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Merit Business Institute specialises in business skills training. The company works with a wide network of competent facilitators and is therefore able to implement solutions that drive business performance. |
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About Us >
Services Seta accreditation number (0627)
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MANAGEMENT VALUES
Merit Business Institute is owned and
run by Mark Deavall and therefore is a privately owned
business. As such, as Merit Business Institute has a very
small full time staff compliment, it is not foreseen in
the medium term, that the senior management positions and
ownership will change. This however will be reviewed on an
annual basis or as the need arises. We are open to any
approach that will enhance the ability of Merit Business
Institute to better serve its clients.
As Merit Business Institute is
classified as a level 4 contributor, it enjoys exemption
from the BEE codes as published by the South African
Government.
Mark Deavall, the
Managing Director of Merit Business Institute has no
desire to take on any partners whatsoever, be they active
partners or purely investors. However, being a committed
South African company, Merit Business Institute will apply
the following: A trust has been set up whereof the
trustees are the Managing Director Mr. Mark Deavall, the
company’s accountant Mr. Joggie Cilliers, and a third
trustee yet to be appointed. This trust will own 26% of
the shares in Merit Business Institute. These shares will
hold no voting rights at all in the affairs of Merit
Business Institute however, 26% of the PBIT of Merit
Business Institute will be transferred annually into the
trust. Providing that the fund is large enough, this money
will be used to finance one previously disadvantaged
person annually in the setting up of a new business. Not
only will Merit Business Institute finance these
businesses, it will also provide the guidance, training
and mentoring required. By doing this Merit Business
Institute is able to truly influence both BEE and
enterprise development.
It is the stated policy of
this business to support small businesses, and
specifically small businesses owned by previously
disadvantaged people, wherever possible directing our
purchasing, as far as is practical, to these businesses.
Should the need arise to
employ anyone in this business consideration is first
given to skills, abilities and qualities, then to status.
Should we find a suitable person from a previously
disadvantaged background, we will employ that person.
However, it must be stressed that, as we believe that we
need to set the example of what we teach, we will not
compromise quality in favour of BEE or any other political
agenda.
Insofar as our social
responsibility is concerned; our client base is made up
mainly of large corporate company’s with exciting social
responsibility programs. We fulfil our social
responsibility obligations by partnering with these
programs in a manner appropriate to our business. Merit Business Institute does not in any way support or finance, any political party. Merit Business Institute focuses on the growth of South Africa as a whole, and will support where possible and within reason, people, organisations or entities that have that focus at their core.
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