Refine Beverages
| Business Location: | Township |
| Province | Limpopo |
| Branch: | Waterberg |
| Business Start Date: | 2020-03-21 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business provides the following products and services:
• 500ml
• 1,5l
• 5l
• 10l
• Refill at R1 per litre
Challenges/Needs:
When the client came to Seda during the last financial year, he had the following challenges:
• Insufficient finance, needed access to finance for branding and packaging material
• Lacking basic business skills and financial management knowledge
• Needed to test the product for quality to access more markets, like retailers and wholesalers
Intervention Insights and Results
Intervention Details:
The business was assisted with branded product packaging
• Client also attended a 3-day financial management training organised by Seda
• The intervention for product testing was recently completed and they received the results from SABS
• Client also attended a 3-day financial management training organised by Seda
• The intervention for product testing was recently completed and they received the results from SABS
Outcome Details:
• Packaging and branding project resulted in increased volumes and enabling the business to supply retailers
• Financial management of the business improved thus improving profitability
• Annual turnover increased from R81 373 to R320 165, a 393% increase
• The business has since created 3 more jobs.
• Financial management of the business improved thus improving profitability
• Annual turnover increased from R81 373 to R320 165, a 393% increase
• The business has since created 3 more jobs.
Client Feedback
Client Comments:
“The growth of the business is owed to Seda through proper branding and packaging and reducing the input costs by introducing us to cheaper suppliers, we wish we would have come to Seda when we started the business years ago”
