“If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.”
Lee Yuan Kew
For the Entrepreneur & the Mompreneur
When I commissioned the Throwing Clay logo, I was firm on one thing: I wanted the woman to be balanced on the words Throwing Clay. This was and is because Throwing Clay was created to provide balancing support to the women who are endeavouring to bring life to their dreams on multiple fronts.
Working in an industry where businesses are routinely assessed for feasibility, it has become more and more apparent to me that entreprenuers are extraordinary beings who have in them a creative seed that can change the way the world works.
Henry Ford summed it up best. “If I had asked people what they wanted,” he said, “they would have said a faster horse.Henry Ford
But sometimes, rather tragically, the greatest idea can fail because the nuts and bolts of the foundation are not quite right. Small things like failing to be considered for contract because you perhaps do not meet the criteria. How you house your idea can change that instantly. Understanding the tax consenquences of a large personal payment versus a payment to your private company can save you a pretty penny. Tax on a R100 000 in your hands can go up to R45 000. Tax in a company goes up to R28 000. And remember how a trust used to be cheaper? It’s not anymore. Even more importantly, the legal impact of losses in a company versus in your personal name. The considerations are many.
Corporate law is my niche. You focus on the creating, we’ll take care of the nuts and bolts of setting you up for success. With the right support, even when you do not succeed, you fail forward. A win/win by all accounts.
Nothing is impossible for those who act after wise counsel and careful thought.
What can we take off your plate?
For the registration of a new company and its registration with the South African Revenue Service for tax purposes, a nominal fee of R1500 will be charged to cover disbursements and the very bare minimum of costs.
Insight into, and navigation around, common difficulties facing new and/or family-owned businesses as well as basic structuring advice to ensure efficiency and functionality will be provided at no additional cost to save the cost of a consultation with a corporate lawyer.
However, should your needs be more complex e.g. your taxes might as well be a knotted ball of yarn, we can connect you with one of the many talents in our network who can help at a reasonable cost.