Our Blog
Why Growbridge
We have grown Growbridge to where it is today by growing relationships with our clients. This is what differentiates us from many professional firms who offer similar services. We can guarantee that the entire Growbridge team will know you by name and know your...
Good Advice on Getting Advice
A couple of days ago, I was catching up with a BEE advisor, discussing our product offerings and looking to share ideas and opportunities. Very quickly, it became clear that he had a high level of expertise but only looked at a project through the lens of his...
Succession Planning Part 1: What Is It and Why Is It Important?
Succession planning might sound like a boring business term, but for business owners, it’s about making sure your business keeps thriving even when you're ready to step back. Think of it like the award-winning TV series Succession, but ideally with fewer family feuds,...
Succession Planning Part 2 – Who Will Buy Your Business
You've Built a Valuable Asset - Make Sure You Get Something For It At Growbridge, we come across many businesses that are owner managed, but with no succession plan. Succession planning is not just a corporate catch phrase. In owner managed businesses this is one of...
The Wrong Side of Retrenchment
We are living in difficult economic times globally, and this means the risk of retrenchment is high. Companies are looking for ways to cut costs and, given lower production and output, the only option may be reducing the number of people they employ. This is a...
Considering Business Rescue? Read this first
Where a business is financially distressed, Business Rescue offers a good alternative to liquidation. Business Rescue creates a legal bubble in which the business is afforded time to implement a turnaround strategy. The following are some critical points for...
Lockdown Insolvency
Many businesses will become financially distressed over the lockdown period. Under Section 22 of the Companies Act, the CIPC can place a company into liquidation or business rescue where it becomes aware that the business has become temporarily insolvent or...