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Ghameeda Idalene's 2-Minute Taste-Test On Registering A Business

Before you get stuck into the recipe, test your skills in this supa quick 10-step assessment below. Then, try again at the end to see your improvement. 

Click below to begin the assessment.

Start

Question 1 of 10

What opened Ghameeda's eyes to registering a business?

A

Working at Workshop 17, and the young entrepreneurs around her.

B

Operating within a 9-5.

C

Her boss fired her, and she registered her own business out of spite.

Question 2 of 10

What key piece of advice does Ghameeda give for entrepreneurs registering a business?

A

Start watching the movements of any potential competitors in your industry.

B

Keep track of trends and know when to start.

C

Start recording your income and expenses.

Question 3 of 10

Why is doing things under the radar a bad idea?

A

It will always catch up to you.

B

You give SARS less work, because you're acting independently.

C

You won't learn how to do taxes.

Question 4 of 10

Ghameeda turned R500,000 debt into a refund by doing what?

A

Looking at ways to reframe the debt and turn it into profit.

B

Begging SARS to help.

C

Redoing the books, utilizing Xero to do recordings of all the incomes and expenses.

Question 5 of 10

When do you need to do the two provisional tax submissions each year?

A

On Christmas, and at the start of January.

B

At the end of August, and at the end of February.

C

On any public holiday.

Question 6 of 10

Ghameeda mentions the problem of trading without recording your transactions. What is that problem?

A

You could save money by forgetting to pay someone.

B

You'll become SARS' favorite business.

C

When an opportunity comes up, but you can't find the necessary information to take advantage of it.

Question 7 of 10

What is the first thing to do when registering a business?

A

Get a hashtag trending on twitter.

B

Create your own CIPC profile.

C

Call your competitors to rub it in their faces that you're gonna register.

Question 8 of 10

What does CIPC stand for?

A

Company Intellectual Property Commissioner.

B

Currently Interrogating People Committee.

C

It doesn't stand for anything. Just CIPC.

Question 9 of 10

What's one of the reasons why you should register your business with CIPC, according to Ghameeda?

A

It's really hard, but worth it if you succeed.

B

It's easy and nothing to be afraid of.

C

It builds character.

Question 10 of 10

If it were necessary, what kind of person should you outsource your registration to?

A

Someone knowledgeable.

B

Someone fast.

C

Someone you could watch Netflix with.

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