TACHARIUS

Business Location: Township
Province KwaZulu-Natal
Branch: King Cetshwayo
Business Start Date: 2020-11-02
Busniess Type: Company

Business Dynamics and Challenges

Business Activities: The business specializes in wood working and laser engraving, the business blends traditional craftsmanship with cutting edge technology to produce custom, high quality wooden products and personalize items.
Challenges/Needs: An assessment conducted by Sedfa revealed that the business faced the following challenges: - Every product was handcrafted under limited conditions, with limited machinery and equipment to increase production capacity, enhance product quality and meet growing customer demand more efficiently.

Intervention Insights and Results

Intervention Details: Facilitation of access to finance through asset assist Program
Outcome Details: Approval and successful completion of procurement for machinery and equipment which enabled the business to:
- Increase turnover from R142,000 to R289,000, representing a 50,87% growth.
- Staff number grew from 3 to 5 employees, contributing to job creation.

Client Feedback

Client Comments: When we started, we had nothing but a dream and our hands. Sedfa helped us turn that dream into a real business. The Asset assist Program came at just the right time, it gave us the tools to grow, serve our community and believe that bigger things are possible. We are grateful for the support that helped us move from passion to production.
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