Press Coverage

2018

  • JUST MONEY

    According to Daniel Van Zuydam, associate at Dommisse Attorney's, the basic principal that should always be considered is whether the agreement reflects the factual relationship. “If a person behaves like an independent contractor, then it is probably best that they are hired as one. If the person behaves like an employee, then it is best that they are employed as an employee,” says Van Zuydam.

  • Entrepreneur Mag

    Getting your start-up off the ground and scaling it up usually requires an injection of capital to ensure that you can get past the lean years. Many a start-up has been left to starve in the proverbial desert seeking the promised land of an equity funding raise and many start-ups have drunk from the poisoned chalice of a poorly aligned investor relationship. It is important that you don’t treat equity funding lightly.

  • Entrepreneur Mag

    Every early stage start-up company battles with restricted cash flow and not being able to pay market related salaries to their employees. Bulking up employee salaries with equity is a common method to attract, retain and incentivise top talent.

2017

  • Entrepreneur Mag

    There are thousands of start-ups out there trying to make it big with a game-changing idea. But, it’s only the ones with sound execution that can turn that idea into a success story.

  • Entrepreneur Mag

    Most business advice out there is on how to start and grow a business. And although this is crucial for obvious reasons, it’s also good to understand how to dissolve your business, should the need ever arise.

  • Entrepreneur Mag

    Some successful South African start-ups in the fintech arena that are worth mentioning are SnapScan (a point-of-sale solution using cellular phones), Yoco (a point-of-sale solution using very simplified tech to allow credit/ debit card sales for vendors of any size) and Luno (a Bitcoin exchange and Bitcoin wallet service).

  • Entrepreneur Mag

    In the early stages of a business there is often little or no revenue – so where does cash come from to keep the lights on? In our previous article, we discussed raising funds by bringing on new shareholders. Now we are discussing the opposite scenario – where you support the business with your personal funds rather than bringing on new shareholders. Ultimately, this is what start ups mean by bootstrapping: You, as the shareholder, get your business through a tough patch or an early stage growth phase with your own funds.

2016

  • Entrepreneur Mag

    There comes a time when your business needs an injection of capital to get over that hump. The hump might be the viability test for your product; the road to earning revenue; or the boost to take your business to that next milestone. Whatever it is for your specific company, finding the best way to raise the needed cash is an important and often challenging task.

  • Entrepreneur Mag

    As the brainchild of a start-up, it’s in your best interest to be one step ahead around decision making power and the effect new partnerships or investors could have on yours. If you don’t understand the legal authority given to each role player joining your business, your power can easily be diluted. This is overlooked by most start-ups, in favour of making tangible progress on product and sales.

  • Entrepreneur Mag

    When starting a business, for those entrepreneurs who aren’t legally minded, deciding what business form their start-up will operate as, might not be seen as an obvious starting point. The reality however, is that it is one of the most important decisions you’ll make, and so it should be the very first step you take in creating a start-up.