With the 2025 Budget Speech behind us, many entrepreneurs are asking, “Can my business survive this economy?” Between the VAT hike, rising fuel prices, and consumer belt-tightening, it’s natural to feel overwhelmed.
But here’s the good news: thriving in tough times is possible. It starts with a shift from panic to planning.
Start with Mindset
Businesses that succeed in uncertain economies aren’t just lucky. They are proactive, flexible, and open to change. They also tend to have one thing in common: a solid plan.
Here’s How You Can Plan for Resilience:
- Know Your Numbers Understanding your income, expenses, and profitability is essential. If you’re unsure, get professional help. Knowledge is power.
- Scenario Planning What if sales drop by 10%? What if input costs rise by 15%? Plan for different scenarios now so you’re not caught off-guard should they materialise.
- Invest in Customer Loyalty Your current customers are your best source of future income. Go the extra mile, offer value-adds, and keep them coming back.
- Diversify Your Revenue Can you add a product line, partner with another brand, or offer a digital version of your service? Spread your risk.
- Ask for Help Don’t try to do it alone. Whether you need financial modelling, compliance support, or a strategy session — Primorial is here to help.
You Are Not Alone
Every great business story has a chapter where things got tough. This could be yours. But with the right mindset, tools, and support, it doesn’t have to end there.
Remember, you’re building something powerful. Something lasting. Let’s plan your next chapter — together.
Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice.
© Primorial Solutions (Pty) Ltd
