I hope you have evaluated yourself on why you are doing the things you are doing. I assume that you have decided that you are doing what you are doing in order to build a sustainable business. We all know what a business is, one offers a product or a service at a price. This is however not the side I am looking at this week. I want to look at the structures behind the transactions. Out of the 5 business structures we have in South Africa I am specifically looking at a company ( Pty Ltd). This has ownership and management. Owners are the founders, and directors and it is required that there should be a board where decisions and other matters are discussed. Then we have management(CEO,Managers) these are the people that manage the daily operations of the company. We have to understand that you can own and not manage a company. So when you start a business you need to decide on what you intent to do in the company. You can be owner or the manager. Howev...
We talk about thought provoking issues affecting businesses in the rural areas of South Africa and how to innovate, excel and create wealth for the coming generation.