Raizcorp ARIZE

PROFITABLE RETURNS

Developing sustainable and profitable entrepreneurs is vital for the success of the economy, and corporate South Africa can play a major role in this development.

Making a profit from money you've invested is a great way to increase your bottom line. Developing successful entrepreneurs who own and run their own sustainable businesses, however, means that your investment has impacted on someone else's bottom line....and in the process; your company reaps the rewards.

Enterprise Development is not only a way to score points on the government's Black Economic Empowerment (BEE) Scorecard - it is an opportunity to make an impact on the economy, your business and those who benefit from your investment.

Sustainable enterprise development

Implementing a reliable, valuable, sustainable enterprise development (ED) programme is essential for the success of any company, especially for those who are serious about complying with the BEE Scorecard. Most South African companies have an enterprise development programme, but many confuse enterprise development with skills development and corporate social investment (CSI). Neither of these investments is focused on developing sustainable small-, medium- and micro-enterprises (SMME's) to ensure the growth of the second economy.

Gavin Friedman, Account Manager for Raizcorp's ARIZE division, had the following to say when asked about Raizcorp and Enterprise Development, "Raizcorp's core skill is the ability to build profitable businesses and transferring what we have learnt through our unique incubator (Prosperator) model into our CED (Comprehensive Enterprise Development) programme. This has given us the edge in creating sustainable, successful and holistic entrepreneurs and entrepreneurial businesses."

Raizcorp's ability to identify would be entrepreneurs proves to be not only accurate, but creates a strong platform for the ED beneficiaries, as, in a world where there is high failure rates amongst entrepreneurs, the Raizcorp process has dramatically reduced these failure rates, and in fact, has almost inverted the ratio.

"Whether a Principal invests their ED spend with Raizcorp, either as a grudge purchase or with a genuine interest to build an empower SMME's", says Friedman, "there is one thing that you can be certain of: the Raizcorp method is definitely the way to go!"