5 Reasons Why Joint Ventures Fail
Joint ventures are collaborative arrangements where two or more businesses decide to collaborate for a common purpose such as bidding for a tender.
Open and Effective Competition when Bidding
If one looks at the General Procurement Guidelines that National Treasury issued to Government Departments, it is clear that Government wants the tender process to be fair, equitable, transparent, competitive and cost-effective exactly as Section 217 of the Constitution of South Africa requires.
5 Rules When Starting Your Own Business
There are many people who dream of starting their own business. There are many people who actually go out and start their own business and then they fail dismally. There are horrific statistics of how many start-up businesses fail within the first two years. Some say as many as 80% of all start-ups fail within the first two years and of the remaining 20% another 80% fail in the following three years. The four businesses that survive the first five years will most probably be successful and exists for some time.
Imported content - 8 important things you need to know
7 security features when registering on the Central Supplier database
One of the hottest topics in the South African tender environment is the Central Supplier Database (CSD). If you want to do business with the South African Government you must be registered on the Central supplier Database.
Central Supplier Database Versus Vendor Registration
As you know the Government has launched the Central Supplier Database on 1 September 2015. One of the purposes is "the establishment of a Central Supplier Database (CSD) that will result in one single database to serve as the source of all supplier information for all spheres of government.
Tender Scoring and Tender Fraud
We are asked by many people that attend our How-to-Tender workshops if all tenders are not awarded fraudulently. Our straight and quick answer is no, not all tenders are awarded on a fraudulent manner.
The Difference Between Supplier and Enterprise Development
The Amended B-BBEE Codes of Good Practice came into effect on 1 May 2015. This means that any business that has a turnover of more than R10 million per annum and that participates in B-BBEE will have to comply with these Amended Codes.
4 Requirements for Start-ups
In the tender process it is essential that an enterprise has some experience of the supply that it wants to tender on. In fact, the more experience the enterprise have in supply the better its changes of being awarded a tender.
Am I Ready to Tender?
Recently it has become clear to us that there is this misconception that if you have a registered business you are ready to tender. This couldn't be further from the truth. People think that if they have a registered company, a tax clearance certificate and a B-BBEE certificate or affidavit they are bound to be successful in responding to tenders. Unfortunately there are other requirements that you have to comply with in order to be ready to tender.