LEGAL RESOURCE CENTRE
FOR ENTREPRENEURS
Providing Business Law for Entrepreneurs
LEGAL RESOURCE CENTRE
FOR ENTREPRENEURS
Providing Business Law for Entrepreneurs
LEGAL RESOURCE CENTRE
FOR ENTREPRENEURS
Providing Business Law for Entrepreneurs
LEGAL RESOURCE CENTRE
FOR ENTREPRENEURS
Providing Business Law for Entrepreneurs
LEGAL RESOURCE CENTRE
FOR ENTREPRENEURS
Providing Business Law for Entrepreneurs
LEGAL RESOURCE CENTRE
FOR ENTREPRENEURS
Providing Business Law for Entrepreneurs
THE FIRST-EVER ONLINE LEGAL RESOURCE CENTRE FOR ENTREPRENEURS
We provide online and remote e-learning courses of essential legal principles, simple and effective legal tools and methodologies, information sharing on legal trends and changes, and services, including advisory and contract drafting.
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Fuelling and empowering entrepreneurs for business growth
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Making commercial and corporate law accessible to all
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Deconstructing and simplifying business law
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Transferring knowledge to entrepreneurs
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Focused on business efficiencies and growth
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Promoting the practice of preventative law and risk management
OUR OFFERING
LEGAL ACADEMY
Knowledge transfer
Knowledge transfer by practical remote-learning courses covering key topics including contract negotiations, compliance, governance, and labour law.
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Self-paced learning programmes backed by neuroscientific approach.
Blended and interactive models developed by specialists and legal experts.
Supported by tried and tested tools and methodologies -
- Legal health-check
- Assessments
- Toolkits
- eBook
LEGAL RESOURCES CENTRE
Continuous learning
Continuous support by creating a central repository of knowledge-based information on all aspects of current business law.
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- Articles
- Legal trends watch
- Legislative changes and case law reporting
- Case studies
- Q&A corner
- Legal Gems
- Videos
- In-person events
LEGAL SERVICES
Direct access to commercial lawyers
Direct access to experienced and skilled commercial law lawyers. Prepared documentation, workshops and webinars.
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Model frameworks and toolkits
Checklists
Templates
Consultations, assessments, workshops and webinars
Paid for legal services –
- Consultation and advisory
- Policy and contracts review and preparation
- Legal, risk and compliance audits
- Additional training and workshops
SPECIALIST SERVICES
Specialised services by industry or content
Dedicated industry-specific content including compliance and contracts for the banking, insurance, pharmaceuticals, and mining sectors.
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Specialised content
Including areas of interest or relevance such as:
- ISO compliance and audits
- Governance frameworks and audits
- AI advisory and documentation
- Deal-making and cross-border transactions
- Safety, health, quality and environmental compliance and audit
OUR PERSPECTIVE
The Significance of Business Law
Did you know that 50% of small businesses fail within their first five years? One of the key reasons for this is a lack of planning and understanding of Business Law.
Business Law is the foundation of every successful business, and it's essential for entrepreneurs to have a deep understanding of the legal landscape. In fact, research shows that businesses that have a solid understanding of Business Law are 30% less likely to fail.
At our Legal Resource Centre for Entrepreneurs, we're committed to providing you with the tools and knowledge you need to succeed in business. Our expert instructors are leaders in their fields, and they bring years of experience to the classroom and a richness in resources.
Our comprehensive courses cover a range of topics, including Contract Law, Intellectual Property, Taxation, and more. We teach you the latest methodologies and tools so that you can make informed decisions that reduce risks and increase success in the business world.
Our articles, latest case law, and changes in legislation will you keep you in the legal loop, providing on-going support. Workshops, webinars and practical legal toolkits models will provide you with tools and guidelines to enhance your business.
We understand that learning can be challenging, but our eLearning platform makes it easy. You can learn at your own pace and convenience, from anywhere in the world. Our interactive and engaging courses are designed to ensure that you stay connected and learn effectively.
What is Entrepreneurship Law?
Entrepreneurship Law refers to the legal framework that governs the creation, operation, and management of businesses.
It encompasses various legal aspects of starting and running a business, such as business formation, financing, intellectual property, contracts, taxes, employment, and regulatory compliance.
The purpose of Entrepreneurship Law is to provide guidance and protection for entrepreneurs and their businesses, as well as to promote innovation, economic growth, and social welfare.
Entrepreneurship Law can be a complex and dynamic field, and entrepreneurs may benefit from consulting with legal experts to ensure compliance and avoid legal pitfalls.
It encompasses various legal aspects of starting and running a business, such as business formation, financing, intellectual property, contracts, taxes, employment, and regulatory compliance.
The purpose of Entrepreneurship Law is to provide guidance and protection for entrepreneurs and their businesses, as well as to promote innovation, economic growth, and social welfare.
Entrepreneurship Law can be a complex and dynamic field, and entrepreneurs may benefit from consulting with legal experts to ensure compliance and avoid legal pitfalls.
Examples of Entrepreneurship Law
An example of Entrepreneurship Law in action is the process of incorporating a new business. Entrepreneurs may create a Proprietary Limited (Pty Ltd) company and comply with legal implications and requirements as per the Companies Act. The benefits include providing limited liability protection for owners, meaning that their personal assets are protected from business debts and liabilities. However, Pty Ltd companies must comply with certain state-level registration, reporting, and taxation requirements, as well as operating agreements that specify the rights and responsibilities of owners and managers.
Another example of entrepreneurship law is intellectual property protection. Entrepreneurs may seek patents, trademarks, and copyrights to protect their inventions, brands, and creative works from infringement and misappropriation. The process of obtaining and enforcing intellectual property rights involves various legal procedures and standards, such as novelty, non-obviousness, trademark distinctiveness, fair use, and infringement remedies. Properly managing and leveraging intellectual property can be critical for the success and competitiveness of a new business.
Another example of entrepreneurship law is intellectual property protection. Entrepreneurs may seek patents, trademarks, and copyrights to protect their inventions, brands, and creative works from infringement and misappropriation. The process of obtaining and enforcing intellectual property rights involves various legal procedures and standards, such as novelty, non-obviousness, trademark distinctiveness, fair use, and infringement remedies. Properly managing and leveraging intellectual property can be critical for the success and competitiveness of a new business.
The Impact of Business Law on Business Growth
Business Law plays a significant role in the growth and success of a business. As businesses grow, they must navigate increasingly complex legal issues related to financing, corporate governance, intellectual property, contracts, employment, and regulatory compliance. Here are some examples of how Business Law can support or hinder business growth:
1. Financing. Business Law provides the legal framework for
raising capital through various means, such as equity financing, debt
financing, and crowdfunding. Businesses must comply with securities laws and
regulations when selling securities to investors and must negotiate and execute
legal agreements with lenders and investors. Access to financing can fuel
Business growth by allowing businesses to expand operations, invest in new
products or services, and enter new markets.
2. Corporate Governance. Business Law provides rules and standards for corporate governance, such as fiduciary duties, shareholder rights, and board of directors' responsibilities. Effective corporate governance can help Businesses attract and retain investors, maintain transparency and accountability, and mitigate legal risks. It can also help Businesses make strategic decisions that support growth, such as mergers and acquisitions, joint ventures, and corporate restructuring.
3. Intellectual Property. Business Law provides legal protection for intellectual property, such as patents, trademarks, and copyrights. Intellectual property protection can give businesses a competitive advantage by allowing them to monetize their innovations, prevent competitors from copying their products or brands, and enhance their brand recognition and value.
4. Contracts. Business Law provides rules and standards for creating, interpreting, and enforcing contracts. Businesses must carefully negotiate and execute contracts with suppliers, customers, and other parties to support their growth objectives. Effective contract management can help businesses mitigate legal risks, resolve disputes, and foster long-term business relationships.
5. Regulatory Compliance: Business Law provides rules and standards for regulatory compliance, such as environmental, labour, and consumer protection Laws. Compliance with these Laws is critical for business growth because non-compliance can result in legal liability, fines, and reputational harm.
2. Corporate Governance. Business Law provides rules and standards for corporate governance, such as fiduciary duties, shareholder rights, and board of directors' responsibilities. Effective corporate governance can help Businesses attract and retain investors, maintain transparency and accountability, and mitigate legal risks. It can also help Businesses make strategic decisions that support growth, such as mergers and acquisitions, joint ventures, and corporate restructuring.
3. Intellectual Property. Business Law provides legal protection for intellectual property, such as patents, trademarks, and copyrights. Intellectual property protection can give businesses a competitive advantage by allowing them to monetize their innovations, prevent competitors from copying their products or brands, and enhance their brand recognition and value.
4. Contracts. Business Law provides rules and standards for creating, interpreting, and enforcing contracts. Businesses must carefully negotiate and execute contracts with suppliers, customers, and other parties to support their growth objectives. Effective contract management can help businesses mitigate legal risks, resolve disputes, and foster long-term business relationships.
5. Regulatory Compliance: Business Law provides rules and standards for regulatory compliance, such as environmental, labour, and consumer protection Laws. Compliance with these Laws is critical for business growth because non-compliance can result in legal liability, fines, and reputational harm.
In summary, Business Law provides the legal foundation for Businesses to grow and succeed. Proper management of legal risks and compliance can support business growth by allowing businesses to access capital, protect their innovations, make strategic decisions, foster business relationships, and mitigate legal risks.
What is Preventative Law?
Preventive Law is an approach to managing legal risks in business that involves taking proactive measures to prevent legal problems from arising in the first place.
Rather than reacting to legal issues after they have occurred, Preventive Law involves identifying and addressing potential legal risks before they become problems.
In the context of business, Preventive Law can involve several strategies, such as -
Rather than reacting to legal issues after they have occurred, Preventive Law involves identifying and addressing potential legal risks before they become problems.
In the context of business, Preventive Law can involve several strategies, such as -
1. Implementing Policies and Procedures. Businesses can implement policies and procedures that promote legal compliance and reduce the risk of legal problems. For example, businesses can establish employment policies that comply with labor laws, implement cybersecurity protocols to protect against data breaches, and develop product safety protocols to minimize the risk of product liability claims.
2. Conducting Regular Audits. Regular audits of business operations can help identify legal risks and compliance issues. For example, financial audits can identify potential tax issues, while environmental audits can identify potential violations of environmental laws.
3. Seeking Legal Advice. Businesses can consult with legal professionals to identify and mitigate legal risks. Legal professionals can provide guidance on compliance with laws and regulations, help negotiate contracts, and provide risk management advice.
4. Training Employees. Businesses can train employees on legal compliance and risk management. Training can help employees understand legal requirements and promote a culture of legal compliance within the organization.
5. Conducting Due Diligence. Before entering into business transactions, such as mergers and acquisitions, businesses can conduct due diligence to identify legal risks and ensure compliance with laws and regulations.
2. Conducting Regular Audits. Regular audits of business operations can help identify legal risks and compliance issues. For example, financial audits can identify potential tax issues, while environmental audits can identify potential violations of environmental laws.
3. Seeking Legal Advice. Businesses can consult with legal professionals to identify and mitigate legal risks. Legal professionals can provide guidance on compliance with laws and regulations, help negotiate contracts, and provide risk management advice.
4. Training Employees. Businesses can train employees on legal compliance and risk management. Training can help employees understand legal requirements and promote a culture of legal compliance within the organization.
5. Conducting Due Diligence. Before entering into business transactions, such as mergers and acquisitions, businesses can conduct due diligence to identify legal risks and ensure compliance with laws and regulations.
Preventive Law can help businesses avoid legal problems and minimise the cost and disruption of legal disputes. By taking proactive measures to identify and address legal risks, businesses can promote legal compliance, protect their assets, and position themselves for long-term success.
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