Laudable Consultants
Business Location: | Township |
Province | KwaZulu-Natal |
Branch: | Harry Gwala |
Business Start Date: | 2019-04-01 |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Laudable Consultants was founded on 05 February 2018 to provide quality services with fresh and innovative solutions that have been tailor-made to address specific needs of clients and is a 100% female black owned. Ms. Ntombikayise Nkani is the sole owner of the business.
The main business activity is to provide Accounting, Tax, Payroll, Bookkeeping and Secretarial Services. The business's target market is various companies and individuals, small and medium sized businesses as well as government departments.
Challenges/Needs:
An assessment conducted by Seda identified the following challenges faced by the business:
Struggling to find and secure big clients that can utilize the business's services on a long-term basis, which in turn will have a direct impact on the growth of the business in terms of turnover increase.
The business lacked visibility and a professional identity in and around Kokstad.
Intervention Insights and Results
Intervention Details:
•Seda assisted the business with Signage material,
•Seda, through collaborating with Greater Kokstad Municipality have received equipment to the value of R51084,00
•Seda, through collaborating with Greater Kokstad Municipality have received equipment to the value of R51084,00
Outcome Details:
• The client was visible was easily identified in Hope Street where the office is located
• Improved turnover, from R345 800,00 from the previous financial year to 484 120,00 for the current year which is 40% increase.
• Employment increased from 3 to 4 employees currently.
• The client received equipment from Greater Kokstad Municipality which is meant to increase productivity by 50%
• Improved turnover, from R345 800,00 from the previous financial year to 484 120,00 for the current year which is 40% increase.
• Employment increased from 3 to 4 employees currently.
• The client received equipment from Greater Kokstad Municipality which is meant to increase productivity by 50%
Client Feedback
Client Comments:
Thank you for the assistance Laudable consultants is humbled with what Seda did for the business