The Business Bill 2013 in South Africa - Department of Trade and Industry

With respect to the Trade and Industry Department and Minister (Dr Rob Davies)

I am always positive in regards to my outlook – which is one of the reasons why, I might have found great opportunities, but there are moments in time when things are need to be said,
As you may know or may not know the Minister of Trade and Industry in S.A(Dr Rob Davies) has drafted the “Licensing of Businesses Bill 2013”

A business is an organizational or a brand that had an entrepreneur or a group of entrepreneurs that saw a gap/opportunity in the market and the Industry and seized/leveraged the opportunity via its products and services,

In the Draft it is said:

 “the state must respect, protect, promote and fulfil, the right of every citizen to choose their trade, occupation or profession and all rights in the Bill of rights which is the cornerstone of democracy in the Republic;

Provided impartially, fairly, equitably, and without bias;

AND IN ORDER TO-

Promote a culture of transparency and accountability in public bodies through legislative commands to ensure participation by every citizen in trade, occupation or profession,”

But with respect to the Trade and Industry Department and Minister(Dr Rob Davies) – the Draft goes against the constitution and probably grossly violates the rights of individuals that the constitution values 

The Business Plan - Advantages of having one

The Business Plan - Advantages of having one

Starting out Entrepreneurs often find themselves in a situation asking “What is a Business Plan?” and “Do I need a Business Plan?”

A business plan is a formal document that shows the proactive synergy from HR, Marketing, Sales, Finance, Accounting, Economics, Management, and Sustainability - perspectives of the future enterprise, it is a guide on how the business is operating and should be operated; it provides a sense of purpose i.e. the reason for being in business, and it should be continuously updated as the Organization grows,

So to answer the question above – Yes you do need a Business Plan – because honestly how would know if you have achieved something that you as an Entrepreneur have achieved something which is unbeknownst to you?