Jeremy Construction (Pty) Ltd
| Business Location: | Township |
| Province | Western Cape |
| Branch: | George - Eden |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The client visited Sedfa Oudtshoorn 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
Challenges/Needs:
The business experienced the following challenges:
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Lack of finance;
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Lack of visibility, and
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Lack knowledge of business recordkeeping and compliance.
Intervention Insights and Results
Intervention Details:
Facilitate access to equipment through the Informal and Micro Enterprise Development Programme (IMEDP).
Outcome Details:
The business achieved the following improvements:
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Turnover increased from R 0 to R 87 600, an increase of 100%, and
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Employees increased from 1 employee to 2.
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Turnover increased from R 0 to R 87 600, an increase of 100%, and
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Employees increased from 1 employee to 2.
Client Feedback
Client Comments:
“Through the equipment received from Sedfa, I was able to grow my business”.
