Category Archives: Business

Directors and Shareholders: There’s Hope If You Forget Companies Act Compliance Requirements

The “new” Companies Act is pitted with clauses requiring that special resolutions be passed. There are also instances where as directors you are required to take certain actions such as recusing yourself if there is a conflict of interest. It … Continue reading

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Vet Your Suppliers! Good Stakeholder Relationships Will Boost Your Profits

Suppliers play a strategic role in your business because if they fail to deliver on time or with the required quality, they can cause delays in your organisation. These delays will inevitably have a knock-on effect to your customers. How … Continue reading

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Aggrieved Minority Shareholders – You Have Plenty of Options

The Companies Act gives directors substantial leeway to run a company and gives them considerable powers to do this. So how does it protect minority shareholders who disagree with how the directors operate the business? What remedies are available to … Continue reading

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Frightening Fraud Statistics – Protect Your Business Now!

A global organisation which focuses on internal (i.e. management, owners and staff) fraud, recently released some sobering findings. Understanding them is your first step in protecting your business from serious loss. In Sub-Saharan Africa Over 60% of frauds were committed … Continue reading

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How Flattery and Peer Pressure Can Really Help Your Business

Imagine you get an email from a charity asking you to participate in an event 60 kilometres away on Saturday. The email details how much good it does for the environment and long before the end of the email, your … Continue reading

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Developing Your Senior Staff: Let Them Run Meetings

One underrated but important aspect of an organisation is its ability to run effective meetings. Problems are identified and strategies are put in place to chart a successful way into the future. In smaller businesses invariably the most senior person … Continue reading

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Litigation Funding: An Affordable Way of Accessing Justice

In the life-span of a business, there will almost certainly be a protracted legal process. To a small or medium-sized business, this can prove ruinous as legal costs can be prohibitive. Current solutions You can sell your claim but the … Continue reading

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In 2017 There’s No Place for Hedgehogs When Forecasting

“A fox knows many things, but a hedgehog one important thing” (Ancient Greek poet Archilochus) Looking into the future is one of the most important aspects of business. We all want to know the business is sustainable and so we do budgets and strategic … Continue reading

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Directors Don’t Like Goodbyes

“Parting is such sweet sorrow” (Shakespeare) One of the predicted negatives from the Companies Act (the Act) and the King Codes was it would be difficult to find directors. The Act and King Codes put extensive liabilities on directors, encouraged … Continue reading

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Business rescue: How well is it doing and how can we improve it?

Business Rescue (BR) is one of the cornerstones of the “new” Companies Act. It is generally agreed that the BR section of the Act is based on global best practice and is of a very high standard. Virtually all business … Continue reading

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