Become investor ready with business tools for MSMEs
We believe that by asking stimulating questions we can guide you in making small changes to achieve big growth.
The Business Health-Check
The self-assessment use multiple-choice format to evaluate where the business is versus best practices in each function to give an objective report with recommendations. Do the self-assessment and get a report on how to grow your business
Why The SME Friend?
What makes our self-assessment different to the others out there? Well, we did our market research and have found 7 areas of competitive advantage.
1
Multilevel to fit any size of business.
2
Ability to add comments / notes / observations on every question.
3
Quantifiable data so you benchmark against your peers (this is under development).
4
Fully automated report giving you both a score and suggested best practices.
5
Philosophy or not trying to analysis a business but for the founder / CEO to self-analysis how they can grow the business!
6
A range of complimentary digital tools (chatbot, simulation training, business tips) to help your business grow. Partner organisations can get white-label versions of the tool.
7
No need to download. Do the assessment via www.theSMEFriend.com
Meet Our Chatbot
Whether you want information on how to start a business, critical questions on financial services, how to do farming as a business, or how to grow your SME, use our chatbot.
Whatsapp Business Tips
Transform your business growth with daily WhatsApp reminders! Receive expert advice on how, where, and why you should consistently ask yourself powerful questions to identify 1% changes that pave the way for remarkable progress. These daily reminders will keep you focused on making small but impactful improvements that lead to significant overall growth. Subscribe now and unlock the potential to take your business to new heights!
Sales
It is important to "recognize and reward" repeat customers and make new customers feel special. One way of doing this is by personalizing the customer experience.
Marketing
Who are your direct competitors? Are there substitute products on the market? Have you analyzed the market to see where your competitive advantages are and to highlight the Unique Selling Proposition in marketing and communication materials?
Operations
Have you taken careful consideration in planning accessibility for your customers? This could be having a car park etc. for physical locations to the online equivalent of great SEO, user interface and navigation.
Investment Readiness
Have you contacted investors who have a record of investing in similar business, in the same industry and level of business maturity?
Strategy
You need to understand all regulatory and licensing issues. A board of directors with specific expertise and legal / regulatory experience can be very helpful in this regard.
Human Resources
Develop a detailed job description. Advertise via papers / the internet / recruitment agencies and then hold interview(s) and a written test (if needed) to find the candidate with the best skills, experience and personality to fit the job.
Finance
Do you know what non-financial services your financial institution offers? For instance, mobile banking can help you easily keep unto date with your financial situation. Do they provide trainings, business tips or other types of support?
ICT
Are staff able to see all the reports they need for their job? Do you have different access levels / matrix so staff can only see reports relevant to them?