3rd Generation Trading (Pty) Ltd
| Business Location: | Urban |
| Province | Western Cape |
| Branch: | George - Eden |
| Business Start Date: | 2012-05-04 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Construction
Business activities include building construction,
closed-circuit television (CCTV) drain inspections and testing, infrastructure maintenance,
supply of industrial high-pressure pumps, and acoustic leak detection
Challenges/Needs:
The business experienced the following challenges:
• Lack of resources to enable management of the business;
• Lack of business administration procedures, and
• Lack of industry information technology systems.
Intervention Insights and Results
Intervention Details:
The client visited Seda George Branch to seek assistance with growing the business. He was introduced to a Business Advisor who conducted a thorough diagnostic assessment, Critical Planning Exercise (CPE) on the business. The aim of the CPE is to plan and prepare financial projections for twelve months or more and simulate various “what if” scenarios. The assessment assisted the business in making accurate, realistic financial predictions and developing a plan that significantly contributed to the business.
The following intervention was implemented:
• Facilitation of mentorship and coaching
The following intervention was implemented:
• Facilitation of mentorship and coaching
Outcome Details:
The business achieved the following improvements:
• Turnover increased from R 6 126 404 to R 13 296 624, an increase of 117,04%.
• Turnover increased from R 6 126 404 to R 13 296 624, an increase of 117,04%.
Client Feedback
Client Comments:
“Thank you Seda for all your support and guidance on our journey. A special thank you to
Dzudzanyani Nyamande for making time and checking on us. We encourage SMMEs to contact your
local Seda office.”
Dzudzanyani Nyamande for making time and checking on us. We encourage SMMEs to contact your
local Seda office.”
