TT Morare Holdings
| Business Location: | Township |
| Province | Gauteng |
| Branch: | Seda Tshwane Branch |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Retail – Pharmaceutical and personal care products
Challenges/Needs:
Lack of inventory management skills, limited stock associated with lack of funding to procure adequate stock.
Intervention Insights and Results
Intervention Details:
During 2023/2024, the business was assisted with distribution of stock in partnership with the Wholesale and Retail Sector Education and Training Authority (W&RSETA) .
Outcome Details:
The owner of the business was trained in inventory management and an amount of R6500 from WRSETA was approved for the purchase of stock.
The business turnover improved from R12 000 in 2023/2024 to R480 000 during the 2024/2025 financial period. This represents a revenue growth of 4000%.
During the same period, the business was able to increase its number of jobs from 1 in 2023/2024 to 9 in 2024/2025. This represents 900% job creation. protection
The business turnover improved from R12 000 in 2023/2024 to R480 000 during the 2024/2025 financial period. This represents a revenue growth of 4000%.
During the same period, the business was able to increase its number of jobs from 1 in 2023/2024 to 9 in 2024/2025. This represents 900% job creation. protection
Client Feedback
Client Comments:
“We at TT Morare Holdings are grateful for the support received from Sedfa since we started engaging with them. The inventory management training received assisted us in better understanding stock and its management. The stock amount of R6500 played a greater role in improving our stock levels, sales, profitability and sustaining the business. We are so proud to be associated with Sedfa Tshwane Branch as our business advisory and support partner. We thank Sedfa for the support and always looking forward for further advise and support”
