Bluword Bookkeeping & Consulting Services
| Business Location: | Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Financial and business consultancy services
Challenges/Needs:
The challenges identified by the client & advisor included the following;
• Lack of finance.
• Limitations in accessing more markets
• Cash Flow constraints
• Effective strategic planning and marketing to gain market share
Intervention Insights and Results
Intervention Details:
To address these challenges, Bluworld Trading Enterprise sought assistance from SEDFA and was supported by Thabo Ngwadla, Business Advisor at the Nelson Mandela Bay Branch, who assessed the business. After identifying key gaps, he recommended a series of interventions to help move the business forward.
Ms. Pumeza Tukani successfully applied for the Asset Assist Programme, which provided the necessary financial support
Ms. Pumeza Tukani successfully applied for the Asset Assist Programme, which provided the necessary financial support
Outcome Details:
Through SEDFA’s business support, the business achieved the following results:
The Asset Assist Support Programme (AAP) application was approved for R248 515, enabling the purchase of an additional equipment and increased delivery capacity.
Access to finance provided the business with greater exposure in the local market, allowing it to service a larger client base.
Business turnover increased by 76% from R 181 900 to R 321 000.
Employment grew by 300% from 1 to 4 permanent staff members
The Asset Assist Support Programme (AAP) application was approved for R248 515, enabling the purchase of an additional equipment and increased delivery capacity.
Access to finance provided the business with greater exposure in the local market, allowing it to service a larger client base.
Business turnover increased by 76% from R 181 900 to R 321 000.
Employment grew by 300% from 1 to 4 permanent staff members
Client Feedback
Client Comments:
"Thank you, SEDFA, for helping our business grow. SEDFA’s investment in our business has been extremely significant, allowing us to expand our brand, improve our capacity, and increase our turnover!" We appreciate the guidance & support from Sedfa
