Running a business is exciting, but there are also risks involved. One major concern is “reckless trading,” which can land directors in hot water. Here’s a breakdown of what it…
Read More
South Africans are a versatile nation and are always coming up with exciting and innovative business ideas. However, many trade without correctly registering their businesses as they may feel that…
Some resourceful individuals, who have become unemployed, have pivoted and started their small businesses, which have achieved great success within the past year. Now, however, these business owners wish to…
A partnership is a business relationship which is potentially more binding and sometimes much more all-consuming than that of a marriage. Partnerships may take many different forms, but the underlying…
The board of directors is a phrase commonly heard of, whether it is about Eskom, SAA, or a private company. However, the layman may not know the exact definition of…
There are many legal requirements for the setting up of a valid company. One of those is the incorporation thereof and by doing so providing the Companies and Intellectual Property…
Entrepreneurship and business development are two vitally important areas within the South African commercial industry that requires significant attention and encouragement. Small businesses who have achieved a substantial amount of…
When one listens to the news, and companies are mentioned, terms such as directors and shareholders are often mentioned. These terms appear to be used interchangeably, however, they are two…
SCOPE OF PRACTICE Private individuals, small businesses and average consumers all contract with companies on a daily basis. However, many of these parties contract freely and voluntarily with these companies…
When considering the liability of a contracting company one of the most important considerations is that of their authority to contract. Previously we dealt with the scope of practice, as…
Recent Comments