reason.
Knowing what you want, and planning for it, is crucial. Some small- and medium-sized enterprises (SMEs) are happy to remain as sustainable as a small businesses for the foreseeable future. However, if there is a need and desire to scale up, then it is important to plan and prepare.
That was the…
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Sunday Independent (Digital) - 1 Issue, 2023-05-14