Company Registration at CIPC, SARS, COID, CUSTOMS, CIDB & More
Get Compliant from Anywhere, Easy and Fast!
Late March 2020, South Africa braced for the unknown ‘new normal’ as Covid-19 cases increased and the country went into a “Hard Lockdown”. Little did we know that by December we would still be bracing for the great unknown. However – from my perspective, this time around the unknown brings with it some excitement. Let me explain why.
As one of the co-founders of Company Partners (Pty) Ltd, I have always experienced a deep sense of frustration when our clients (mostly start-ups) are held back by senseless government regulations. The limitations placed on small businesses to trade freely has for many years been stifling growth. The hard lockdown late March 2020 did not help, as the restrictions imposed by government where some of the worst restrictions seen in our history. The impact was devastating for start-ups, with the adverse effects being felt by approximately 95% of our clients, 50% of whom had to close their doors permanently.
March, April and May were dark months as we all know. Fortunately, since June we have seen a ‘V-Shaped Economic Recovery’ in the businesses of our clients. This V-Shape Economic Recovery in this case refers to most industries going through a chaotic and rapid short-term decrease; and then a strong swift recovery afterwards which brings the industry’s performance back to ‘pre-lockdown’. In our experience, most of our clients’ industries who were devastated by the hard lockdown are already performing at the same level they were in February 2020.
Most of these small businesses owners whose companies were ravaged by Covid and the Lockdown, now started new ventures. As the end of 2020 is fast approaching, we at Company Partners are under no illusion that the economy will take years to recover fully. However, it is not all doom and gloom, as the V-Shaped Recovery brings with it a host of new business opportunities which are ripe for picking.
Even though this year leaves us with more questions than answers about the economy in 2021, business confidence is growing. Most industries are again as vibrant as it has been a year ago; and many players have either closed down or condensed their operations. The fact that 2021 is a year of opportunity and growth is clear. The important question we as Company Partners leaders had to ask ourselves over the past few months is “How do we adjust our company’s plans NOW – so that we’re ready for 2021?” The answer came to us in 3 parts:
1. Cut anything distracting to your core business focus.
Services and functions in our company which were ‘nice to haves’, but not essential to our clients, were removed from our service offering.
2. Invest in your core value offering to clients.
We needed to provide more communication lines to our clients as there are now more ‘red tape’ when starting a business than ever before – and thus more questions. As such, our business consultant team needed increased capacity and training. We allocated funds accordingly, which have resulted in a better service experience for our customers which in turn stabilised our revenue.
3. Invest in technology which will help during and after the Lockdown.
As Company Partners we rely heavily on technology. Once again, we decided to allocate more funds into increasing our online capacity through the hiring of an additional system developer to improve our current system and the benefits it offers to clients (such as the integrated WhatsApp function). Technology is the future, and it must be embraced and strategically integrated with business operations for long term growth.
As the Directors of Company Partners, we believe that God has His hand on our beautiful country. Which includes every businesses owner and their staff – those whose hard work feeds our nation. Therefor we believe He gives all of us ample opportunity in many business industries, which the brave will take on. Even if you have had failures, we believe breakthrough is always there for the taking. For more info on my personal experiences in business – click here.
My advice to small business owners is to be extremely ‘aware of opportunities’ early January and February 2021. There will be opportunity in your industry – if you can act quickly and take those opportunities, your business (current or new) will be able to make the most of it and become much stronger than in 2019 and 2020.
We can assist you online from anywhere in the world.
0800 007 269 (Toll Free) during
Business Hours.
Our Office Hours
Mon - Thur: 08:30 am – 05:00 pm.
Fri: 8:30 am – 03:00 pm.
Sat: Closed.
Sun: Closed.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
PHPSESSID | This cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed. | |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
ss | session | This cookie is set by the provider Eventbrite. This cookie is used for the functionality of website chat-box function. |
TawkConnectionTime | session | This cookie is set by Tawk.to which is a live chat functionality. The cookie is used to remember users so that previous chats can be linked together to provide better and improved service. |
Cookie | Duration | Description |
---|---|---|
_gat | 1 minute | This cookies is installed by Google Universal Analytics to throttle the request rate to limit the colllection of data on high traffic sites. |
YSC | session | This cookies is set by Youtube and is used to track the views of embedded videos. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors. |
_gcl_au | 3 months | This cookie is used by Google Analytics to understand user interaction with the website. |
_gid | 1 day | This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the website is doing. The data collected including the number visitors, the source where they have come from, and the pages visted in an anonymous form. |
_uetsid | 1 day | This cookies are used to collect analytical information about how visitors use the website. This information is used to compile report and improve site. |
Cookie | Duration | Description |
---|---|---|
IDE | 1 year 24 days | Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. This is used to present users with ads that are relevant to them according to the user profile. |
MUID | 1 year 24 days | Used by Microsoft as a unique identifier. The cookie is set by embedded Microsoft scripts. The purpose of this cookie is to synchronize the ID across many different Microsoft domains to enable user tracking. |
test_cookie | 15 minutes | This cookie is set by doubleclick.net. The purpose of the cookie is to determine if the user's browser supports cookies. |
VISITOR_INFO1_LIVE | 5 months 27 days | This cookie is set by Youtube. Used to track the information of the embedded YouTube videos on a website. |
Cookie | Duration | Description |
---|---|---|
_gat_UA-59636902-1 | 1 minute | No description |
_uetvid | 1 year 24 days | No description |
CONSENT | 16 years 6 months 23 days 10 hours | No description |
outbrain_cid_fetch | 5 minutes | No description |
RUL | 1 year | No description |