8. LEGAL

8.1 Mortgage/rent requirements

Premises in Midrand leased at rental of R25 000 a month. Two year lease with an option to renew for a further one year. Escalation: none in year two; 6% in year three.

8.2 Regulations & permits

The following are required:

  • Register business as a Pty Ltd
  • Register website and domain name
  • Membership of the Audit Bureau of Circulations
  • Membership of the Online Publishers Association

8.3 Agreements

Agreements are to be entered into with the following to ensure continuity of supply in the medium term:

  • Logan’s Web Printing
  • National Magazine Distributors
  • Crazyweb
  • Dan the Computer Man

8.4 Trademarks & copyrights

The Wheels Alive! name, logo and trademark will be registered, both in SA and neighbouring states. This is important, as the long-term strategy includes several brand extensions.