Chapter Name: National Small Business Development Act, 1996 and Amendment Act, 2004
Description:Establishes institutions and policies to support and promote small business development in South Africa.
Purpuse:To create an enabling environment for small businesses through support structures and government interventions.
Rational:Empowers consultants to support SMMEs as drivers of job creation and innovation in the economy.
Chapters Topics
National Department of Small Business Development (DSBD)
This topic covers the role of the National Department of Small Business Development (DSBD) in promoting and supporting small businesses, including policy implementation and resources for business growth.
Types of small businesses
Discusses the different categories of small businesses as defined by the Act, including micro, small, and medium-sized enterprises (SMMEs), and the criteria for classification.
Various implementation agencies
Explains the roles of various agencies and organizations that support the implementation of the Act, including the Department of Small Business Development and other entities involved in promoting small business growth.
Regulations and guidelines
Covers the regulations and guidelines set forth under the Act to help small businesses navigate the legal and operational landscape, including funding, support, and compliance requirements.