Maiterasodi (PTY) LTD
| Business Location: | Rural |
| Province | Limpopo |
| Branch: | Waterberg |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The company serves the Marapong community by selling a range of fast-moving food items. The business has grown significantly under the direction of a committed young entrepreneur as it has attracted more clients and consistently increased the range of goods and services it offers. Marapong has a high demand for these goods and services because of its distance from Lephalale town.
Challenges/Needs:
Amongst other things, the following challenges were discovered during discussions and whilst the business advisor was conducting a comprehensive business assessment:
• Poor financial performance due to a lack of understanding of financial management and other key business skills.
• Insufficient knowledge about inventory control.
• Limited knowledge of proper food handling procedures.
• Insufficient inventory.
• Low business exposure due to inadequate signage.
Intervention Insights and Results
Intervention Details:
The client was registered and attended the following Sedfa-sponsored trainings:
• Financial Management
• Inventory Management
• Food Handling (HACCP)
• Financial Management
• Inventory Management
• Food Handling (HACCP)
Outcome Details:
• The client may now accurately record financial transactions and manage their company's finances.
• As per 6-months management accounts, turnover increased from R16 800 to R199 778, reflecting more than a 1000% growth.
• The business also doubled employment from 1 to 2 jobs.
• As per 6-months management accounts, turnover increased from R16 800 to R199 778, reflecting more than a 1000% growth.
• The business also doubled employment from 1 to 2 jobs.
Client Feedback
Client Comments:
To SEDFA: Thank you for supporting our businesses in Lephalale, it really helped us understand how to operate professionally. Keep it up.
