Meet Sipho. Sipho is 30-year-old engineer who started a construction business. He started his own business so that he may become his own boss. Because of the connections he has and relationships created while in employment he was lucky to be awarded a water reticulation project in Kudube, Hammanskraal.
Sipho needed to fund the project and secured a personal loan at an interest rate of 35% per annum………(to be continued)
To you the entrepreneur, what is your take on Sipho, is an entrepreneur? What key steps should he take to assess the viability of the Kudube water reticulation project? Share your view.
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