Marena Kingdom Nutrients Enterprise (Pty) Ltd
| Business Location: | Township |
| Province | Gauteng |
| Branch: | Seda Johannesburg Branch |
| Business Start Date: | 2016-09-12 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Bakery and Spaza Shop products
Challenges/Needs:
A Critical Planning Exercise (CPE) Assessment was conducted on the business, and the following key challenges that hinder the growth of the business were identified:
1. Capital and Stock Constraints – the business is undercapitalised and currently lacks the working capital to maintain optimal stock levels, resulting in missed sales opportunities.
2. No sufficient inventory systems, and as a result, run a risk of suffering losses due to wastage and
3. High Operating expenses ratio -total expenses of the business (of records kept) are higher than the total revenue. This further indicates that the current pricing, sales volumes, and/cost structure are unsustainable.
Intervention Insights and Results
Intervention Details:
A Critical Planning Exercise (CPE) Assessment was conducted, and the following recommendations and interventions were agreed upon with the client:
1. Offered a 3-day Inventory Management Training
2. Facilitate access to funding to assist the client in acquiring trading stock.
1. Offered a 3-day Inventory Management Training
2. Facilitate access to funding to assist the client in acquiring trading stock.
Outcome Details:
Sedfa interventions have highly assisted the business in the following manner:
3 Days Inventory Management Training was conducted,
Funding was acquired through the W&RSETA Spaza Voucher Programme and Trading stock worth R6 000 was received.
3 Days Inventory Management Training was conducted,
Funding was acquired through the W&RSETA Spaza Voucher Programme and Trading stock worth R6 000 was received.
Client Feedback
Client Comments:
Thank You, Sedfa
