INYAMEKO TRADING 190 CC
| Business Location: | Township |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | |
| Busniess Type: | cc |
Business Dynamics and Challenges
Business Activities:
The business specialises in laundry services and
supplying the demand of any service needed by government primarily, local
businesses and surrounding households in the Cape Peninsula area
Challenges/Needs:
The following challenges were identified:
• Limited clientele, and
• Limited turnover and profits.
Intervention Insights and Results
Intervention Details:
The client approached SEDFA Cape Winelands Branch to seek assistance with the
growth of the business, where he was introduced to Mphumzi Mange, one of the
Business Advisors who conducted a diagnostic assessment, the Critical Planning
Exercise (CPE) on the business. The aim of the CPE is to plan and prepare financial
projections for twelve months or more and simulates various “what if” scenarios.
The assessment assisted the business to make accurate, realistic financial predictions
and develop a plan which significantly contribute to the business viability and how
best to improve competitiveness and grow the business.
The following recommendations were implemented:
• Facilitated e-commerce advertising, and
• Facilitated continuous business advice
growth of the business, where he was introduced to Mphumzi Mange, one of the
Business Advisors who conducted a diagnostic assessment, the Critical Planning
Exercise (CPE) on the business. The aim of the CPE is to plan and prepare financial
projections for twelve months or more and simulates various “what if” scenarios.
The assessment assisted the business to make accurate, realistic financial predictions
and develop a plan which significantly contribute to the business viability and how
best to improve competitiveness and grow the business.
The following recommendations were implemented:
• Facilitated e-commerce advertising, and
• Facilitated continuous business advice
Outcome Details:
The following results were achieved:
• Turnover increased from R 19 900 to R 45 680, an increase of 129.55%;
• Profits have increased from R 1 696 to R 5 070, an increase of 198.94%, and
• Employment remained the same as 2 employees (the owners).
• Turnover increased from R 19 900 to R 45 680, an increase of 129.55%;
• Profits have increased from R 1 696 to R 5 070, an increase of 198.94%, and
• Employment remained the same as 2 employees (the owners).
Client Feedback
Client Comments:
A big thank you to Sedfa and Mphumzi for the support they been providing us as a business, we truly appreciate it”.
