Continuation of Pre-existing Companies Article by Roy Bregman Every pre-existing company continues to exist as a company as if it had been registered in terms of the new Act, with the same name and registration number. Pre-existing companies incorporated under section 21 of the old Act are recognised as non-profit companies under the new Act [...]
April 23, 2012
Building Business Partnerships that Work
Partnership agreements allow the establishment of a legal business entity without all of the complicated procedures associated with a corporation. For example, a partnership does not need to file articles of incorporation with the government, nor does it have to maintain corporate minutes. By establishing a partnership agreement with specific provisions, the partners establish and [...]
April 23, 2012
Code Of Good Practice: Dismissal
SCHEDULE 8 (CODE OF GOOD PRACTICE: DISMISSAL) of the Labour Relations Act deals with some of the key aspects of dismissals for reasons related to conduct and capacity. Article by Roy Bregman Dismissals for Misconduct Misconduct can be best described as the employee’s failure to adhere to the rules and policies of the employer. The [...]
April 23, 2012
Product Liability in Terms of Section 61 The Consumer Protection Act, 2008
The Consumer Protection Act, 2008 (CPA) came into effect on the 1 April 2011. Until then a consumer had to enforce its rights either under the common law of sale (and had to show that the sold goods were unfit, or partially unfit, for the purpose for which they were intended to be used) or [...]
April 23, 2012
Increase in Basic Conditions of Employment Act Threshold Earnings
The Basic Conditions of Employment Act, 1998 (BCEA) provides employees who earn below a threshold laid down from time to time with certain basic employment rights that entitle them, e.g., to: work a maximum of 45 hours in any week after which they must be paid overtime (sections 9 and 10); insist on a one [...]
April 23, 2012
Good Management
Photo Source Flickr: Author:gcoldironjr2003 Management has become a word used to describe people in leadership positions in a company. So a manager is a leader by default. So what if you are in the position but clearly not meeting your obligations, what does that make you? Management is art and science rolled into one. It [...]
April 23, 2012
Opportunity Evaluation
“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” Abraham Lincoln Opportunity Evaluation is an excellent process in getting you started and keeping you focused on trivial issues in developing your idea. You must be as critical as possible or else you and your idea [...]
April 23, 2012
Business Ideas
“I have this great idea and all I need is funding to get this idea up and running and I’m going to make millions from it!” Well you have what seems to be a great idea, but now we are going to help you evaluate your idea to see if it could be a [...]
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April 23, 2012
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