SBAB
SMALL BUSINESS ADVISORY BUREAU
OUR SMALL BUSINESS ADVISORY BUREAU (SBAB) SPECIALISED UNIT
The SBAB is a non-profit, service organisation for all small, medium, and micro-enterprises.
The NWU Business School embraces the various needs of the small business sector through an entrepreneurial focus in a developing country context; therefore, we have the Small Business Advisory Bureau (or SBAB), a non-profit service organisation for small, medium, and micro-enterprises, as part of the Business School.
The SBAB, established in 1970, is the oldest and largest tertiary small business institute in Southern Africa, with the primary aim of promoting the establishment of new small businesses and improving the efficiency of existing SMMEs in Southern Africa.
The SBAB operates countrywide from its head office in Potchefstroom with a staff of management consultants and trainers. It is a prerequisite that the SBAB consultant, apart from being academically qualified, have practical small business experience, consequently offering authoritative advice and training to almost any SMME.
SERVICES
All the SBAB’s services are interdependent and complementary to one another and can be divided into three main categories:
- TRAINING MANAGEMENT
- CONSULTATIONS AND ADVISORY SERVICES
- RESEARCH AND INFORMATION
PROGRAMMES
Introducing Naledi Ringrollers
This was an initiative by Naledi Ringrollers to fund young, upcoming entrepreneurs who can help address socio-economic issues such as unemployment, inequality, and poverty by imparting entrepreneurial skills and education.
The program was for 6 months, and selection criteria are based on the entrepreneur’s impact on the community, local economy, growth potential, creativity, and academic performance. This initiative was to encourage and motivate other young people to understand the importance of self-determination, shift the value chain from being consumers to producers, and ignite the spirit of entrepreneurship and job creation within the local economy.