Sole Proprietorship Operating Agreement Template for South Africa

1. Employment Matters: Include when the business will have employees, covering hiring procedures and employment policies

2. Intellectual Property: Include when the business owns or develops intellectual property requiring protection

3. Insurance Requirements: Include when specific insurance coverage is necessary for the business operations

4. Succession Planning: Include when there's a need to plan for business continuation in case of owner's incapacity or death

5. Dispute Resolution: Include when specific procedures for handling disputes with suppliers, customers, or employees are needed

6. Confidentiality: Include when the business handles sensitive information or trade secrets

7. Environmental Compliance: Include when the business activities have environmental implications

8. Franchise Relationships: Include when the business operates under a franchise agreement

1. Schedule A - Asset Register: List of all business assets and their current values

2. Schedule B - Key Contracts: List of important business contracts and agreements

3. Schedule C - Licenses and Permits: Details of all required business licenses, permits, and certifications

4. Schedule D - Insurance Policies: List of insurance policies and coverage details

5. Schedule E - Standard Operating Procedures: Detailed operational procedures and protocols

6. Appendix 1 - Business Registration Documents: Copies of official business registration and tax registration documents

7. Appendix 2 - Banking Arrangements: Details of business bank accounts and banking procedures

8. Appendix 3 - Compliance Checklist: Checklist of regulatory compliance requirements and due dates