BEE has long become a business imperative in South Africa, and is fast becoming a component of competitive advantage. In challenging economic times, the last thing your business needs is to be left out of the running because of legislative non-compliance. However, many businesses (particularly SMME’s) struggle with understanding and implementing the Codes of Good Practice on Broad Based Black Economic Empowerment and how this can make strategic business sense.
Betterbiz Consulting is a licensed agent of Transcend Corporate Advisors (TCA) and focuses on selling and delivering TCA’s BEE advisory, consulting, training and software products and services adapted for the SMME market at affordable market segment prices. Transcend Corporate Advisors is South Africa’s leading empowerment and transformation resource delivering sustainable, effective and value-adding strategic BEE interventions to its clients.
SMME B-BBEE services include:
- Sale, delivery, installation, and user training of Transcend’s Integrator BEE Electronic Scorecard management tool
- BEE Health Check- assisting to establish your current state against the codes of good practice scorecard.
- Supplier research- taking the donkey work off your back we will collect your suppliers certificates on your behalf as per the requirements of the procurement component of the scorecard.
- BEE Strategy / Action Plan – identifying the gaps and the “how” part of closing the gaps to achieve a future desired position of compliance.
- BEE verification preparation – assisting to prepare the portfolio of evidence your company will require for an official SANAS accredited verification. This includes introducing you to an accredited rating agency and managing the process on your behalf.
Four simplified and high level steps of a basic intervention is shown below:
B-BBEE for Larger Businesses: