Actionable Business Advice from Experts | SME Advice
WEBFinding Answers to Business Challenges. Just Got Easy. Get personalized business advice: Connect 1:1 with leading Experts and propel your business to the next level. Trusted by a vast community of Experts and Entrepreneurs. Speak to an Expert Watch Video.
The Basics of Registering a Small Business in South Africa
WEBFeb 7, 2023 — The process: According to the CIPC, if your initial name reservation application is not approved, you will need to apply for new names. During each application process, you may apply for up to four names. The cost: Each name reservation application respectively costs R 50 online and R 75 manually. A company registration may vary between R 125 and R 475 (R 125 for a private company, R 475 for a ...
A Guide to SEDA Funding - SME South Africa
WEBSep 19, 2022 — Capital is a requirement for most new businesses whether it’s needed to acquire stock and equipment, or pay salaries and rent. While there are many avenues available to small businesses looking to secure funding – including traditional lenders such as banks or private investment firms – most business owners’ first port of call when seeking financial support is the government.
A Guide to B-BBEE in South Africa
WEBNov 1, 2022 — B-BBEE in South Africa is the government’s policy initiative to redress apartheid’s legacy of economic exclusion and inequality by bringing the black majority (African, Indian and Coloured) into the economic mainstream, “many of whom were systematically excluded from meaningful participation in the country’s economy”, writes Louis Pulzone, CEO of the LFP Group.
What is Farming? Explained and Defined | SME Advice
WEBFarming. Farming. Farming is the practice of cultivating land and raising livestock to produce food and other products for human use. It's the foundation of human civilization, providing sustenance for billions of people across the globe. Farming encompasses a wide range of activities, from planting seeds and tending crops to raising animals ...
Starting a Private Company in South Africa | SME South Africa
WEBSep 29, 2023 — Starting a company in South Africa requires entrepreneurs to navigate many legal and regulatory requirements. One crucial early decision for business owners is determining the ownership structure of their business. This choice will have an impact on the legal requirements for your businesses, including reporting, compliance and tax requirements; as well as your exposure to personal liability.
Licensing and Permits For The Food Industry | SME SA
WEBFeb 9, 2023 — Within the food service industry, the most important regulations is to comply with health and safety permits, licenses for selling liquor and tobacco, and zoning permits to operate in certain locations. So, if you are a business owner operating a restaurant, hotel and inn, or even catering and vending companies, this article answers a few ...
A Guide on Small Business Tax - SME South Africa
WEBJun 23, 2024 — SBCs can access extra tax incentives, including a reduced tax rate. According to SARS, the small business tax rates are as follows for the current financial year: Taxable Income (R) Rate Of Tax (R) R 1 – R 91 250. 0% of taxable income. R 91 251 – R 365 000. 7% of taxable income above R 91 250. R 365 001 – R 550 000.
Guide to Cooperatives in South Africa
WEBSep 19, 2022 — Cooperatives In South Africa. Cooperatives in South Africa are regulated by the Cooperatives Act 14 of 2005 that is based on international cooperative principles. In 2013, further amendments to the Act as well as a Code of Good Practice were adopted by the government. The regulatory framework also includes the Department of Trade Industry’s ...
How to Sell on Takealot: A Guide for SMEs | SME South Africa
WEBMay 3, 2024 — How To Register On The Takealot Seller Portal. You can apply to become a Takealot Marketplace Seller. You will need to supply information about your business like the brands and products you carry, what category they fit in, your annual revenue, your business registration number, as well as business owner/director details.