Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesRoad Freight Sub-Sector Code6. Appendix A: Road Freight Sector Owner Driver Scheme Policy6.2 Key Elements of an Owner-Driver Scheme |
There are certain elements typically required for a successful Owner-Driver Scheme:
| • | Sponsoring Corporate - provides the business. |
| • | Owner-Drivers - supply service |
| • | Owner-Driver responsibility in respect of the retention and development of the business. |
| • | Finance House. |
| • | Business Advisor (incorporating bookkeeper) |
A Business Advisor should be an independent party and must be paid a fee, agreed by all parties, which is part of the fixed cost of an Owner-Driver's structure. While the accounting function is essential, Business Advisor's must have specific transportation and vehicle management skills.
