The Schedule is Only Relatvant for BBBEE Purposes.
| BENEFIT | REASON |
| REDS relieves you of the task of doing it yourself | Undertaking your own ED initiative might consume too much time, manpower & financial resources. As a 3rd Party Facilitator we do it for you. Easily and Simply. |
| We do not charge you directly | We deduct up to 14.5% of your ED spend amount to cover our overhead costs.
This has no effect on your Scorecard |
| 125% Recognition
|
For ED there are 2 types of beneficiary – Category A & Category B.
Contributions to Category A = 125% recognition against actual value spent. All our Beneficiaries are Category A How Does this affect you? Effectively provides you with a 20% cost advantage R800 spent = R1000 Recognition. A Positive effect on Profits. |
| Your Scorecard | Once initiated (by you) and implemented (by us) you receive your Scorecard Points.
In most instances initiation and implementation is almost simultaneous |
| Extremely Cost Effective: | Given the above that all our beneficiaries are category A = 20% Advantage
We pass on our Tax Advantages = considerable savings costs to you A Comparison between REDS and a Non-PBO 3rd Party Facilitator shows a saving of 50% with us. Another view is that savings made on ED can effectively pay for your SED, and could mean as much as another 25% of your BBBEE Scorecard Points. |
| Corporate Exposure | Depending on the actual Initiative and its extent, it is possible for you to obtain corporate/product exposure. However please note that in the Donor Agreement entered into between us we agree that the Donor cannot at any time in the future stipulate any special conditions. We can however agree to special conditions prior to concluding the agreement |