Government Tenders

How to successfully apply for Government Tenders (6 Steps with tips)

Here’s how to apply and win Government Tenders in South Africa and exactly how our Expert Company Services can make the entire process faster and easier.

If you’re considering applying for Government Tenders, here’s why you should and how to make sure you submit an application that ticks all the required marks.

Get your FREE business consultation today, by calling our TOLL FREE number right now: 0800 007 269!

Should my business apply for Government Tenders?

We talked to Tender Expert and How2Tender Director, Wynand Cronjé, to explain why the Government can be the ideal client to help grow your business.

“The bulk of Tender contracts are for periods of 2 to 3 years, which means companies delivering as per their bid proposal have sustainable contracts upon which to grow their businesses,” explains , the director of How2Tender.

“As the largest procurer of goods and services in South-Africa with a budget of roughly R1.56 trillion, the Government can be a very lucrative client.”

Are Government Tenders corrupt?

Many businesses have a common misconception that all Government Tenders are corrupt, says Cronjé.

“The bulk of tenders are awarded fairly and according to the preferential procurement act which factors in technical compliance, pricing and B-BBEE.”

“The key is to ensure you deliver compliant and effective bid responses. Educating yourself in this regard is crucial,” says Cronjé.

Central Supply Database

How can I find the right Tenders and make sure my Tender application are complete:

Simply follow the 6 steps below. In addition, we’ve added some helpful tips regarding the services we offer. We offer a wide range of Company Services to make life easier for South African entrepreneurs like you.

Government Tenders

Step 1: Find Government Tenders relevant to your business

The first thing you need to do is find a Tenders or a RFQ that fits your business. Tenders and RFQ’s are advertised in various places, ranging from newspapers to websites.

You can find the Government’s weekly Tender bulletins right HERE, unfortunately it’s usually over 200 pages long.

The easiest way to find the right Tenders and RFQ’s is probably Tender notification services.

A Tender notification service notifies you whenever there’s a new Tender available in your area that’s relevant to your business.

Helpful Tips

We offer three services that include a Tender Leads and Notification Service:

Government Tenders

Step 2: Ensure your business can complete the job

Winning a Tender simply means two things: first off all that the Government has chosen you as the most promising supplier and secondly, that you’re going to take on the Government as one of your clients.

Consequently you have to make sure you have the staff, the cash flow, the skills and the equipment to deliver the services the Government needs at the proposed rate and within the proposed timeframe – just like with any other client.

Luckily, if you don’t have the cash flow needed for a 2 to 3 year contract, there are funds and loans available from multiple institutions for Tenders.

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Helpful Tips

  • We offer a Tender Funding tool that connects you with over 300 funding options available, and assists you in finding the best loan / funding opportunities for your business, in South Africa.
  • Our Business Plan service empowers your business with a plan of action to direct your Company and to assure potential funders and loaners of your Company’s competency.

Government Tenders

Step 3: Register on the Central Supplier Database (CSD)

Your business has to be registered on the Central Supplier Database (CSD) in order to apply for Government Tenders.

The CSD is the Government’s list of approved suppliers. To get your business on this list, you have to complete an online registration on the National Treasury’s website where you’ll be required to provide your details along with compulsory Company documentation (also see step 4).

Once submitted, the Government will asses your documentation and add you if everything is in order.

Helpful Tips

We have SPECIAL on our CSD Registration CSD Package for the month of July 2017! Our documentation experts will register your Company for you for ONLY R290 (you save R700).

Government Tenders

Step 4: Get the required Company Documentation in order

Very often Companies apply for Government Tenders without complying with the list of requirements or without submitting the necessary documentation. Consequently will result in being eliminated before you even get a chance to compete with the other applicants.

Make sure you read the Tender Document thoughtfully and make sure you get all the required Company documentation in order.

Helpful Tips

We’ve employed a team of experts that know exactly what documentation you need for the Tenders in your industry, whether it’s be Construction, Security, Cleaning or other industries:

If you only need specific documents, call our TOLL FREE number, 0800 007 269, right now for a FREE consultation.

Government Tenders

STEP 5: Fill out your first Tender Application before the deadline

First of all, make sure you submit your application well before the closing date to avoid having an incomplete application, by the time of the deadline.

Allow yourself enough time to research what good Tender responses look like and how competitive your pricing can realistically be.

Helpful Tips

Our Tender Subscription Service includes guidance on your first Tender application.

Government Tenders

Step 6: Repeat the process until you reach Tender success! 

Now that you’ve completed your first Tender application, the trick is mastering your Government Tender applications.

As a result of great, competitive Tender responses you’ll be paving your way to Tender success soon enough!

Helpful Tips

Our Tender Subscription Service includes an hour consultation every month to assist you with future applications.

If you win a Tender within the first 12 months, we’ll sponsor your first year (R6000+)! Therefore we’ll return whatever you’ve paid in Tender License Subscription fees already.

Company Partners Tenders

Studies show SA entrepreneurs need Business and Tender assistance

Thousands of Tender and RFQs have already been released in the first 6 months of 2017. The only thing standing between SA entrepreneurs and Tender success is know-how and assistance.

Why South Africa is great for business and Tenders

South Africa’s entrepreneurship is ranked 55th out of 137 countries across the globe and second to only Botswana in Africa, according to the latest statistic by the Global Entrepreneurship and Development Institute Report (GEDI).

Company Partners Tenders

Our entrepreneurial culture shows high growth rates; many competitive opportunities and various venture capitalist who invest in our businesses.

Furthermore, we have strong numbers in exports and we’re great innovators, according to the GEDI’s research.

Contract opportunities are also abundant according to How2Tender director, Wynand Cronje. How2Tender assists entrepreneurs with the Tender application process.

“There are plenty of opportunities, including RFPs, RFQs and Bids, in circulation. These opportunities range from small to very large,” explains Cronje.

“The leading Tender lead distribution companies distribute anywhere between 5000 and 7000 tender opportunities per month.”

Why small businesses and start-up entrepreneurs are struggling to win Tenders and grow

Despite all the opportunities, thousands of entrepreneurs and business owners are struggling to stay afloat or to create business growth.

The GEDI’s statistics might reveal why so many entrepreneurs fail, despite their good intentions.

South Africa’s worst-developed entrepreneurial characteristic is startup skills. Our lack of business knowledge and skills significantly affects the success South African businesses.

In addition, Cronje believes most businesses don’t apply to the available Tender opportunities, because they lack the necessary knowledge.

“The most general excuse is that they can’t compete in corrupt procurement processes, which is a misconception. The bulk of Tenders are awarded fairly and according to the preferential procurement act. The preferential procurement act factors in technical compliance, pricing and B-BBEE,” he explains.

“The bulk of the entrepreneurs have a very basic understanding of public procurement and the legislation that governs it.”

How to get the Tender know-how and assistance your business needs

Company Partners’s Legal Expert Tsitsi Kinnear believes South African entrepreneurs often miss business opportunities, because they don’t have access to the right business resources.

“Bigger corporations usually have procurement departments who specialise in sourcing and applying for Tenders for the company. The average entrepreneur neither has the time or the resources to have that,” explains Kinnear.

“Some Tender documents can go for over 200 pages while using complex terminologies and phrases which can take hours to complete.”

That’s why Kinnear, and the rest of the Company Partners team, created a brand new Tender Subscription Service that assists South African entrepreneurs with all the know-how and assistance they need to apply to Tenders successfully.

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Click HERE to see how Company Partners can assist with in applying for hundreds of Tenders relevant to your business.

“We behave as that procurement department on behalf the client. We save time and valuable energy that the startup desperately needs to use in other areas of the business.”

This monthly Tender Subscription Service includes the following:

  1. Access to over 10 000 Active Tenders and over 300 Funding Opportunities;
  2. A list of all the documentation you need to submit a successful Tender Application;
  3. A Premium FREE BEE Affidavit (which replaced the BEE Certificate);
  4. Help with you first Tender Application and;
  5. A monthly consultation for all your future Tender Applications.

“As South Africans, we need to continue to increase economic growth, this is done by empowering the entrepreneur. A start-up winning a significant Tender not only aids the start-up themselves, but the economy through job creation,” says Kinnear.

If you’d rather like to sign up for a once-off Tender package you can read all about it, by clicking right HERE.

 

online shop

Starting an Online Shop has never been easier in SA

Online shopping is one of the fastest growing markets in the world, including South Africa. Here’s exactly why and how you should set up an online shop to grow your business in 2017.

It all started 23 years ago with one Sting CD.

A man named Phil bought an album from NetMarket in Philadelphia on the 11th of August 1994, marking which seems like the first online purchase in human history.

The New York Times had the perfect headline, “Attention Shoppers: Internet Is Open”. Almost two decades later and ecommerce business is booming.

By the end of this year, consumers worldwide will spend about $1.9 trillion on online purchases, according to eMarketer.com.

Online Shopping is the Future

The obstacles that stopped multiple online shopping sprees from following that one momentous album sale are problems of yesteryear today.

Almost half of the world’s Internet users will be making online purchases by 2018, says Statista.

More people have access to the internet; internet costs are dropping; reputable brands have online stores; payment are easier and more secure; and online shops can often provide better prices, instant customer reviews and free delivery to your doorstep.

As a result, Ecommerce is one of the fastest growing industries in the world according to Ready Cloud, a company that specialises in e-commerce software.

 

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South Africa’s rapidly growing Ecommerce Industry

In South Africa the current number of online shoppers is not nearly as impressive as the rapid growth rates.

South Africa’s online spending is expected to increase by a whopping 43% by 2018, according to Ipsos’s 3rd annual study on global ecommerce figures (a study commissioned by PayPal). That amounts to a grand total of R53 billion.

“The growth rate in South Africa is still exceptionally high, coming off a very low base”, explains Arthur Goldstuck, the managing director of the World Wide Worx (a research company focused on South African business tech).

“This indicates that there is tremendous potential in this market for new business models and even underexposed product categories,” he reveals in his interview with Moneyweb.

How to make the most of Ecommerce Opportunities in SA

South African entrepreneurs need to up their game in order to meet the level of ecommerce innovation in established Western markets, says Goldstuck.

Company Partner’s Branding expert, Daniel Coetzee, agrees.

“A lack of knowledge, hampers the level of ecommerce in SA,” Coetzee says.

Coetzee is part of a team of experts at Company Partners who assist Start-Ups with legal documentation and business growth.

“Most people have heard of the concept. They’ve heard of the possibility of turning their website into an online store, but they stay away due to lack of know-how.”

e-commerce website

How to get a started with your Online Shop

Consequently Coetzee recently launched a turnkey ecommerce service at Company Partners to assist struggling SA entrepreneurs with entering the ecommerce market.

“We offer the foundation and education to empower you to start selling your goods online,” says Coetzee.

This cost-effective service includes a website and an online shop setup, 3 hours of support and a series of online video tutorials.

“The opportunities of selling online are limited only to yourself. With an online shop you can cater to clients outside your usual sphere of influence.

“The best part is, it’s a 24 /7 trading platform. Allowing you to generate more revenue in a day without having to keep those extended office hours.”

To learn more about this ecommerce service, simply just click HERE. A whole new generations of shoppers are waiting for you.

3 Steps to Apply for Funding Opportunities in SA

Figuring out where to find funding for your business and getting all the qualifying documents to apply for one of over 300 funding opportunities can be a very difficult and exhausting task. That’s why we’ve boiled it down to 3 easy steps and tons of help along the way.

Let me guess, you’ve got a great business, but no financial support to apply for Tenders and to grow your business into the success you know it could be?

You have no clue where to start looking for funders or loaner who could be interested in backing a business like yours and you have no idea what legal documentation you need to apply to them.

Don’t worry. You’re not the only one. According to statistic, South African entrepreneurs experience funding, red tape and company documentation as the most difficult challenges in growing their businesses.

The South African Institute of Chartered Accountants (SAICA) conducted a study in 2015 that of over 800 small to medium businesses found that growth finance and government-generated red tape was two out of the 5 most challenging obstacles mentioned.

The other three obstacles were B-BBEE codes, labour laws and and tax laws.

Another study shows that multiple businesses may still be struggling as self-funded enterprises, just because alternative funding can’t be found.

“The majority of small business owners are self funded, with 63% reporting using personal savings while 20% found investment or a loan from a family member, partner or friend and only 6% turned to business angels or venture capitalists,” reads the World Wide Worx’s study on South Africa’s small businesses.

“It is possible that this is not by choice – 27% of small business owners cited access to funding as the biggest challenge to starting their business.”

Even if you are aware of funding or loan opportunities, it can be really frustrating working through hundreds of opportunities, knowing full well you might be disqualified from half of them, not knowing exactly what they’re looking for.

That’s exactly why we’ve crafted a 3-step plan to guide you through the process of finding the perfect funding opportunities and acing your funding application.

Step 1: Get your basic Company Documentation in order with one call

At the very least, you’ll need a company registration document; a business plan that includes your marketing, sales and financials; and a Tax Clearance Certificate to qualify for financial support.

Simply call our toll FREE number (from landlines) 0800 007 269 for your FREE consultation. Our team of experts can assists you with getting your Company Documentation in order in record time.

Requirements to access finance

Step 2: Sign up and fill out this form in 15 minutes

To address the need for an easy way to search for appropriate funding, Company Partners has teamed up with FinFind, a FREE app that searches databases of funders and loaners for financial support that fits your business. It also informs you of any documentation you still need to qualify for these opportunities.

Simply fill out the FinFind form (it takes about 15 minutes) by clicking HERE to find out what opportunities suit your business and / or what documentation you still need to apply to them.

If you still need documentation, simply refer back to step one and call our experts to sort you out in no time with your outstanding Company documentation.

Step 3: Apply for your personalised list of funding or loan opportunities

After you’ve made sure you’ve all the documents you need to qualify, FinFind searches over 300 funding opportunities to find the best fit for your business.

You’ll receive a list of personalised opportunities with the highest chance of success for your application.

Now it’s up to you to make the most of your nifty list. Apply to all of these opportunities, submitting all your required documents. Keep in mind these applications often take months to be processed by some funders or lenders.

If all goes well, you’ll be on a one way road to getting all the resources you need to grow your business into the Company of your dreams.

Requirements to access finance

Contact Company Partners today if you’d like to set your Business up for success on the following toll-FREE (from landlines), number: 0800 007 269.

Letter Of Good Standing

A Step-by-step Guide to getting a Letter of Good Standing so you can win those Tenders!

 Do you need a Letter of Good Standing to apply to Contracts and Tenders, but you’re not sure how, where and why? Here’s everything you need to know.

A Letter of Good Standing is essentially an official document that proves the Workman’s Compensation Fund (COID) will assist you in paying for any work-related injuries or harm to your employees, because your payments to the fund are up to date.

 

Why is a Letter of Good Standing required when applying for most Contracts and Tenders?

A Letter of Good Standing is basically a form of security to most clients as they want to make sure they’re not responsible for picking up the medical bill or life cover for anyone hired to work on their premises, in the case of work-related accidents or illnesses.

If you don’t have a Letter of Good Standing, your business probably owes the Workman’s Compensation fund money and more importantly, it means your employees aren’t covered by COID and your clients are not safeguarded in the case of a work-related accident on their property.

 

What precisely is the Workman’s Compensation Fund (COID) and why do you need to pay them?

Almost every employer (with a few exceptions that you can see by clicking HERE is required by law to register with the Workman’s Compensation Fund (COID).

This government fund helps employers pay medical bills or compensation, in the case of death, related to an injury on the job to any employee. However, there’s a yearly fee connected to this fund.

To find out more about the COID and why it will benefit your business, click HERE to read our article, What is Workman’s Compensation (COID) and why do you need it?

A Letter of Good Standing proves that you are in good standing with COID, with no outstanding yearly payments.

Without registering with COID or without paying your yearly fees, you’re not eligible for a Letter of Good Standing.

If you’d like a FREE consultation with one of our experts on getting your Letter of Good Standing in order, simply call our toll free number (0800 007 269) or email us at: support(at)companypartners.co.za

 

Here’s exactly how the process works in three steps:

STEP 1: Register your Company with COID

The first step in getting your Letter of Good Standing is registering your business with COID. During the process, you will have to pay a registration fee.

You can either register directly with the Labour Department or use our COID service, where our team of Experts will complete the process for you.

Our COID process only takes 25 days whereas working directly through the Labour Department can take up to 3 months or more. Plus we’ll send you all the forms and the updates straight to your email inbox.

Documents you’ll need:
  • Valid South African ID
  • Your Company’s Registration Document
  • COID Registration Form
  • Power of Attorney (this is only necessary when using our COID service, to legally permit us to complete the application on your behalf)
  • Proof of Payment for your registration fees

 

STEP 2: Submit your employee expenses

In this step you have to submit your Company’s total estimated wage and salary expenses for the year (according to financial years) in order for the Compensation Fund to calculate the amount payable to them.

They work out your fee as a percentage of your yearly total wage and salary expenses. This means you have to submit your wage and salary expenses (in a Return of Earnings document) every year.

The deadline for submitting your Return of Earnings and getting your new or renewed Letter of Good Standing is 30 April.

For first-time registrations, the submission document is included in the COID Registration form, as submitted in step 1.

Renewals, however, require a document called the Return of Earnings.

Once again, you can either work directly through the Department of Labour or you can use our streamlined service, avoiding long queues and confusing admin altogether.

SPECIAL FOR THE MONTH OF APRIL ONLY
Letter of Good standing (new or renewal) from COID at only R490 (SAVE R300)

Documents you’ll need:

  • A Return of Earnings Form (only for renewals)

 

Step 3: Pay your yearly / monthly fee to COID

In about 3 working days after your Return of Earning document submission, the Department of Labour will send you a Notice of Assessment (NOA) stating the amount payable to COID.

After you’ve paid that amount, you’ll receive a Letter of Good Standing proving your employees are covered for a year.

If you can’t pay the yearly cost in one go, you have a monthly payment option. However, you will still need to put down a 30% deposit. Unfortunately this option also means you’re Letter of Good Standing will only be valid from month to month, upon payment.

Whenever you neglect to pay your account or forget to renew your Letter of Good Standing by the end of April, the Compensation Fund will not cover your employees in that time.

 

Documents you’ll need:

  • Notice of Assessment (sent to you by the Department of Labour)
  • Proof of Payment for your yearly fees

 

If you’d like a FREE consultation with one of our experts on getting your Letter of Good Standing in order, simply call our toll free number (0800 007 269) or email us at: support(at)companypartners.co.za

How to create a Professional Company for under R3 000.00 in only two weeks

Company partners

So, you want to be your own boss, but you don’t know where to start? Here’s how you can set up your very own professional Company in three easy steps in under two weeks. No queues. No drama. Your future starts today.

Whether you want to grow your side hustle into your main source of income or whether you want to turn a great idea into an actual Company, setting up a professional Company for success is much easier than you think.

Thanks to Company Partners, a company that specialises in delivering Company Documentation and Start-up Services within record time, you can register your Company; develop a brand new logo and get a professional website within the next two weeks for only R2 970.00.

All you need is access to the internet, so you can submit the necessary documents via their sophisticated online system, and the determination to do what it takes to grow your Start-up into something spectacular after receiving your registration, logo and your brand new website from Company Partners.

Here’s exactly what you need to do to set up your business:

STEP 1: Get your Company registered (R990.00)

Do you have clear idea of what your product or service is; can you think of 3 to 5 Company names for your business; do you have an ID and a South African home address? Well then that’s all you need for the first step.

Simply sign up for a new Company Registration by clicking right HERE and Company Partners will let you know exactly what you need to submit via their online system in order for them to register your Company at the CIPC.

Then allow about 8 working days for your documentation to be processes and voila, you’ve got yourself a professional, registered Company.

Registering your Company allows you to apply for more Tenders and Contracts; it enables you to get an official business bank account and it minimises risk, because a registered PTY Company is considered a separate entity to an individual. This means there’s a smaller chance of you losing your personal belongings, if your business ever goes bankrupt.

It’s also a necessity to have a registered Company if you’d like to register for a BEE CertificateTAX Clearance or a Letter of Good Standing.

Company Partners’ limited special: get a Shareholder Agreement for only R1890.00 (SAVE R1000) from 15 – 31 March 2017 only! Call our Toll-FREE (from landlines) number, 0800 007 269, today to get your Shareholder Agreement special or click HERE to learn more.

STEP TWO: Get your own Company Logo (R990.00)

In order for you to function like a professional business, you need to look like one. Having a logo is the first step in differentiating your Company from all the other businesses out there.

You can develop a unique logo that’ll represent your Company to the world within a week. Company Partners’ logo service allows Start-ups to work with a professional designer at an affordable cost.

Just click HERE to order a logo today and HERE to see some of the logos Company Partners has designed for their clients.

STEP THREE: Get a Professional Website (R990.00)

Nothing conveys how serious you are about your business like a high quality website.

You can send all your potential clients to your website, where they can learn more about your products or services, your pricing and your contact information directly from their smartphones.

Just click HERE to order a website today for only R 990.00.

You can also check out previous examples of websites created by Company Partners by clicking right HERE.

Keep in mind you’ll have a monthly hosting cost of R75.00, but you’ll have your own website address, website design and up to 10 professional email accounts if needs be.

You can even add an online shop, so your clients can order products directly from your website, at an small additional charge.

Contact Company Partners today if you’d like to set your Business up for success on the following toll-FREE (from landlines), number: 0800 007 269.

5 Signs you’re an Entrepreneur

Wondering if you have what it takes to run your very own business? We’ve narrowed it down to the top tell-tale signs.

5 Signs you’re an Entrepreneur

Just do one simple search on Google and you’ll find an endless list of entrepreneurial qualities, all described as the trademarks of a successful entrepreneur: passion, business focus, drive, confidence, innovation, persuasiveness, determination, independence, curiosity, risk-taking, adaptability, self-discipline and the list goes on.

Not even Bill Gates have them all.

Luckily, the real determining factor, according entrepreneurial researcher Jesper Moe, is not whether or not you’re born as a “super-individual” with all these qualities, but rather whether or not you choose to develop these entrepreneurial qualities throughout your life. Thus, your attitude.

According to his paper, A Meta-analysis on who become Entrepreneurs, “becoming an entrepreneur is a possibility even if the individual is not in possession of the traits needed” as it’s more than possible to get help towards becoming entrepreneurial.

That’s why we’ve compiled a list of 5 real signs you’ve chosen the road to entrepreneurial success, rather than a list of qualities that you could Google in anyway. Here you go!

 

  1. You want to learn something new everyday

You’ve got the secret all figured out: knowledge is power and we all start out knowing nothing. Even Richard Branson had to start somewhere.

To you, finding the road to success is a matter of soaking up as much know-how and info as soon as possible.

You read books and business articles; you attend workshops; you watch YouTube videos on entrepreneurs and you dive into conversations with leaders in your industry or people you admire.

The only real failure is going to sleep tonight with the same amount of knowledge you had yesterday. If you have questions about starting up, feel free to call Company Partners for advice. 

 

REGISTER A COMPANY

 

  1. You’re on a daily mission to improve yourself

Just like anyone else, you were born with a set of strengths and weaknesses that you did not choose. It’s how you use those strengths and how much you underplay or work on your weak points that determine how much you can achieve with what you’ve been given.

According to Vivek Wadwat, a research director at the Duke Center for Entrepreneurship and Research Commercialization in North Caorlina, it’s still one of the most common misconceptions that people are born entrepreneurs.

“Although some research indiciates that entrepreneurship skills are genetic qualities, anyone lacking theses skills can learn them or develop weak qulities into strong ones,” explains Wadwat.

If you’re dedicated to honing those entrepreneurial skills that don’t come naturally to you, for e.g. business focus; confidence; innovativeness or self-discipline, you’ve chosen the road to success.

 

  1. You’re willing to take action, even if it’s risky

“Anybody can think up an idea for a business, but not everyone can put rubber to the road and actually grow something that both matters and earns money,” explains entrepreneurial blogger Caleb Wojcik. “Taking action is the difference between entrepreneurs and non-entrepreneurs.”

Sure you can fail, but Rome was not made in a day. It also did not build itself. A great idea means nothing if you don’t invest the time, money or effort needed to see if it can actually work and that usually requires taking some sort of risk.

Whether that means going into your own business full-time, investing some of your saving or simply sacrificing your free time to develop your business in the evening, while you pay your bills with your day job.

 

REGISTER A COMPANY 

 

  1. You have a passion to change the world for the better

One of the most common entrepreneurial traits mentioned in business research is opportunity spotting. This simply means you have the ability to spot problems in the world and solve them – like a real-life superhero.

Finding needs that are unmet within your community and investing your time and energy to find sustainable ways to fulfil those needs on an on-going basis is not only the basis of a good business plan, but also a sure-fire way to better the world.

 

  1. You’re ready to get up after failure, every time

If you Google quotes on success, you’ll find an overwhelming amount of them are focused on overcoming failure. The reason being, failure is both inevitable when you try new things and it’s necessary to finding new and better ways of doing things.

Hollywood director Steven Spielberg was rejected by multiple film schools, Steve Jobs was fired from his own company, Apple, back in the day and the famous fashion designer Vera Wang was a figure skater who never made the Olympic team.

Former UK Prime Minister Winston Churchill summed it up perfectly: “success is the ability to go from failure to failure without losing your enthusiasm”.

That’s why adaptability is one of the key qualities associated with successful entrepreneurs. You have to have the willingness to take risks and then you need to be willing to get up and change things up when they don’t work out as you planned.

REGISTER A COMPANY

 

What is Workman’s Compensation (COID) and why do you need it?

For the sake of unexpected events not costing you your business, we’re giving you all the important info on Workman’s Compensation and why SA Law requires you to protect yourself and your employees.

Leg and yellow helmet of injured lying worker at work.

 

Imagine this: you’ve employed your first employee. A later, your employee walks up the staircase leading to his office, eyes fixed into his cellphone screen, he trips and ends up with a serious spine injury.

As the injury occurred when your employer was on duty, you’ll probably have to pick up the medical bill, despite it being a little under R100 000.

You probably can’t dish out that kind of money and your employee needs to have the medical attention he deserves, which is exactly why the Department of Labour created Workman’s Compensation.

How does Workman’s Compensation work?

Workman’s Compensation is a type of insurance, instituted by the The Compensation for Occupational Injuries and Diseases Act. It protects employers from dooming civil claims and enables both casual and full-time employees to claim compensation directly from the Fund for work-related injuries and disability.

It even enables the dependents of an employee to claim compensation in the case of a work-related death.

You pay a yearly fee, determined as a percentage of the amount your business spends on salaries, and in turn the fund will help cover all your employees’ medical bills or compensation in the case of death.

However you need to register first. It can take up to months if you sign up via the Labour Department. That’s why using a service provider like Company Partners, is a great idea. Company Partners will assist you in getting registered in under three weeks.

More reasons to sign up for Workman’s Compensation:

  1. It’s the law. The Labour Department requires any employer with one or more employees to register for Workman’s Compensation.
  2. It can save you from bankruptcy. Large, unexpected medical bills can easily sink a small business, as hospital fees or ongoing medical expenses may amount to thousands per year.
  3. It helps with Tender applications. Tender applications usually require a Letter of Good Standing. As the law requires employers to register for Workman’s Compensation, you can only get a Letter of Good standing, if your Workman’s Compensation payments are up to date.

Important info to keep in mind

  • Outdated payments mean no coverage. It’s your responsibility to reregister your company and pay your annual Workman’s Compensation assessment fee. If you don’t the Fund won’t protect you or cover you employees. Company Partners reminds their clients when annual payments are due.
  • You might need more than one registration. Different branches within one company usually require different Workman’s Compensation registrations.
  • There are exceptions. The Compensation Fund won’t cover the following employees, according to the Compensation for Occupational Injuries and Diseases Act:
  • workers totally or partially disabled for less than 3 days;
  • domestic workers;
  • anyone receiving military training;
  • members of the South African National Defense Force, or the South African Police Service;
  • any worker guilty of willful misconduct, unless they are seriously disabled or killed;
  • anyone employed outside the RSA for 12 or more continuous months;
  • workers working mainly outside the RSA and only temporarily employed in the RSA

If you’d like to get your Workman’s Compensation registration in order in record time, click right HERE

You can also opt for the COID Package, which includes a Letter of Good standing, by clicking HERE

You can check out the Labour Department’s basic guide to the Act, by clicking HERE

6 Free Services to Grow your Business in one month

Let’s be honest, being an entrepreneur is tough. You need to drive every aspect of your business singlehandedly, like an expert – without having years of experience; truckloads of cash; or prestigious business qualifications. That’s exactly why Company Partners teamed up with South Africa’s leading Brands, in Business Growth, to give you some well-deserved support for FREE.

If you sign up for any ‘Registration’ or ‘Empowerment’ Service at Company Partners, you’ll receive a month’s access to 6 helpful Business ‘Growth’ Services, at no additional cost.

This means, while you’re getting your company’s documentation via Company Partners, you’ll also have access to 6 different Specialist Services for an entire month.

 

How to get FREE access to all these services?

Just take your pick from Company Partner’s wide variety of Registration and Empowerment Services, designed to assist you with ALL your business’s legal documentation.

These services all differ in pricing and each of them are tailor-made for everything from Tender Compliance to specific industries. You can check out a full list of offered services by clicking HERE.

 

The low-down on free services and how they can boost your business within a month

 

1. MiOffice’s Landline and Reception Service

Thanks to MiOffice you’ll get your very own landline and receptionist (for incoming calls) for free. You don’t even need an office.

MiOffice assigns a remote receptionist to an area-based telephone number of your choice. Your assigned receptionist will answer and redirect all calls to you. If you’re not available, your receptionist will SMS the caller’s details to you, at no extra cost.

If you can’t live without your new receptionist after your free one-month access, you can continue the service for R 450.00 per month.

Click HERE for more info.

 

2. TradeWorld’s – Business Opportunities Alert

Tenders mean big business, but very few entrepreneurs have the time, resources or money to search through hundreds of newspapers, websites and bulletins to find the right Tenders to apply for.

TradeWorld’s Leads and Tender Notification service will help you find the perfect Tenders, by mailing you on a daily basis of any tender relevant to your business profile and geographical region.

This service also includes unlimited access to tradeworld.sap.com and access to RFQs, which are below formal Tender value. Additionally, you’ll receive weekly Tender How2Tender hints and tips to ace those often complicated and confusing Tender applications.

After your FREE month has expired, you can sign up for as little as R365 (excl vat) per month, that’s an investment in your business of R16.00 a day.

Click HERE for more info.

 

3. Finance Connect via FinFindEasy (a SEDA partner)

Getting the right Loan, Grant or Investor to support your business is definitely one of the most challenging tasks as an entrepreneur. FinFindEasy, in association with Company Partners, will provide you with expert financing options.

You’ll receive access to FinFindEasy’s finance filtering system; a system, which allows you to find relevant financing options from the 300 options out there, based on your company’s location and its setup.

You’ll also have access to Finance Specialists, who will assist you with mapping out your Company’s best options.

Click HERE for more info.

 

4. Invoicing, Payroll and Accounting via Sage

Sales. Suppliers. Invoices. Inventory. Payroll… Things can get pretty complicated in terms of finances when you run your own business.

Which is why Company Partners offers you Sage One, user-friendly and online accounting software, perfect for the entrepreneur.

Using this software, you can instantly create invoices; track your finances and give your accountant access to all this data from one central point. Plus, you and your accountants can access it from almost any device with an Internet Connection.

With Sage One you can track sales, inventory, suppliers and purchases per client. Plus you’ll stay ahead of your payroll and all your due payments.

If you love this nifty software too much to let it go after your month’s complimentary access, you can sign up for R185 per month.

You’ll also have access to Company Partner’s accounting expert, readily available for consultation on monthly accounting services.

Click HERE for more info.

 

5. RaizCorp’s Business Growth Programs

Knowledge is power in the game of Entrepreneurship. Soak up valuable entrepreneurial know-how by using your FREE access to RaizCorp Business Growth programs.

RaizCorp coaches operational entrepreneurs by disclosing advice, motivation and business insights to help you take your business to the next level.

The best part is, you don’t have to pay up after one month. As a client of Company Partners, they sponsor almost all the programs you’d like to attend.

For very specific programs there may be an administration fee of R350, but more often than not these programs won’t cost you a thing.

Click HERE for more info.

 

6. Yellow Page’s online Business Directory

Register your business and its services or products for free on Yellow Pages’s online business directory when using Company Partners for company registration or other documentation services.

Registering on Online Yellow Pages might even help your company feature on the first pages of Google (locally) when potential clients search for your company.

Marketing Consultants from Online Yellow Pages will contact you after your free month has expired to advise you on your company’s marketing needs. Thereafter you can choose a package that suits you, if you’d like to continue this service.

Click HERE for more info.

 

What are you waiting for?

Contact us to place your order – and don’t forget to mention which FREE Services you want included in your package.

Email our support desk at support@companypartners.co.za or call our Toll Free number (from landlines) during business hours, at 0800 007 269, for free consultation. Terms and Conditions apply.

The road to Tender success in 4 simple steps

Winning Tenders means big businesses. Unfortunately, the application part is complex, time-consuming and labor intensive. Why not use the experts and boil the process down to 4 easy steps?

 Before you can bag a great contract to boost your business, you first have to find that perfect tender and submit a successful application. This always involves a ton of paperwork and proof of compliance with multiple requirements, as a method to weed out all the unfitting applicants.

Your ability to comply with the complicated application requirements in your Tender can be just as important as your business’s ability to successfully complete the project’s objectives, at a competitive price.

You could spend many frustrating hours working through this process by yourself or you can opt to use the experts, who know exactly what you need and how to get it as soon as possible.

Simply follow these four Tender steps to make things simpler for yourself:

1. Sign up with the documentation experts

There are a few basic documents that most Tender applications require.

Company Partners, a team of dedicated experts in tender documentation, can assist with getting the following documents, in record time:

  • A Registered Company Document (vital for any governmental Tender)
  • Tax Clearance Certificate
  • BEE Certificate
  • Shareholders’ certificates
  • Letter of Good Standing at the Compensation Fund
  • Many others as required by an industry

How to get your vital documents? Call Company Partner’s advisors for a FREE consultation at 0800 007 269 (toll-free from landlines) or just click HERE  to sign up for Company Partner’s Tender Package.

2. Sign up for Tender Notifications and a booklet on How-To-Tender

Before you can establish, which supplementary documents you need to submit, you’ll have to find the Tender you’d like to apply for.

You can either sift through multiple newspapers, bulletins and websites to find relevant Tenders or you can simply sign up to an online Tender Notification Service, which sends you industry- and area-related jobs right to your email.

If you do decide to sign up to Company Partners’ Tender Package, you’ll receive a month’s subscription to the “Trade World Tender Leads Service” FREE for a month.

TradeWorld’s tender service will send you personalized notifications based on your location and your business profile / industry. You’ll also have access to the available RQF’s (all projects below the formal tender value of R500 000).

Then you need guidelines of how to actually complete a tender application. Therefor you will also receive a booklet of the most important tips on ‘How to Tender’ (with weekly updates) FREE!

How to get FREE Tender Notifications and a booklet? Just click HERE for your FREE month’s subscription to TradeWorld Tender Notification Service, as part of Company Partner’s Tender package.

3. Collect your supplementary documentation

Depending on your specific tender’s requirements, you usually have the following documents left to submit (as certified copies), besides your proposal:

  • ID documents of the Directors or Members
  • Audited/reviewed financial statements of the last 3-years
  • Proof of Public Indemnity Cover (proof that you have insurance on any harm that may come to your employees, while they are at work)
  • Letter of Guarantee (a form of insurance from your bank, assuring that you will spend the allocated Tender money as promised)
  • Proof of Industry membership and compliance (documentation to prove your membership and compliance to the required institutional industry bodies)
  • Depending on your industry, Company Partners can also supply you with the services above.

4. Attend Workshops – to write your proposal based on expert-advice

You need an excellent proposal and a competitive price to bag a Tender.

To find out which elements make up an excellent proposal or appropriate pricing you can use the Tender Info provided FREE along with Company Partners’ Tender Package or you can attend any of TradeWorld’s How2Tender workshops:

  • 20 September and 22 November – SAP Offices Johannesburg
  • 4 October – SAP Offices Cape Town

How to sign up for workshops?  Just click HERE for your FREE Tender Info, as part of Company Partner’s Tender Package or email us for more information on the tender workshops: support(at)companypartners.co.za

That’s how you pave your road to Tender success!