Small businesses are taking great strain as consumers pull back. Understandably, during the Covid-19 pandemic consumers fear infecting others and becoming infected by being in public places including shops. But unfortunately, most small business don't have the capacity to withstand the lack of daily transactions. In a country in which over half its population live in poverty, we can't allow businesses to fold and for workers to lose their livelihoods.
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We call on government to subsidise the wages of workers in small businesses. The South African government already does this for young workers who earn less than R80000 a year, and we should extend this to everyone employed by small business*. This will help with cash flow and reduce the risk of job losses.
We are motivated by the work we do at Twyg. We support creatives practicing the circular economy in our work to achieve a sustainable world. We focus on achieving the SDG12, responsible consumption and production patterns. While we wait out this pandemic, we want to ensure that all businesses, including the ones practicing the principles we want to foster, survive these difficult times. We all are in this together.
*A small business employs 200 people or fewer, or has an annual revenue of less than R10 million.
Name | Sandra Kingsley |
sandrakingsley9890@sns.com | |
Phone | 5241889966 |
Website | https://demo.socialnetworking.solutions/ |
Dear Decision Maker,
I have been advised to contact you regarding securing a business grant for a new company that I wish to set up. I have been working on this project for (1) year now and am finally ready to put all the pieces together to get the venture started and to successfully move forward. Based on my intensive market study, I estimate that I will be needing a capital of ($52000.00) as an initial set-up fee, followed by ($10000.00) every (3) month in order to allow planned growth within the company. I, unfortunately, do not have the funds available to me to cover this setup and would very much appreciate if you would consider providing me with a young business entrepreneurial grant for the project. I have enclosed a presentation detailing what the company's primary dealings will be, including my targets and ideas for future expansion. I hope that you will see the potential in my planned business and support me in this endeavor.
Sincerely,
Sandra Kingsley
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