Exploring The BEE Certificate “Packages” & The Way The Compliance Is Achieved
The BEE certificate becomes a real necessity when you need to take your business to the next level, but also if most of your competition is already there and grabbing valuable customers, suppliers or clients from you. All in all, the certification is given according to the percentage of black people in the leadership or management. I have to agree that it took me a while to realize that my construction company needed this compliance, but the more I learned, the more details I found. The compliance opens up new opportunities to conduct business with the government, which can actually be an advantage for my firm. At the same time, it looks like the certificate underlines the membership to the elite. Suppliers, partnerships and collaborations will inevitably step in, not to mention about the powerful marketing impact of this compliance.
I run into Turnkey BEE at one of my suppliers’ recommendation. I asked for some tips and he recommended opting for the certificate for a more spectacular growth. Besides, there are a few complexes scheduled for construction during the next ten years, but not having the compliance does not make my reputable company a good candidate for the job. I rushed to the official website to document myself and learn more. I found the application for download and a small form to get a quote. I completed it and got a reply by the end of the day.
Packages offered by Turnkey BEE
Turnkey BEE does not provide some actual packages, but a few different types of BEE certificates, which depend on your business type. The industry you operate in is not relevant. When interested in the final costs, your yearly revenue is the factor that makes the difference. From this point of view, you have three major possibilities:
- EME (Exempt Micro Enterprise) applies to businesses with a yearly revenue under R5 million
- QSE (Qualified Small Enterprise) applies to businesses with a yearly revenue between R5 million and R35 million
- Generic applies to businesses with a yearly revenue above R35 million
The more money you make, the more you will have to pay for the certificate. Tricking the system is impossible because you need to submit papers about the yearly turnover. There is no point in attempting any tricks anyway because the differences are insignificant. The lowest certificate costs R900 only. At the same time, providing false information is illegal.
Industries supported by Turnkey BEE
According to Turnkey BEE, it looks like the certificate is given according to the papers you submit, as well as the industry you are part of and the competition. While trying to find out more from the customer service, it seems that the industry is somehow irrelevant because any kind of business can get the certification. Therefore, it makes no difference if you are involved in forestry, transportation, tourism, health care, finances and so on. But then, I was also told that some of these industries come with customized scorecards, so what works for some of them will not work for any other field.
Learning about the BEE certificate
Luckily, the Turnkey BEE official website carries most of the essential information regarding this compliance. The FAQ section has answers to some of the most common concerns, while the legislation section provides access to the legal requirements, verifications and codes of good practice. I did have a few questions though, but the customer service handled my queries in no time. Other than that, obtaining the BEE certificate took less than a month in my case. I submitted the required documentation within the first day though.