Business owners have more than enough challenges when it comes to ensuring the long-term sustainability of their business but now, there is the reality of load shedding to which there seems to be no end in sight as the embattled energy provider spirals out of control with debt rising on an annual basis.
What can business owners do?
If you scroll through social media posts on Eskom and load shedding, you will find no shortage of tempers rising, frustration, despair, and in some cases the public stating that ‘enough is enough’ in the language I would rather not use here.
Business owners need to face the reality that turning this state-owned enterprise around from a R400+ billion loss will not happen overnight therefore the impacts on revenues will continue. How long can small businesses hold on? It would be an interesting exercise to research the impact load shedding has had on small businesses but, that is not the purpose of this document.
Business owners have two choices really. The first is to join the complaints bandwagon but we all know that won’t change anything. The second and more productive choice is to future proof your business against the impacts of load shedding. How you say? Let’s look at the 4 stages of future-proofing your business against the impact of load shedding.