Issue Date: 
Monday, September 21, 2015

10 Ways To Do Enterprise Development

Enterprise Development is one of the most current buzz phrases in South Africa. Everybody from Government to Large Corporates to SMME's must either perform Enterprise Development or must be the beneficiaries of Enterprise Development.

According to the Stellenbosch Business School Enterprise Development is defined as "the act of investing time and capital in helping people establish, expand or improve businesses. Enterprise development helps people to earn a living; it helps them out of poverty; and it leads to long-term economic growth for themselves, their families and their communities."

Enterprise Development is a Priority Element on the Amended B-BBEE Codes of Good Practice that came into effect on 1 May 2015. If your business does not achieve a subminimum of 40% for Enterprise Development then your business' B-BBEE Score will drop a level - in other words if your business achieved a Level 4 but you do not achieve 40% in Enterprise Development your business is going to be discounted one Level to a Level 5.

Fortunately there are many ways to comply with Enterprise development and because it is very easy to calculate how much your business have to spend (1% of Net Profit After Tax or NPAT for short), it is fairly easy to score the maximum available points on your B-BBEE Score Card. Just remember that there needs to be proper recordkeeping of all the Enterprise Development spend that you do.

Also very important to remember is that both Large Businesses as well as Qualifying Small Enterprises (QSE's) must comply with this element.
10 ways to spend Enterprise Development are:

  1. Provision of training or mentoring by suitably qualified entities or individuals to SMME's which will assist the SMME's to increase their operational or financial capacity; A Good example of this is How2Tender.com's Enterprise Development package!
  2. Investments in beneficiary entities (SMME's);
  3. Loans made to beneficiary entities;
  4. Guarantees given or security provided on behalf of beneficiaries;
  5. Direct costs incurred by a measured entity in assisting and hastening development of beneficiary entities;
  6. Contributions made to settling service costs relating to the operational or financial capacity or efficiency levels of beneficiary entities;
  7. Relaxed security requirements or absence of security requirements for beneficiary entities unable to provide security for loans; 
  8. Settlement of accounts with beneficiary entities over a shorter period of time in relation to the measured entity's normal payment period, provided the shorter     period is no longer than 15 days;
  9. Providing training or mentoring to beneficiary communities by a measured entity;
  10. Payments made by the measured entity to suitably qualified and experienced third parties to perform Enterprise Development on the measured entity's behalf.

Enterprise Development must not be confused with Supplier Development. Any money spend on Enterprise Development cannot be claimed as Supplier Development as well.

How2Tender's workshops provide much insight into the Amended B-BBEE Codes of Good Practice as well as how to use B-BBEE to your advantage when you want to tender and much more. Please visit our website for more details www.how2tender.com or email estelle@how2tender.com should you need any assistance in this regard.

Title Closing Date Tender No.
Appointment of a Service Provider for the Configuration, Development, Support and Maintanance of Sharepoint Services for COGTA for 24 months 2019-10-18 11:00 COGTA (T/ 02/ 2019
Appointment of an Independent External Auditor for the Provision of External Audit Services to the Cbe for a period of three years 2019-10-11 11:00 CBE 5/ 2019
Appointment of a company to purchase and deliver a compressor for the Council for Geoscience. 2019-10-23 11:00 CGS- 2019- 38F
Appointment of a company to supply and deliver drilling equipment at the Council for Geoscience as and when required for a period of three (3) years 2019-10-23 11:00 CGS- 2019- 39F
Appointment of a Service Provider to Supply Base Station and Airborne Magnetic Sensors for the CGS, South Africa 2019-10-22 11:00 CGS- 2019- 035A
Request for Appointment of a service provider to render repair and maintenance of all air systems for the Council for Geoscience’s Pretoria Offices for a period of three (3) years 2019-10-22 11:00 CGS- 2019- 036A
Appointment of Service Provider to Upgrade and Installation Of Security Systems With Support and Maintenance for a period three (3) at Council for Geoscience Head Office. 2019-10-22 11:00 CGS- 2019- 034A
Appointment of a service provider to supply the Council for Geoscience with two Gravity Meter and two ruggedized tablet computers 2019-10-25 11:00 CGS- 2019- 033S
Appointment of a service provider to provide various services related to various laboratory gases used by the Council for Geoscience laboratories in Silverton for a period of three (3) years. 2019-10-29 11:00 CGS- 2019- 032S
Appointment of a panel of Attorneys to serve the Commission for a period of 36 months 2019-10-11 11:00 10- 2019/ 2020
Appointment of a Service Provider to conduct business process re-engineering project to Compensation Fund for a period of eighteen (18) months 2019-10-21 11:00 TCF 04: 2019/ 2020
Media and Advertising 2019-10-14 11:00 SAT Uk 001/19
Appointment of a service provider to provide technical accounting and tax training 2019-10-14 11:00 RFP196/2019
Invitation to Accredited Service Providersto Submit Proposals for The Technical Support of the Columbus Enterprise Suite 2019-10-18 11:00 CIPC BID NUMBER: 04/ 2019/ 2020
Appointment of a service provider for the removal, treatment and disposal of Health care risk waste at the Health Sites (Point of entry) for a period 24 months. 2019-10-21 11:00 NDOH 22/ 2019- 2020
Appointment of a service provider for the hiring of venues for the 2019 Annual Public Sector Innovation Conference as well as the Annual Public Sector Innovations Awards Ceremony 2019 to take place from 27 - 29 November 2019 in Gauteng Region 2019-10-11 11:00 CPSI001/ 2019
Rustenburg Magistrate Office: DOJ conversion and upgrading of old SARS building and total upgrading of the existing court facility to include among others, upgrading of emergency generator, cash hall, air conditioning system, plumbing, roofing, electrical installation, access control and security measures and provision of client special operational ICT requirement 2019-10-23 11:00 MMB 2019/ 055 EC
Request for Proposals for a debt collection services for the ARC for a period of three years. 2019-10-21 11:00 ARC/ 11/ 09/ 19
Appointment of service provider/s to provide physical security guarding services for Mpumalanga Provincial Office, Nelspruit, Thulamahashe and Ermelo District Offices for a period of twenty four (24) months. 2019-10-21 11:00 Stats SA 005/ 19
Provide Mcafee information security systems services for the Department of Defence (DOD) for a period of three (3) years 2019-10-04 11:00 RFB 2010/ 2019

Pages

2 items that determine tender pricing

Article by Werner van Rooyen

www.howtotender.co.za

31 January 2019

Many bidders that respond to tenders struggle when it comes to calculating a price for a specific tender. One of the reasons for this is that a large number of Small Business Owners are usually new to the tender process and therefore they lack the necessary experience to price their bids correctly.

Without getting into the fundamentals of accounting there are two basic items that determine your... Read More

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