BEE LEVELS

1. BEE Industry 1.1  How is BEE Compliance Expressed and what BEE Levels is considered Compliant? BEE CONTRIBUTION LEVEL SCORECARD POINTS PROCUREMENT RECOGNITION 1 100 or above 135% 2 85 to 99.99 125% 3 75 to 84.99 110% 4 65 to 74.99 100% 5 55 to 64.99 80% 6 45 to 54.99 60% 7 40…

Marketing Tips for Small Business

The Marketing mix Factor in the usual product, price, place, promotion and people – with special emphasis on the last three – in your marketing mix. “Location, location, location” has become a mantra in retail, and it is still the golden rule to ensure success. Promotion is important as you will have to attract customers…

The 7 Steps to a Complete Sales Process

For you to close more and make more sales, your approach must be methodical and organized. There’s no room for random and confused sales tactics that can work sometimes, but not every time. Familiarize yourself with those 7 steps to a complete sales process, and identify which parts you’ve been doing right and which steps you should improve…

DTI Grants and Funding

The South African Department of Trade and Industry (DTI) is a government department with a vision to facilitate a globally competitive and dynamic industrial South African economy through promoting structural transformation, provide a competitive, predictable, equitable and socially responsible environment that is conducive to investment, trade and development of enterprises and entrepreneurs. It seeks to…

Cooperatives contribute to poverty alleviation

Cooperatives are catalysts for economic growth and sustainable development for disadvantaged, vulnerable and marginalised communities as well as those with limited resource capabilities, says the Minister of Small Business Development Lindiwe Zulu. “The sustainability of these enterprises contributes to poverty alleviation, giving poor people the opportunity to lift themselves out of poverty and its associated…

The 6 PR Tips Every Startup Should Employ

Today there are more than 30 startups in the United States, Europe and China that are valued at $1 billion or more and that number is expected to increase. With 100 million startups opening up each yearand 472 million entrepreneurs worldwide, competition to become the next big thing is brutal. What does this mean for startups looking to establish their brand,…