South Africans feel a sense of entitlement when it comes to getting funding for their business. A lot of entrepreneurs come up with an idea and then expect organizations to fund them based on their brilliant business plan and the concept they present them. When they don't get funding they sit back complain, moan and either don't pursue it because of the barrier and either give up or keep wasting time searching.
As attorneys, we often include dispute resolution provisions in the agreements we draft for our clients. In many instances, alternative dispute resolution is a powerful way in which to resolve an array of different disputes.
For small and medium enterprises, to reach the peak of success and achievement, the owners (entrepreneurs) need to chalk out a plan of action and practice smart ways of paying taxes in order to avoid penalties.