Hi
I have a business that I think is meeting targets but I want expand my horizon and start doing business with other well established businesses the problem is the *BEE certificate,I hear its advisable to have a female equity partner so I can be seen to be empowering,how can I empower when I am still not empowered? currently I have employed 5 people (youth) on full time and 2 casuals,total employment is 7. Five females (2 casuals) and 2 males I am the sole director.
My question is based on these set up,how will my BEE certificate look? Will I also benefit from preferential procurement & economic development as stipulated in the B-BBEE requirements for big businesses since I am black and have majority female workforce? What chances will I get to get a business from this large business I am intending sending business proposals to?
I am troubled by equity I can't just give people part of my company for nothing,and I am struggling to get a business partner who shares my view on business,I want to keep making decisions for my business,that is control the business and hand it to my children in future,how to get a good BEE without shifting power in my business? What would you recommend?
I have a business that I think is meeting targets but I want expand my horizon and start doing business with other well established businesses the problem is the *BEE certificate,I hear its advisable to have a female equity partner so I can be seen to be empowering,how can I empower when I am still not empowered? currently I have employed 5 people (youth) on full time and 2 casuals,total employment is 7. Five females (2 casuals) and 2 males I am the sole director.
My question is based on these set up,how will my BEE certificate look? Will I also benefit from preferential procurement & economic development as stipulated in the B-BBEE requirements for big businesses since I am black and have majority female workforce? What chances will I get to get a business from this large business I am intending sending business proposals to?
I am troubled by equity I can't just give people part of my company for nothing,and I am struggling to get a business partner who shares my view on business,I want to keep making decisions for my business,that is control the business and hand it to my children in future,how to get a good BEE without shifting power in my business? What would you recommend?
