Business

24
Feb

Your Website of the Month: From Scenarios to Strategy – Use Business “Wind Tunneling”

Now more than ever before, scenario planning is essential for the success of your business. But of course the next step in the process is just as critical – you need to create an actual business strategy based on your scenario planning. It’s a process that can be both quick and simple. As the author of “From Scenarios to Strategy:

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5
Jan

Your Website of the Month: Starting a Business in 2021

Whether 2020’s lockdown gave you a great idea for a new business, put you out of a job, or killed your old business, 2021 may well be a year full of new opportunities. If the excitement and rewards of entrepreneurial life appeal to you, have a look at “Starting a Business” on the Small Business Site here for checklists and

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28
Oct

POPIA: A Practical 4-Step Action Plan for your Business

Article courtesy of Law Dot News POPIA: A Practical 4-Step Action Plan for your Business “By failing to prepare you are preparing to fail” (Benjamin Franklin) The media is still awash with warnings about the dangers of not complying with POPIA (the Protection of Personal Information Act). The risks of non-compliance are indeed substantial but whilst much is made of
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28
Sep

Home Businesses – Is Yours Legal?

Article courtesy of Law Dot News Home Businesses – Is Yours Legal? The sharp upsurge in businesses operating remotely as a result of the pandemic lockdowns means a lot more people working from home – most presumably in low-profile home offices, but inevitably some in the form of full-on business activities from home. What effect is that having on the
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26
Aug

Buying a Business? Make Sure the Seller Publishes Notice of the Sale

Article courtesy of Law Dot News Buying a Business? Make Sure the Seller Publishes Notice of the Sale “The purpose of the legislature in enacting s 34(1) is to protect creditors by preventing traders who are in financial difficulty from disposing of their business assets to third parties who are not liable for the debts of the business, without due
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28
Jul

The Pandemic and Business Interruption Cover – Can You Claim?

Article courtesy of Law Dot News “…it must be asked whether, but for the Covid-19 outbreak, the interruption or interference to the Applicant’s business would have occurred when the Lockdown Regulations were promulgated” (extract from the judgment below) It’s no surprise that our media has been awash with reports on the recent High Court judgment around a restaurant’s business interruption
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28
Jul

Websites of the Month: Why and How to Encourage Whistleblowing in Your Workplace

Our law (in the form of the Protected Disclosures Act) encourages employees to disclose unlawful or irregular conduct in their workplaces without fear of reprisal.  Why encourage it? “3 Reasons Why Whistleblowing is Important for Public and Private Companies” on the Compliance Line website here suggests that employers should actively encourage their employees to “whistleblow” because – “The majority of fraud is

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26
Jun

Directors and Business Rescue in the Time of COVID-19

Article courtesy of Law Dot News Business Law: Directors and Business Rescue in the Time of COVID-19 “A stitch in time saves nine” (wise old proverb) The COVID-19 pandemic and the resultant lockdown have opened up new avenues of profit for some businesses, but they have also subjected many others to the spectre of business failure. Unfortunately we can expect
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26
Jun

POPIA’s Deadline is 30 June 2021 – Ignore the “Fake Headlines” But Start Planning!

At long last the main provisions of POPIA (the Protection of Personal Information Act) have been gazetted, and they will commence on 1 July 2020. That means that the one year transitional period will expire on 30 June 2021.  Don’t panic just yet, and ignore the many “fake headlines” in the media implying that you are at immediate risk of non-compliance,

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26
Jun

Website of the Month: The Mental Battle of Running a Small Business in Lockdown Level 3

“This Too Shall Pass. It might pass like a kidney stone, but it will pass” (Unknown) Entrepreneurs and the small businesses they run are bearing much of the brunt of our deepening economic woes. Some SMEs have prospered, others have sunk – most of us have just battled on, preparing for and dreaming of happier times to come. In “The

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