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What new entrepreneurs need to know about business regulations new entrepreneurs need to know about business regulationsIn the first few difficult years of starting a business it is easy to neglect compliance to the many laws and regulations that govern business activity in South Africa. The priority for entrepreneurs starting out tends to be setting up operational systems and the all-important task of finding enough clients. 2018/06/26 10:00:00 PM
Proposed changes to the current B-BBEE Codes of Good Practice changes to the current B-BBEE Codes of Good PracticeThe B-BBEE Codes of Good Conduct gazetted during February 2007 stipulated that all measured enterprises B-BBEE compliance must be measured. Two sets of targets were identified in the B-BBEE Codes: 0 – 5 years targets (more relaxed) and 6 – 10 years targets. The 6 – 10 years targets came into effect on 9 February 2012.2012/12/10 10:00:00 PM
Choosing a legal entity for your business a legal entity for your businessOne of the first and most important decisions an entrepreneur has to make is what type of legal entity to register his business under. There are many factors to consider and all the pros and cons must be weighed, as the wrong choice could be a costly mistake.2012/07/24 10:00:00 PM
Beware of your labour relations matters of your labour relations mattersWhether you are operating a small business or a large business, there are laws that regulate your relationship with employees. As an entrepreneur you need to be fully aware of these.2012/05/12 10:00:00 PM
What to look for in a lease agreement to look for in a lease agreementWhen you are renting premises for your business, know exactly what the conditions of your lease agreement are to avoid getting caught out by hidden clauses or an unscrupulous landlord.2012/03/22 10:00:00 PM
What is Intellectual Property? is Intellectual Property?When you've invented a new product, provide a unique service or provide information that you have developed, be sure to protect your intellectual property, so that other unscrupulous parties do not make profits off your hard work.2012/03/21 10:00:00 PM
How does the New Companies Act impact small and medium enterprises? does the New Companies Act impact small and medium enterprises?In November 2010 the new companies act came into effect. Small and medium enterprises would do well to take note of this new act.2011/09/11 10:00:00 PM
Tax rules for micro businesses rules for micro businessesTurnover tax was introduced by SARS as a simplified tax system for small businesses. It applies to micro businesses only and taxes them according to turnover and, courtesy of Section 48A and the Sixth Schedule to the Income Tax Act, it reduces your Vat and income tax obligations. By definition, a micro business is a sole proprietor, company or close corporation with an annual turnover of R1 million or less.2011/08/13 10:00:00 PM
Handling grievances in the workplace grievances in the workplaceIdeally, grievances in the workplace should be approached with discretion and professionalism in accordance with certain general principles. However there are numerous managers, supervisors and heads of departments who are not equipped to handle these issues in the manner in which they ought to be dealt with.2011/07/13 10:00:00 PM