NEW CONTENT ON BEE CHAMBER WEBSITE
BEE CHAMBER / 01 APRIL 2019 - 06.14 / STAFF REPORTER
New BEE Templates
Available to Professional and Practitioner members only
The Industry Norm calculator
Do you know how to calculate your organisation’s target for Socio Economic Development or Enterprise and Supplier Development if your entity did not make a Net Profit After Tax in the year of measurement or did not make a profit on average over the last five years?
The Indicative Profit Margin would be used to calculate your target for Socio Economic Development or Enterprise and Supplier Development, provided the Net Profit margin is less than a quarter of the industry norm.
Download the Industry Norm calculator on the BEE Chamber website.
The calculator tool is an excel tool which assists you calculate and monitor your profit margin to ensure that you keep track of your Socio-Economic Development, Enterprise and Supplier Development targets.
Find the tool under BEE Toolkit, under Free Document Templates
Remember if you are looking for any other tool to assist you with your B-BBEE monitoring requirements and is currently not available on our website use the “Request a tool” function on the BEE Chamber website and our Technical Specialist will be touch with you within 48 hours of your submission.
Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER