Self-Service legal document platform reduces the cost of SME compliance with over 65%
As the country moves into a time of unprecedented economic and social uncertainty, small businesses in South Africa are under increasing pressure to ensure that their legal documentation is in order so that they deal with rapidly changing circumstances in the most effective way. Contracts4biz was launched in 2018. Since then, SchoemanLaw Inc. has continually refined, reviewed and improved the platform. It has empowered thousands of entrepreneurs to date. This ground-breaking platform gives business owners a low-cost, fully automated option for Letters of Demand, Acknowledgements of Debt, Short working time, Retrenchment and various other critical HR documents, backed by a team of highly experienced lawyers, available as per usual during the lockdown and a 24/7 chatbot.
The Contracts4biz platform, created by law firm SchoemanLaw Inc. offers start-ups and small businesses quality contracts, without the expensive price tag. The cost for a whole year’s subscription to Contracts4biz is around the same price for one of these agreements if compiled by a lawyer in the usual way.
The cost is R99 (start-ups) and R249 (larger businesses) per month. Entrepreneurs have access to a suite of contracts which usually costs R80 000, which they can use as much as they want. The platform also offers a convenient pay-as-you-go option, through which contracts are available for between R75 and R395 per contract. “It’s essential at this time for small businesses to make sure their paperwork is in order,” explains founder and managing director of SchoemanLaw Inc., Nicolene Schoeman-Louw. “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.”
The Contracts4biz technology enables access to a suite of high quality and reliable legal agreements and documents that establish and maintain crucial relationships in business, such as NDAs, employment contracts, independent contractor agreements, JV agreements, HR documents, company resolutions and many more. Everything a small business needs to scale and now, survive in these difficult times.
It also offers a free business assessment, and several documents are free to download.
The platform is dynamic and customer-driven – new content is added when clients need. Registration is free, go to www.contracts4biz.co.za. What makes this product different is that SchoemanLaw builds a relationship with each user. There is no call centre, and users have direct access to arrange a consultation with an attorney or to reach out for legal support when they need to. Even when reverting to the traditional practice of law, the time frames and cost of the services are drastically reduced by over 75%! Another aspect is that this is a law firm product, which means that SchoemanLaw has a fidelity fund certificate. The protective measures and quality normally applicable to law firms apply. They are giving users peace of mind.
SchoemanLaw is one of the very few tech-enabled law firms, who are entirely remotely operational during the lockdown. They continue to offer their free 10 minute consultations and are producing and sharing legal tips in the forms of webinars, videos and blog articles for free during the lockdown. For more information, see their Facebook page, LinkedIn or Youtube Channel or website.