The business case for BEE ownership:
The preferential procurement framework, and the procurement scorecard in particular, mean that your corporate customers are heavily incentivised to buy from 51%+ BEE owned businesses.
Consider two identical businesses operating in South Africa: one ‘white’ and one ‘black’. The truth is that 51%+ BEE owned businesses have better sales opportunities and are thus more valuable than the equivalent white/foreign companies. For companies under R50M, BEE ownership also offers savings over the rest of the scorecard.
However, BEE deals can be complex and time consuming…and go wrong. BEE partner search and selection can be onerous. Transaction costs are real. You may risk fronting and criminal charges. And, with policies that change, reversibility is important.
Tuskers’ expertise allows you reap all the benefits of legitimate BEE ownership in a simple transaction with far lower costs than alternatives. You will stay the ultimate owners, and in control of your business. We can move as fast as you, and the ROI is solid.
Contact us to explore the ROI from BEE ownership for your unique business.