Versuchen GOLD - Frei
Top tips for growing your hospitality business
Daily News
|June 19, 2025
RUNNING a guesthouse, lodge or B&B in a small town is often more than just a business — it’s a personal calling.
But while passion opens the door, it’s strong business foundations that keep the lights on.
For many small hospitality busi-nesses in South Africa, especially those in rural or coastal communities, growth often feels just out of reach.
Here are a few tips for business owners who want to grow but aren't always sure how to get there:
Strengthen business skills without formal training
Many hospitality entrepreneurs start their businesses from scratch, learning as they go without the benefit of formal training. Yet, understanding the basics of finance, marketing, and operations is essential for long-term growth.
Free resources are available through many organisations like Fetola, Booking. com, online platforms, and community training centres. Even learning one new tool, like how to manage expenses on a spreadsheet or how to create a booking system, can make day-to-day business easier and more profitable.
Explore funding opportunities
Accessing funding is one of the big-gest challenges for small business own-ers. Many don't know where to start, or they've tried before and been turned away. But funding is not out of reach.
Government grants, microloans, and private sector support are available, especially for businesses that can show potential and planning. A simple busi-ness plan and basic fancial records can be the difference between getting help and being overlooked.
Develop a clear growth strategy
Its not enough to work hard; business growth needs direction. Without a plan, many businesses find themselves busy but unsure where they're going next.
Diese Geschichte stammt aus der June 19, 2025-Ausgabe von Daily News.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Daily News
Daily News
China confirms extradition of scam boss from Cambodia
ACCUSED scam boss Chen Zhi has been extradited to China from Cambodia, Beijing confirmed yesterday, after he was indicted by the US over alleged multibillion-dollar fraud.
3 mins
January 09, 2026
Daily News
Right to protest 'under attack' in UK
HUMAN Rights Watch (HRW) warned yesterday that the UK has “severely restricted the right to protest” in recent years and was expanding “repressive measures” against peaceful demonstrators.
2 mins
January 09, 2026
Daily News
Australia heatwave stokes risk of bushfires
FIREFIGHTERS warned millions of Australians of “catastrophic” bush-fire dangers yesterday as they battled multiple blazes stoked by a heatwave blanketing the country.
1 mins
January 09, 2026
Daily News
Champions Cup audition for Stormers fringe players against Harlequins
WHILE the Stormers toured without their usual star-studded cast for their third Champions Cup pool clash in London, the Twickenham Stoop provides the perfect stage to highlight the depth that underpins their current success.
2 mins
January 09, 2026
Daily News
MOPPING UP Mossel Bay wildfire: Emergency services tackle ongoing blaze
MOP-UP operations are under way in Mossel Bay after a fire stop was called in the early hours of yesterday.
1 mins
January 09, 2026
Daily News
Zhipu AI's successful IPO sets the stage for MiniMax’s market
LEADING
2 mins
January 09, 2026
Daily News
Gautrain contract up for grabs as court favours Bombela
THE contract to run the higher-speed express commuter rail system, Gautrain, is being put up for grabs this year by the Gauteng Roads and Transport Department.
1 mins
January 09, 2026
Daily News
Natu raises alarm over resource shortages in KZN schools
AS THE 2026 academic year approaches, the National Teachers' Union (Natu) has expressed serious concern about the readiness of schools across KwaZulu-Natal's 12 districts, with thousands of pupils at risk of starting the year without essential resources.
1 mins
January 09, 2026
Daily News
NFP's GPU exit sparks turmoil
THE recent withdrawal of the National Freedom Party (NFP) from the Government of Provincial Unity (GPU) marks a significant turning point in the political landscape of KwaZulu-Natal.
2 mins
January 09, 2026
Daily News
Leaders meet to consider ANC’s request to not abandon coalition
THE NFP called a special meeting last night to discuss the political overtures from its partners in the Government of Provincial Unity (GPU) following the party’s decision to withdraw from it.
2 mins
January 09, 2026
Listen
Translate
Change font size
