Helping you save your business post-COVID
The COVID-19 pandemic profoundly impacted the global economy, testing the resilience of many businesses. As we emerge from these challenges, the need for expert legal guidance in insolvency and business rescue is paramount. At Strauss Daly, our insolvency department has a long history of knowledge and experience. Our attorneys, known for their work as trustees […]
The stages of loadshedding
With the country’s economy already hard hit by the Covid-19 pandemic, the situation does not seem to be improving with the restrictions of the pandemic being lifted. But recently, the main culprit for the country’s ever tightening budget is the steadily increasing plague of loadshedding. According to well-known loadshedding app, EskomSePush, the power utility had […]
Is your business covered for loss of income?
It’s all well and good being paid out for your assets, but what about the foregone earnings in the meantime? Small business owners who have a short-term commercial insurance policy are often not aware that they may not be covered for the loss of income, under a standard commercial policy. Although a standard short-term insurance […]
How a Data-Driven Culture Can Transform Your Business
In today’s digital era, data has become an essential resource for businesses to grow and thrive in a competitive market. But not all companies are taking advantage of this opportunity. In fact, many organisations are still struggling to understand how they can benefit from their data assets and use them effectively to improve their performance. […]
Keeping things fair in the business race
The purpose of the Competition Act 89 of 1998(“the Act”) is to promote the efficiency, adaptability, and development of the economy, and to ensure that small and medium-sized enterprises have equitable opportunities. Certain practices, including restrictive horizontal practices, restrictive vertical practices, and abuse of dominance, are prohibited in terms of the Competition Act. The Competition […]
How to protect your business from credit card fraud
Anyone who’s ever had the misfortune to fall prey to credit card fraud, knows that it’s a huge hassle. If you’re running a business, you should be aware that your business may be at an even greater risk of having its financial data compromised, which can have much more serious implications compared to that of […]
How to avoid exhausting your human resources
Everyone handles life’s pressures differently, which is no exception at the workplace. Some job-related stress may be unavoidable, such as leading a meeting for the first time, pitching new ideas to a client, or handling a difficult customer. However, as an employer, you might unintentionally contribute to your employees’ stress by overworking them, resulting in […]
Your business can grow & flourish by going green
As the risks of climate change become more intense and prevalent in today’s world, businesses are feeling the pressure to adapt and rethink their business models, making sure they align with the needs of clients, employees, as well as the environment. The Main Advantages of a Green Office Why should you invest in a greener […]
Ways to grow your business as a sole proprietor
Running a business as a sole proprietor, especially in a highly volatile economy, is a momentous task. You started your business because you believed that, at least to some extent, you could make the world a better place and provide a service/product that would benefit others. Unfortunately, running a business is about more than just owning your area of […]
Banking law: The move towards financial inclusion in South Africa
Microfinance versus financial inclusion In order to define ‘financial inclusion’, its relationship with microfinance must first be understood. Microfinance is a financial service offered by financial institutions, such as banks, to low-income individuals, households and businesses. The financial institutions aim to grant such persons the opportunity to access financial services, which is an opportunity they […]