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The BEE scorecard is an important element in any business in South Africa. Business owners are advised to understand the scoring for their own good. This is because the higher your BEE score, the higher the chances of your business gaining from different opportunities. As already described above, the scores are given based on different weighted elements. Apart from ownership, other areas that are looked into include management, employment equity, skills development, enterprise development, preferential procurement, and socio-economic development. The new BBBEE level came into existence in 2013. Although there are slight variations, the basics remain the same. For instance, BBBEE level 1 contributor must have attained 100 points on the generic scorecard to attain a recognition level of 135%.

While generally all companies are advised to consider the BEE scores, the application differs depending on the size of the company in question. As of now, large companies and the government need to support small businesses that are BEE compliant by choosing their services over other companies. . In case you have the certification, the companies that buy from you can also claim their own BEE points by virtue of being your customers. This act applies to 3 different sized companies as described here