Ensure your business survives and thrives

Traders Den

Business and lawyer discuss before sign in contract. negotiating a contract

By Nicolene Schoeman-Louw


The reality is that legal services are often one of those aspects left unattended by
entrepreneurs; there are many reasons for this. Be that as it may, the outcome is that there
is a direct connection between neglected legal risk and business failure. Even without a
crisis – South Africa has over a 60% failure rate. Inadequate attendance to the legal needs
of the business statistically has the same outcome as no attendance. What the statistics
show is that inadequate solutions seem to be based on financial and other barriers denying

We also know just by speaking to entrepreneurs, that many businesses have resorted to
using free templates from unreliable sources. Where reliable templates are obtained – they
are often incorrectly utilised or completed, which renders these completely useless.
What we have seen to date is that COVID-19 and the national lockdown has amplified this
trajectory. So, now more than ever having legal ducks in a row will be the fine line between
survival and demise, especially for small businesses. “Dealing with employment and tax
issues, and applying to relief funds will require the correct documentation. The costs of being
compliant can be prohibitive at the best of times. Right now, every cent counts, and we’re
working hard to help companies get on top of their affairs cost-effectively.” explains founder
and managing director of SchoemanLaw Inc, Nicolene Schoeman-Louw

It is because of what the data has taught us, that SchoemanLaw identified the need to use
Technology in a traditional law firm as a unique way, long before COVID-19 hit us all.
Contracts4biz was the result of this realisation. It offers reliable legal contracts, no prior legal
training required, easy to put together, instantly available to download and are made
available at an affordable price. Contracts4Biz is supported through help texts, 24/7 chatbot
free podcasts, videos, blog posts and training events.

Contracts4biz launched in 2018 and since then, has empowered thousands of
entrepreneurs. The innovator behind this is law firm SchoemanLaw Inc in Cape Town, who
has won a number of awards and accolades since its launch:
 Winner Gender Mainstreaming Awards 2018: Unlisted Companies – Women
Empowerment in the Workplace
 Finalist 702 Cape Talk Nedbank Business Accelerator 2018
 Winner WOZA Women in Law Awards 2019: 6+  Women Lawyers
 Finalist Standard Bank Top Woman Awards Top 2019: Gender Empowered
Company: Diversity & Inclusion Award
 Finalist African Legal Awards 2019: Best use of Technology
 HiiL Innovating Justice Challenge Class of 2020

The platform is also ever-evolving and ultimately, customer-driven. Documents are added
as and when customers request them. All the materials are also frequently updated to
ensure that they align with the latest best practice. There is no need to leave small business’
legal needs unattended ever again!

Email: enquiries@schoemanlaw.co.za
Website: www.contracts4biz.co.za
You Tube Channel: www.youtube.com/channel/UCwX3EkI8N3XtxCSxqIa7GYg  
SchoemanLaw Inc Website: https://www.schoemanlaw.co.za/publications/
Tel: 0214255604
Facebook: https://www.facebook.com/SchoemanLawInc/
Linkedin: https://www.linkedin.com/company/2641852/

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