Women vs business recovery – a legal guide for female entrepreneurs
![Women vs business recovery – a legal guide for female entrepreneurs](/export/system/modules/za.co.heliosdesign.cdh/resources/images/audio-cover.jpg)
Women vs business recovery – a legal guide for female entrepreneurs
Podcast
Women vs business recovery – a legal guide for female entrepreneurs
Podcast
Lucinde emphasises the importance of recognising that female entrepreneurs often operate outside the mainstream business industry. Many women start businesses without fully understanding the available business and recovery options, the processes involved in business recovery, or the consequences of their business and negotiating decisions.
Lucinde stresses that access to practical and financial resources is crucial, as it enables entrepreneurs to obtain the correct legal and business advice, both when setting up a business and throughout its operation.
Lucinde also highlights the necessity for business owners to thoroughly understand the contractual framework that will govern their business relationships. This understanding is vital because there is often an imbalance in negotiating contracts, regardless of whether it is a female or male entrepreneur. For example, interest or penalties payable in the event of non-payment in terms of an agreement, or the consequences of exiting an agreement if the business relationship doesn’t work out. Understanding these details upfront is crucial—never sign a contract just because it seems short or straightforward.
The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2024 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.
Subscribe
We support our clients’ strategic and operational needs by offering innovative, integrated and high quality thought leadership. To stay up to date on the latest legal developments that may potentially impact your business, subscribe to our alerts, seminar and webinar invitations.
Subscribe