
Characteristics of PALS projects
- Company or other legal entity with incorporation agreements / documents protecting the parties
- Executable and bankable business plan
- Skills transfer through mentorship
- Rights of first refusal / option to protect / reserve the property for the shareholders and PALS objectives
- Skin in the game by all parties involved
- Social and economic benefits for workers via discretionary employees trust (profit share or shareholding) or in other suitable manners
- Substantial compliance with critical success factors
Integrated Development Plan for Establishing New Enterprises
1. We initiate
- Initial engagement
- Formal meeting
- Determine requirements
- Identification of partners
- Preliminary business plan
- Framework/organogram
2. We plan
- Meet with legal team
- Draft framework
- Draft agreements
- Business registration
- Draft business plan
3. We motivate and enable
- Engage with financial institutions/government
- Refine business plan
- Drafting motivational reports
- Discussions with participants
- Training shareholders
4. We implement
- Continuous consultations and engagements
- Transfer of property/shares and registration
