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Why Legal prevention is better than cure

Why Legal prevention is better than cure

When a legal crisis strikes your business - how do you feel? What do you do?  The reality is, legal risk is one of the most prudent risks facing businesses today! What is meant by legal prevention? Formally this is often referred to as legal risk aversion or...

Letters of demand for clients not paying COD

Letters of demand for clients not paying COD

The main aim of the National Credit Act 34 of 2005 as amended (“NCA”) is to prevent over-indebtedness and to provide more accessible structures for dispute resolution. Among other solutions, the NCA aims to achieve this by creating a more transparent platform, which...

Involved in a boiling dispute? Here is how to  best resolve it…

Involved in a boiling dispute? Here is how to best resolve it…

Well first, try to negotiate a resolution.If that fails, in many instances, alternative dispute resolution (“ADR”) is a powerful way in which to resolve an array of different disputes. Advantages include: the confidentiality of the process, often being less formal,...

Know your enemy they say… We say the same about risk

Know your enemy they say… We say the same about risk

For many entrepreneurs considering the legal aspects of business is something hardly ever thought about. Many SME's and entrepreneurs decide to follow a dangerous "look the other way" or "bury head in the sand" approach. This is truly unfortunate because ultimately,...

When to collaborate and when to employ?

When to collaborate and when to employ?

Given the complexity of the labour legislation in South Africa, entrepreneurs are often reluctant to employ and instead look at other forms of agreements to achieve the same outcome. There are instances when it is more appropriate to contract differently and not to...

The Importance of the Team

The Importance of the Team

Many business owners neglect to spend time thinking about their vision. Specifically, on how they plan to achieve their goals and the risks they are likely to face along the way. Many also fail to invest time in thinking about the people who will take them to their...