{"id":234323,"date":"2022-08-17T04:56:50","date_gmt":"2022-08-17T02:56:50","guid":{"rendered":"https:\/\/mypr.co.za\/?p=119851"},"modified":"2022-08-17T04:56:50","modified_gmt":"2022-08-17T02:56:50","slug":"helping-smes-in-sa-subscribe-to-scaling-success","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/helping-smes-in-sa-subscribe-to-scaling-success\/","title":{"rendered":"Helping SMEs in SA subscribe to scaling success"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/08\/helping-smes-in-sa-subscribe-to-scaling-success.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/08\/helping-smes-in-sa-subscribe-to-scaling-success.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<figure id=\"attachment_119852\" aria-describedby=\"caption-attachment-119852\" class=\"wp-caption alignleft\"><a href=\"https:\/\/mypr.co.za\/?attachment_id=119852\"><img loading=\"lazy\" decoding=\"async\" alt width=\"300\" height=\"200\" class=\"wp-image-119852 size-thumbnail lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/08\/helping-smes-in-sa-subscribe-to-scaling-success.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-119852 size-thumbnail\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/08\/helping-smes-in-sa-subscribe-to-scaling-success.jpg\" alt width=\"300\" height=\"200\"><\/a><figcaption id=\"caption-attachment-119852\" class=\"wp-caption-text\">Renotza<\/figcaption><\/figure>\n<p>Helping SMEs in SA subscribe to scaling success: While there is a need for small businesses to bolster economic recovery in South Africa, the barrier to entry for aspiring entrepreneurs to get their businesses off the ground is too high. The amount of capital required to simply equip a business with productivity tools like laptops and smartphones is too much to bear for many small businesses with growth potential.<\/p>\n<p>This is according to the co-founder of on-demand subscription platform Rentoza, Mishaan Ratan, who has lived through this very struggle. When he and his co-founders saw their business grow from a staff complement of 4 to 54 in a matter of only two years, they found it difficult to keep pace with the financial demands of their infrastructure needs.<\/p>\n<p>\u201cWe started our business with the idea to make hardware accessible to consumers,\u201d says Ratan. \u201cBut given our own growth journey, we see that this is sorely needed in our country\u2019s small business environment.\u201d<\/p>\n<p>As one of South Africa\u2019s fastest-growing e-commerce businesses, Rentoza developed a model to drive access at affordable rates and flexible terms to essential items, such as consumer electronics, appliances, and baby goods. By simply paying a subscription fee, these products can arrive at your door and into your life with insurance cover and maintenance costs built into the subscription.<\/p>\n<p>With his own experience in mind, Ratan says one needs a large capital injection to buy all the required equipment needed to scale up one\u2019s business. \u201cScale-up fast enough and this could cost business hundreds of thousands of Rands before the markets turn again and the business is forced to scale down. What do they do with all that unnecessary hardware?\u201d<\/p>\n<p>It is time to change the way companies access their productivity assets like laptops, smartphones, tablets, and more. Ratan says, \u201cThe changes in ways of working in the last two years are here to stay and businesses need to focus on scalable productivity asset solutions that will keep productivity high while keeping costs at a minimum, no matter which way you need to scale.\u201d<\/p>\n<p>Although Rentoza has been offering hardware subscription services to consumers for some time now, it has now started focusing on businesses. \u201cWe can help you put devices in employees\u2019 hands for a fraction of the price and match changing staff contingent size and needs as and when they change. You don\u2019t need to spend millions when you can rather manage the churn effectively.\u201d<\/p>\n<p>Through a subscription model, Ratan says businesses are now able to scale up and down whenever the need arises with no added costs, just a simple monthly subscription amount per device that includes setup and insurance through reputable insurance providers.<br \/>\u201cWe believe businesses would benefit from this revolutionary new model to allow them to manage costs more efficiently and effectively within their companies, with real flexibility at the heart of our offering.\u201d<\/p>\n<p>For Ratan and his fellow cofounders, this business-to-business venture is close to their hearts. \u201cWe know what it\u2019s like to struggle with the costs of doing business. In fact, the price of life today means that businesses are struggling even more to make ends meet. We hope that subscription offers the flexibility and relief that our SMME\u2019s need to make it big in this country and in these times.\u201d<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views since 1 July 2022:<\/span> <span class=\"post-views-count\">161<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/helping-smes-in-sa-subscribe-to-scaling-success\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. Renotza Helping SMEs in SA subscribe to scaling success: While there is a need for small businesses to bolster economic recovery in South Africa, the barrier to entry for aspiring entrepreneurs to get their businesses [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":234324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021,1],"tags":[3257],"class_list":{"0":"post-234323","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"category-south-africa","9":"tag-mypr","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/08\/helping-smes-in-sa-subscribe-to-scaling-success.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/234323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=234323"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/234323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/234324"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=234323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=234323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=234323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}