What Is a Shareholders Agreement? A shareholders agreement is an agreement between the owners of a company setting out how they are going to run the company together. Now Read Debt Relief Finance Scheme: SMME Development Dept.
Author: Jono
Welcome WIN4ME Natal Branch
We are excited to announce the opening of our Natal Branch Win4Me is a successful business broker that have been operating in Johannesburg for many years. We have now extended our expertise service to Tshwane and Kwazulu Natal. Our commitment coupled with our tried and tested process is our formulated recipe to sell your business…
Understanding the UIF’s Temporary Employment Relief Scheme (TERS)
As you by now know – clients can claim from TERS (UIF). However, more lenient coverage has come about with effect from 30.4.2020 and was broadcast by SAIPA today. Click here and here to download and read the documents for more specific information.
Wills
The team at PATC, led by Gavin Bacon, can assist you with your Will. In most cases, the preparing of the Will is free – Ts and Cs apply. However, as a start, you find in this blog post a list of the main information that will be needed. Please feel free to contact us…
Understanding COVID-19 Funding & How PATC Can Help You
Here is a comprehensive list of the various funding schemes and grants that you can take advantage of. The role PATC will play: Only after you have gone through this list yourself, they must highlight to us which they think they might be able to benefit from. a. The list specifies what criteria you will…
Business Rescue
At PATC, we assist with business rescue, which is defined by the Companies Act 2008 with an aim to facilitate the rehabilitation of a company that is “financially distressed,” by providing for: the temporary supervision of the company and management of its affairs, business and property by a business rescue practitioner, a temporary moratorium (“stay”)…
Debt Relief Finance Scheme: SMME Development Dept.
Kindly Note: This is a LOAN. It is NOT a ‘free’ Grant. If applied for and offered, the loan repayment will be favourable and interest rates as low a prime less 5%, however it is a loan. Small businesses (under R50m turnover) who are negatively affected are entitled to get assistance from the DSBD website….
PATC’s Coronavirus Management Plan
1. DO NOT PANIC Avoid physical contact with other staff members and clients. Do not touch your face – use a tissue if you have to or toilet paper and then throw it in the dustbin. Recommend to clients that they either email or call or facetime or skype. Do not refuse a meeting, but…
The Financial Implications of the President’s Lockdown Speech
Upon closer inspection of the official statement from the office of the President, this is my interpretation on it and not official advice. Using the tax system, we will provide a tax subsidy of up to R500 per month for the next four months for those private-sector employees earning below R6,500 under the Employment Tax…
Strategic Planning & Budgeting
During the process of strategic planning, budgeting for the long-term should be a major consideration. Trying to plan for long-term expenses often proves difficult for many people. Here are the basics of how to budget for long-term success. Determine Goals The first thing that you will need to do to plan is to decide exactly…
