FOLLOWING the closure of several small businesses in the Eastern Cape, the first in a series of monthly business health seminars was held in Port Elizabeth yesterday.
Organisers of the Corporate Project Management (CPM) Services Business Health Seminar, held at the Newton Park Library yesterday, identified a need for support in the small, medium and micro enterprises (SMME) sector, particularly in the current economic climate.
CPM Services founder Pat Pattinson said far too many small businesses were closing down in the Eastern Cape.
“We all know that 90% of small businesses do not make it past the first three years of doing business. SMMEs are the future of our country.
“Large corporate companies as we know it, no longer exist.
“There is a bigger spread of wealth among smaller businesses who can employ up to 500 people and still be considered to be an SMME,” Pattinson said.
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