What I Wish I Knew: Legal Training
How the addition of Legal Education and Training can enhance the impact of Accelerators, Incubators, and Enterprise Development Initiatives in South Africa Success in business is often determined by a complex interplay of factors, including innovative ideas, market dynamics, and, crucially, a solid legal foundation. Many entrepreneurs, while passionate about their ventures, may need a […]
What I wish I Knew: Nurturing Relationships
What I wish I Knew: Consumer Protection
Consumer Protection in Advertising, Warranties, and Product Liability Entrepreneurs in South Africa need to be well-versed in consumer protection regulations governing advertising, warranties, and product liability. Compliance not only shields your business from legal complications but also nurtures trust with your customers. Advertising Regulations Honesty in Advertising When it comes to promoting your products or […]
What I wish I Knew: Why effective meetings are critical
Meetings are an essential part of any business or organisation’s workflow. When conducted effectively and documented appropriately, meetings can drive productivity, collaboration, and decision-making. Define Clear Objectives The first step in running a successful meeting is to define clear objectives. Please determine what you want to achieve during the meeting, whether it’s discussing a project […]
What I wish I Knew: Legal Side of Securing Investment
Securing investment for your business in South Africa is an exciting opportunity for growth and expansion. However, it comes with a set of legal requirements and considerations that entrepreneurs must navigate. To attract potential investors and ensure a smooth investment process, it’s essential to understand and meet a number of legal requirements. Due Diligence Both […]
What I wish I Knew Series: The Power of a Project Plan
Legal compliance is not just a choice; it’s a fundamental requirement for every organisation. Complying with laws and regulations is not only essential to avoid legal trouble but also a critical element for maintaining trust with stakeholders and ensuring long-term sustainability. To effectively manage legal compliance in your business, a well-structured project plan can be […]
What I wish I Knew: Controlling the Legal Side of Business
Despite the challenges and uncertainties faced by start-ups and small businesses, South African entrepreneurs have consistently demonstrated remarkable resilience. South African entrepreneurs have earned a reputation for their tenacity, creativity, and determination. They recognize that navigating the complex legal landscape is vital for the longevity and success of their ventures. Many entrepreneurs have faced legal […]
What I wish I Knew Series: Safeguarding Personal Information
If your business processes personal information (which all of us do), compliance with these laws is not just a legal obligation; it’s essential to avoid fines and legal repercussions. The cornerstone of data protection in South Africa is the Protection of Personal Information Act 4 of 2013 (POPIA). POPIA is South Africa’s equivalent to international […]
KYSS – Know your Stakeholder Stakeholders
Making good decisions is often the distinguishing factor between marginally successful businesses and exceptionally successful entrepreneurs. Decision-making on an internal level, also referred to as corporate governance, is a mechanism not to be under-estimated, regardless of your size or the amount of revenue. It is not just about big business. Shiny boardrooms and […]
What are NDAs? When to use them?
A non-disclosure agreement is a legally binding contract that establishes a confidential relationship. An NDA may also be referred to as a confidentiality and non-disclosure agreement. An NDA defines confidential or commercially sensitive information (collectively referred to as “confidential information”), which must be kept secret between the parties. Furthermore, it aims to prevent the unauthorised […]
