GNG INVESTMENT
| Business Location: | Township |
| Province | Mpumalanga |
| Branch: | Bushbuckridge |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
1. Steel work
Challenges/Needs:
• Access to market.
• No effective marketing strategies that guide and drive the business’s market segment, marketing is often through word of mouth and referrals.
• Lack of finance to develop the business.
• Products not tested.
Intervention Insights and Results
Intervention Details:
• Business management skills training.
• Quality management training.
• Development of a bankable business plan.
• Productivity Intervention.
• Mentorship and coaching in basic business skills.
• Design and development of E- Marketing to market the business.
• SABS product testing for two products.
• Currently the is a running project of certification with SABS.
• Attended the art of pitching in the Mpumalanga province.
• Quality management training.
• Development of a bankable business plan.
• Productivity Intervention.
• Mentorship and coaching in basic business skills.
• Design and development of E- Marketing to market the business.
• SABS product testing for two products.
• Currently the is a running project of certification with SABS.
• Attended the art of pitching in the Mpumalanga province.
Outcome Details:
• The business created and sustained 10 permanent jobs for young people in the local area of Mkhuhlu.
• Got a contract with Cash build to supply the following 8 stores: Casteel, Dwarsloop, Bushbuckridge, Mkhuhlu, Hazyview, Numbi, Barberton and Elukwatini with Steel window frames monthly.
• Turnover increased from R3, 970 165.85 to R5,641 326 and continues to reflect growth.
• Won a voucher of R140,000 from SABS to cover for the business product certification.
• Attended a Sedfa mentorship and coaching programme.
• Accessed finance from the Mpumalanga premier youth fund to the amount of R4,339,250 00
• Got a contract with Cash build to supply the following 8 stores: Casteel, Dwarsloop, Bushbuckridge, Mkhuhlu, Hazyview, Numbi, Barberton and Elukwatini with Steel window frames monthly.
• Turnover increased from R3, 970 165.85 to R5,641 326 and continues to reflect growth.
• Won a voucher of R140,000 from SABS to cover for the business product certification.
• Attended a Sedfa mentorship and coaching programme.
• Accessed finance from the Mpumalanga premier youth fund to the amount of R4,339,250 00
Client Feedback
Client Comments:
“Sedfa is a life saver, keep up the good work” Lucky Khoza – Business general manager.
