Dimhimah International
| Business Location: | Urban |
| Province | Free State |
| Branch: | Mangaung Branch |
| Business Start Date: | 2024-05-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Manufacturing & Services Sector - Watches
Challenges/Needs:
DM Collectables (Pty) Ltd experienced challenges with lack of access to funding, access to markets and information. This indirectly affected their growth potential.
Intervention Insights and Results
Intervention Details:
Me Dimakatso Morobe approached Seda for assistance with access to funding, marketing material and exhibitions, including information advice and referral.
Seda assisted the business with the following:
• Promotional Materials
• Exhibitions
• Information, advice and referral
Seda assisted the business with the following:
• Promotional Materials
• Exhibitions
• Information, advice and referral
Outcome Details:
DM Collectables (Pty) Ltd was assisted with promotional materials during 2024 as part of access to local markets. Furthermore, the business was assisted with the Bloem-show exhibition during 2024. The Bloem Show in Bloemfontein typically has over 100,000 visitors over the course of its nine-day run. In 2024, the show had a record-breaking 126,327 visitors. The show attracts people all over South Africa and neighbouring countries. The business has also expanded its operations to the Southern Centre Shopping Mall (M01E) in Fichardt Park, Bloemfontein where the owner still has to do shop fittings and some renovations. The business has also been advised and referred for asset assistance grant funding application for R250 000. The application is still in progress.
The business managed to secure sales of R7,848 during the 10-day exhibition period of the Bloem-show from 24th April 2024 to 04th May 2024, including receiving the Silver Certificate for Bloem-show 2024 Display Champions.
This resulted in the business turnover increasing from R300 000 to R337 220 as per the recent 2023 annual financial statements. The jobs sustained is 1 plus 3 created.
The business managed to secure sales of R7,848 during the 10-day exhibition period of the Bloem-show from 24th April 2024 to 04th May 2024, including receiving the Silver Certificate for Bloem-show 2024 Display Champions.
This resulted in the business turnover increasing from R300 000 to R337 220 as per the recent 2023 annual financial statements. The jobs sustained is 1 plus 3 created.
Client Feedback
Client Comments:
Seda has contributed positively to the growth of the business by assisting with the business marketing materials and exhibitions.
