KL
| Business Location: | Rural & Township |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | 2022-11-01 |
| Busniess Type: | Sole Proprietor |
Business Dynamics and Challenges
Business Activities:
The business is in the fast-food industry focusing on selling potato chips, fat cakes and fried sausages.
Challenges/Needs:
• Lack of business guidance and coaching;
• Lack of equipment and stock, and
• Lack of business premises.
Intervention Insights and Results
Intervention Details:
• Facilitation of Mentorship and Coaching Programme, and
• Assistance with NYDA Grant funding application;
• Assistance on funding application through SEFDA Asset Assist programme.
• Assistance with NYDA Grant funding application;
• Assistance on funding application through SEFDA Asset Assist programme.
Outcome Details:
• Turnover increased from R 160 000 to R 220 000, an increase of 37%;
• NYDA grant funding programme for equipment worth R 50 000;
• Net profit increased from R 17 200 to R 23 720, an increase of 37%, and
• Employment increased from 1 to 3 staff members.
• NYDA grant funding programme for equipment worth R 50 000;
• Net profit increased from R 17 200 to R 23 720, an increase of 37%, and
• Employment increased from 1 to 3 staff members.
Client Feedback
Client Comments:
“SEDFA has inspired me to think big and I believe I will grow my business to become a success with the professional support I get from SEDFA.”
