5 weaknesses of business rescue in South Africa

desperate evicted male entrepreneur standing near window
Don’t wait until it is too late…

I was recently tasked via an assignment to write a paper, publishable in a reputable legal journal, on the “Five weaknesses of the business rescue procedure in South Africa”. The task was set by the brilliant and indomitable Professor Juanita Calitz.

This was partly in pursuance of the respected Certified Business Rescue Analyst certification at the prestigious University of Pretoria. The qualification itself is overseen by the Turnaround Management Association – the South African chapter.

It allows one to practice as an official Business Rescue Practitioner – an official of the courts in South Africa.

I was awarded a distinction for my work. You can download it from the link below. Let me know what you think!

Why am I pursuing the path of Business Rescue?

Those that know me, know that I go out of my way to help individuals with their finances. I am now the most demanded financial adviser and financial planner in South Africa.

My business partners and clients requested that I extend my talent and passion to rescue businesses in financial distress.

Why would a financial adviser dabble with business rescue?

Because it ultimately is a form of financial advice, requires investment advice in the form of post commencement finance and it saves businesses that provide jobs!

And this is where I thrive.

Like when I entered financial services to show people that I can be the broker that they can trust, I want to now show directors, creditors, suppliers, employees and business owners that there will soon be a BRP (business rescue practitioner) that they can trust to be ethical and provide an honest view on whether there is a reasonable prospect of saving their business or place of work, in financial distress.

If there is a reasonable prospect, I will remain committed to map out and implement the business rescue plan in the quickest time possible.

Wish me all the best!

5 reasons why pleasure is not happiness

We all know the feeling of pleasure. It’s that momentary burst of joy we feel when we finally get what we wanted. But is it really happiness? In this article, we’ll explore 5 reasons why pleasure is not happiness. What is happiness? There are many different interpretations of what happiness is. For some people, happiness …

Read more

Income Protection Insurance: 3 Reasons Why

Insurance, in general, is a grudge purchase. From all the insurances (life, car, home, credit and funeral), we believe that you should protect your income first. Income determines the quality of life you live. Consequently, income protection insurance is very important. In this article, we discuss income protection insurance. Then we highlight three more reasons …

Read more

Tax Calculator

Hi we partnered up Excel-Skills International to provide an online tax tool for South Africans. The tool is in a trial phase, hence the accuracy has not yet been ascertained and is missing a few important steps. We are working on better tools. In the interim, if you need a qualified tax practitioner to consult …

Read more

A Tool To Calculate Life Insurance Needed.

“How much of Life Insurance do I need?” A question frequently asked. So we did what most financial advisers can not do. We coded a Life Insurance online calculator just for you. It’s free to use, we explain the calculation methodology and is a first for South Africa! [Not covered in this article are Keyman …

Read more