South African citizens enjoy the application of South African labour laws, which tends to be applied more liberal than not. These laws create the rights to which citizens as employers or employees are entitled to in the workplace.
So, let’s face the facts, collecting money is a job most businesses try to avoid, even though their poor cashflow warrants a debt collection mechanism. Most businesses’ behaviour when collecting debt is very abusive and aggressive. So what is the best practice, without becoming too aggressive whilst maintaining a civil business relationship?
The Legal Practice Act 28 of 2014 (LPA) came into full force on 1 November 2018. The LPA drastically changed the regulation of the South African legal profession. The major changes included: Attorneys and advocates were merged into a single profession, referred to as “legal practitioners”. Prior to the LPA, attorneys and advocates had different
Women were first afforded to be admitted as attorneys and advocates in South Africa after promulgation of The Woman Legal Practitioners Act 7 of 1923. The first white woman was admitted as an attorney in 1923, while the first coloured woman was admitted as an advocate in 1962. The first black woman attorney was admitted
There are different types of practising advocates (“Counsel”) who can assist client matters in South Africa. The Legal Practice Act 28 of 2014 (effective from 1 November 2018) governs all types of legal practitioners and divides advocates into 2 categories, namely “Trust Account Advocates” and “Advocates” without Trust Accounts. Practising “Trust Account Advocates” are allowed
There exists a general misconception that the registration of a company or close corporation with the Registrar of Companies in South Africa is sufficient to protect the owner of the business against the infringement of its name by third parties. Only a trade mark registration in terms of the Trade Mark Act 1994 of 1993
(First published on LinkedIn on 22 March 2020, just before hard lockdown started…and still relevant) Have you ever been on a road trip with someone? Even if it was a short trip, chances are you had to discuss at least two aspects before taking the road, namely, firstly, in which vehicle would you be travelling
You have a great business, and it is growing; except you don’t have time to open new locations for the growing demand, and you don’t want the burden of securing funds for the new locations. –You can expand without the risk of debt or the loss of equity and time. Franchising can simply be defined
The term “Corporate Finance” does not always mean that much to entrepreneurs until you actually need it. The good news is there are more options than the commercial banks to approach for financial assistance. There are a wide range of options that are available out there, and the key is just to prepare your paperwork
You may have always dreamed about owning your own company. You have your concept, you have drafted your business plan, run all your forecasts, and you have chosen the perfect name. You may have approached an Attorney or other company to assist you with having your company registered at the Company and Intellectual Property Commission
