Ankie's Metal
| Business Location: | Township |
| Province | Free State |
| Branch: | Thabo Mofutsanyana |
| Business Start Date: | 2007-02-13 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
General Supplier
Challenges/Needs:
During the diagnostic analysis, several key challenges were identified:
Lack of essential business skills, including financial management, business planning, administration, and marketing
Limited understanding of procurement and tendering procedures
Non-compliance with regulatory bodies
Intervention Insights and Results
Intervention Details:
To address these challenges, Ms. Motaung participated in specialized training on securing tenders, which provided her with the necessary tools and knowledge to navigate the bidding process effectively. Additionally, Sedfa assisted with compliance issues, including the completion of CIPC annual returns, SARS returns, CIDB registration, and updating the company’s CSD registration.
Outcome Details:
With the support from Sedfa, Ankie’s General Trade Pty Ltd achieved notable growth:
Secured tenders from SAPS and SANPARK in Clarens, expanding the business's reach
Increased turnover by 55%, growing from R319,939 to R710,578
Boosted net profit by 84%, rising from R8,625 to R52,646
These outcomes reflect significant progress in business growth, demonstrating how targeted support and improved business practices have helped Ankie’s General Trade Pty Ltd thrive in the competitive construction sector.
Secured tenders from SAPS and SANPARK in Clarens, expanding the business's reach
Increased turnover by 55%, growing from R319,939 to R710,578
Boosted net profit by 84%, rising from R8,625 to R52,646
These outcomes reflect significant progress in business growth, demonstrating how targeted support and improved business practices have helped Ankie’s General Trade Pty Ltd thrive in the competitive construction sector.
Client Feedback
Client Comments:
“You are always patient with me, thank you very much, please assist others as well.”
