Broad-Based Black Economic Empowerment (BBBEE) is an economic policy which has been established by the South African government to grow the economy by accelerating the participation of black South Africans into the economy. The proper implementation of BBBEE is expected to result in job creation, skilled labour, sustainable businesses, empowered communities and increased black participation in ownership and management.

The key drivers behind BBBEE are government’s procurement policy and the preferential procurement element. Given that the BBBEE status equals 10 – 20% of the total score for government tenders, an inferior BBBEE status may be the reason for losing a tender.  Similarly, private owned businesses are placing emphasis on purchasing from suppliers with superior BBBEE ratings.

Significantly, a business with a superior level of BBBEE compliance has a competitive advantage over competitors with inferior levels of compliance.
Broad-Based Solutions (Pty) Ltd has been formed to educate and assist businesses to empower their employees, value chain and communities through meaningful and sustainable initiatives. We believe in true empowerment and our approach to consulting is based on this principle. For this reason, we are able to assist our clients to obtain a superior BBBEE rating and gain a competitive advantage over competitors, whilst achieving true empowerment.

The founder, Rafiek Allie, is an admitted attorney with six years BBBEE advisory experience. Through his knowledge of the BBBEE Codes and related legislation, he has successfully assisted clients of all sizes and within all sectors.

Broad-Based Solutions is located within Cape Town but we are able to render services throughout South Africa using Skype as a means of communicating with our clients outside of the Western Cape. You can contact us for advice or services on 082 9215 234 or rafiek@broadbasedsolutions.co.za

Developing a business plan for your business has become a critical part of any business success criteria. Without a plan your business will stumble along, and may very well survive but getting to a prescribed destination by a required time will always require a plan.

So what do we mean by a business plan? I was for many years very anti business plans. They seemed to take a bunch of time to write up and never seemed to serve any purpose. This was mainly due to the fact that the plans I encountered were crap and not worth the paper they were printed on.

So we embarked on a journey to discover the ‘perfect business plan’. Lots of input from banks and organisations and experts later, we now have a business plan template that is kick ass and has proved itself time and time again. Many competitions have been won and money raised using this plan template. We use it to teach, coach and mentor emerging businesses to greatness and sustainability.

How do you get hold of this template you ask? Well it could just be a few clicks away, if you are willing to take the step to change the future of your business.

Go here for more information and to check out links to the eBooks and videos that will help you gain insight into our way of planning for your business.

Have you ever considered what makes you do what you do and whats you not do the things you do not do. We explore these questions over a number of videos that will be posted here over the next few weeks. Here is the introduction:

Reading newspapers or scanning the whole web for the right filtered information has become a hassle and a waste of time. So we have made it a little easier for you. Each week we will post a new edition of Entrepreneur Weekly here for you to link to and read. It will contain all the relevant posts, articles, blogs, videos and tweets that are related to Entrepreneurship.
so never miss out on an opportunity again, just go to this link, subscribe and you will be emailed a newspaper each Wednesday morning. Cool hey, isn’t technology great. We love it.

The year has begun and the so has the fun.
We have looked ahead and planned some very exciting stuff for Business Owners and Entrepreneurs.

1. First up is the launch of our Blog Radio programme “A Word on Entrepreneurship” This online and radio based programme will contain 2 minute programmes with busts of energy and information useful to any business owner. Listen Here

2. We have launched a new look Mentoring Programme with 3 options to suit your time and financial budgets. Go here for more info.

3. And our ongoing Entrepreneur TV episodes will continue to educate and entertain. Go here to catch up on past episode and subscribe to ensure you keep up to date.

We also have some awesome news about to be announced to the world on some new exciting online education programmes. But more on that soon.