SIMTHEMBHILE LEATHER TRADING (PTY) LTD TRADING AS MALANGA DESIGN
| Business Location: | Township |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business manufactures all leather products such as belts, shoes, bags and key
rings.
Challenges/Needs:
The following challenges were identified:
• Limited access to markets, and
• Limited turnover.
Intervention Insights and Results
Intervention Details:
The client approached Seda Cape Winelands Branch to seek assistance with the growth of
the business, where he was introduced to Mphumzi Mange, one of the Business Advisors who
conducted a diagnostic assessment, the 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 simulates various “what if” scenarios. The assessment assisted the business to make
accurate, realistic financial predictions and develop a plan which significantly contribute to
the business viability and how best to improve competitiveness and grow the business.
The following recommendations were implemented:
• Facilitated the attendance of Trade show, and
• Facilitation of coaching and continuous business advise
the business, where he was introduced to Mphumzi Mange, one of the Business Advisors who
conducted a diagnostic assessment, the 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 simulates various “what if” scenarios. The assessment assisted the business to make
accurate, realistic financial predictions and develop a plan which significantly contribute to
the business viability and how best to improve competitiveness and grow the business.
The following recommendations were implemented:
• Facilitated the attendance of Trade show, and
• Facilitation of coaching and continuous business advise
Outcome Details:
The following results were achieved:
• Turnover increased from R 62 800 to R 84 000, an increase of 33.76%, and
• Profits increased from R 1 750 to R 5 970, an increase of 241.14%.
• Turnover increased from R 62 800 to R 84 000, an increase of 33.76%, and
• Profits increased from R 1 750 to R 5 970, an increase of 241.14%.
Client Feedback
Client Comments:
I appreciate Seda for the assistance they provide me. This goes along way for us as small business
owners. Thank you.
owners. Thank you.
