REG No (153-386 NPO) 13892 Extension 13 SOSHANGUVE 0152

Website: www.saentrepreneurs.info

0765680381/0711027974/0603282697 Email: info@ saentrepreneurs.info

COMPANY PROFILE

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CONTENTS

1. INTRODUCTION

2. BACKGROUND

3. VISION STATEMENT

4. MISSION STATEMENT

5. CORE VALUES

6. GOVERNING BODIES AND MANAGEMENT COMMITTEES

7. SERVICES

8. TARGET MARKETS

9. OPERATIONS

10. GUARANTEES/WARRANTEES

11. ANNEXURES

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COMPANY PROFILE FOR

SOUTH AFRICAN ENTREPRENEURS (SAE)

PRESENTED BY

Mr. TEBOGO TIMOS SERITHI

NATIONAL CHAIRPERSON AND FOUNDER OF SAE

The content of this report is confidential and is the sole property of the SAE

Organization. Its use is strictly limited to those readers authorized by the

organization. Any reproduction or divulgence of the content of this information

without the written consent by the organization is strictly prohibited.

1. INTRODUCTION

South African Entrepreneurs (SAE) is an initiative formally designed and founded by a

collective of South African entrepreneurs who own and run small businesses across all

different industries and sectors in South Africa. It is a NPO incorporated under the South

African NPO Act. The idea for the formation of this initiative was to introduce

collaboration methods amongst entrepreneurs throughout the nation.

This concept started as a whatsapp group and has in a short space of time culminated into

the formulation of a Non-Profit Organization (NPO) whose main objective is for

entrepreneurs to inspire one another and come up with solutions to every day to day

business challenges. These include guidance on various business-related challenges,

providing platforms for Business to Business transactions and setting and attaining

common goals through interaction and collaborations. The platforms are also used by

participating entrepreneurs to market and advertise their businesses, to acquire business

partners as well as joint venture collaborations.

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2. BACKGROUND

SAE was initiated by Mr. T T Serithi through a whatsapp chat on 05/11/2014. This also

resulted in the establishment of a Facebook page where entrepreneurs can interact and

share their skills, knowledge and expertise. The original whatsapp chat group has

subsequently divided interaction and collaboration into provincial chat groups which are

spreading across the nation with multiple entrepreneurs sharing and participating. The

initiative is formalized as a Non Profit Organization. While the need grew for this

initiative in a more than an online mode, members were in agreement that a National

Board together with a National Executive Committee in the Non Profit Organization (to

deal with day to day activities and administration) be established.

Mr TT Serithi was appointed as the first SAE National Chairperson/President and

Chairman of the National Board of Directors. Along with this, additional subsidiaries to

guide and formalise the process of constitutionalising a Non-Profit Organisation (NPO)

were elected from the membership at the time. The committees now form the ultimate

governing bodies of the SAE NPO.

3. VISION STATEMENT

To become an exceptional leader in the provision of entrepreneurial- related services.

4. MISSION STATEMENT

4.1 To increase and diffuse entrepreneurial incubation and development

opportunities in the broader South African economy.

4.2 To inspire entrepreneurs into creating long-lasting entities that will enhance

economic viability and sustainability across the country.

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5. CORE VALUES

5.1 Entrepreneurial Sustainability.

5.2 Responsible stewardship.

5.3 Embracing the rich diversity of South African entrepreneurs.

5.4 Respect for different cultures, regions, religions, and political views.

6. GOVERNING BODIES AND MANAGEMENT COMMITTEES

6.1 Governing Bodies

The SAE Organization governing bodies are divided into-

The National Board of Directors and the Provincial Board of Directors

6.1.1 SAE National Board of Directors

The SAE National Board of Directors is the highest committee in the SAE

Organization and consists of representatives from the National office;

President/Chairman of the Board, Vice President , National Secretary,

National Deputy Secretary, National Treasurer, National Chief Financial

Officer, Auditor in General and National Executive Director and

representatives of the provincial office districts; Provincial chairpersons and

their Provincial Secretaries.

6.1.2 SAE Provincial Board of Directors

Provincial Board of Directors is the highest level of authority at a provincial

level, which consists of Provincial Chairperson, Provincial Deputy

Chairperson, Provincial Secretary, Provincial Deputy Secretary, Provincial

Treasurer, Provincial Chief Financial Officer, Provincial Auditor, Provincial

Executive Director and Regional Branch Managers.

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6.2 SAE Employees and Operations Management Committees

6.2.1 SAE National Executive Committee

The National Executive Committee is a liaison between the National Body, the

Provincial Body and the Branch level. It is the second highest committee of

the organization and consists of 6 members namely, Vice President, National

Deputy Secretary, National Executive Director, National Treasurer, National

Chief Financial Officer and Auditor in General. These office bearers form part

of the National office bearers.

6.2.2 Provincial Executive Committee

The Provincial Executive Committee is also a liaison committee between the

Provincial Board and the Branch level and has identical powers and

responsibilities as the National Executive committee. The officers comprising

the Provincial committee are Provincial Deputy Chairperson, Provincial

Deputy Secretary, Provincial Director, Provincial Treasurer, Provincial Chief

Financial Officer and Regional Branch Manager. The committees’

responsibilities are limited to their authorized district of operation.

6.2.3 Branch Committee

The Branch committee consist of 4+ members namely, Regional Branch

Manager, Branch Chairman, Vice Branch Chairman, Branch Treasurer and

Branch Secretary. It contributes a great deal to SAE through running events

and contributing towards professional development and network opportunities

for local members. The Branch Committee has the opportunity to create

branch official roles that would benefit the committee.

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7. SERVICES

7.1 MEMBERSHIP FINANCIAL ASSISTANCE SERVICES

7.1.1 Monthly Fund Allocation (MFA)

Status of participation: Participation is optional

MFA is an activity which involves the provision of financial assistance in a

form of a fee contribution by all participating businesses (members) by means

of a ‘stokfel’ from one business to another on a monthly basis. It is envisaged

that each member contributes a monthly amount of R200 towards this

initiative.

7.1.2 The SAE Project Fund

As one of SAE Organizations’ objectives, the SAE Project fund hopes to

provide financial assistance in forms of loans to SAE members since young

entrepreneurs and new businesses find it difficult to acquire loans from the

South African financial institutions. These include amongst others the funding

of collective projects/activities amongst or between members of the SAE and

is subject to reimbursement to the organization according to the terms and

conditions for loan repayments stipulated by SAE.

7.1.3 Project Share

Project Share by SAE is the function in which projects/tenders allocation to

members, researched and negotiated by SAE on behalf of its members take

place. Through its influential existence in terms of its operations and

collaborations and/or partnerships with other organizations, the organization

uses that to its advantage. On behalf of its members it negotiates fair project

allocation from big and or medium business, and the government through

direct or indirect approach by SAE and or direct approach by big and or

medium business and the government.

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7.2 DEVELOPMENTAL AND INCUBATION SERVICES

7.2.1. Business Support Services (BSS)

Through the SAE.BSS initiative, SAE intends to provide platforms for small

business through the presentation of opportunities to receive sales and

business support opportunities from big businesses and the government sector.

Through SAEs’ facilitator role between the big business/government and

small business sales transactions, SAE intends to introduce efficient ways to

enable a smooth transaction operation that is beneficial to both parties.

7.2.2. Entrepreneurial Skills Development

Raw and talented entrepreneurs particularly those coming from the

hometowns, the schools and the colleges will be given an opportunity to

collaborate and learn from SAE members who will assist and guide them, but

also teach them the necessary skills to become successful entrepreneurs. Once

this has been achieved SAE will help them to start their own businesses. This

will become an annual practice.

7.3 EXTRA BENEFITS

7.3.1 SAE Membership Advertising Services

Through the SAE website; www.saentreprenuers.info, free advertising services are offered to all SAE members with regards to providing online presence opportunities to all SAE members for developmental and online exposure opportunities. This initiative is encouraged and supported by a collaboration between SAE and Freelance Express (Pty) Ltd, a SAE member.

Free Advertising Benefits for all SAE members;

Bronze advertising package (sample here: http://www.saentrepreneurs.info/listings/keitumetse-mothobi-home-bakery/).

Access to all content on the website

One basic advertisement

Free directory listing and advertising within the website to all SAE members

Members are able to apply to take part in the different programs offers such as

Fund Allocation, mentorship, and workshops, and all programs offered by SAE.

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Members have access to the resources database where they can find useful

information, such as, government gazette documents, how to documents; with

relation to business developments and or others, SAE business templates, and as

well as tools to help them with their businesses.

Members can sign up for newsletters that will be sent on a continuing basis as

information and articles are added to the site. (There will be information available

– general – for non-members and specialized information for members).

7.3.2 Extra Charged Advertising Benefits for SAE members

1. Silver advertising package (sample here: http://www.saentrepreneurs.info/listings/category/jewellers-jewellery-shop/ ) this means the member can have a featured listing in the category of his/her choice.

2. Gold advertising package (Sample here:

http://www.saentrepreneurs.info/listings/eplotechs/) Advanced page for the member with more info about his/her business as well as a customized contact form.

3. Platinum advertising package (Sample here:

http://www.saentrepreneurs.info/listings/cherry-green/) the member will be able to sell up to 10 products, have a lot of space to add information as well as a personalized contact form.

8. TARGET MARKETS

South African entrepreneurs that have new business registrations/micro

enterprises and develop small businesses

South African high schools or tertiary dropouts

The South African unemployed individuals

South African Tertiary graduates in business courses or other

Successful/other South African small businesses

Successful/other South African medium businesses

Large/other South African businesses

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9. OPERATIONS

9.1 Membership participation structure

9.1.1 Participant identification

Participants are legal and local corporations as defined under out target

markets and who meet the South African Companies Act requirements.

9.1.2 Participation Requirements

- Appropriate legal documentation of the corporation from the CIPC.

- Valid ID Document of the Director(s)

- Valid Tax clearance Certificate from SARS

9.1.3 Membership fee

Each legally registered business, with a membership status of SAE,

contributes a monthly membership fee of R50.

9.2 Operations branch location

SAE is a national body with committees structured nationally, provincially

and regionally. It is subject to a regional branch allocation where

entrepreneurs (clients of SAE/Memberships) can approach institutions that are

representing SAE for SAE services managed by the SAE entrusted branch

committees.

Through every allocated SAE branch facility regionally, SAE provincial

districts will enforce governance through services rendered to entrepreneurs

by these branches. Regions as well as districts have a mandate to supervise

and monitor these branches through the appointment of a regional branch

manager, guided by SAE ethics as described by the National District.

10. GUARANTEES/WARRANTEES

In all the SAE services offered, clients and employees will be fully protected against

the organization’s failure at any given time.

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11. ANNEXURES

See annexures for contact details and examples of SAE businesses.

Some of the

SAE Members

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SAE ENTREPRENEURS CONTACT DETAILS

Name Contact no. Position Email Address Mr. T T Serithi 076 5680 381/

0720512592

President/ Chairman

briskceo@gmail.com

13892, Extension 13 Soshanguve 0152

Mr. B Bruiners 0711027974

Vice President

brendon@jb-s.co.za

02 Ellis Court, Ellis Road, SeaPoint Cape Town

Ms. Lumka Mabija

0603282697

Secretary

lumkizo@gmail.com 62 Mzwazwa Street,

7 Motherwell, Port Elizabeth

SA Entrepreneurs 0765680381/ 0711027974/ 0603282697

info@saentrepreneurs.info

13892 Extension 13 Soshanguve 0152

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PARTNERSHIPS

Members of SAE; as an organization, we provide developmental opportunities amongst our SAE

members by adopting our members services as part of opportunities provision.

External organizations in collaboration; the adoption of collaborative efforts with external parties to

help provide SAE abilities to meet its mission statements.