Vasekwas
| Business Location: | Urban |
| Province | Gauteng |
| Branch: | Seda Tshwane Branch |
| Business Start Date: | 2018-11-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Shoniflex uses natural ingredients that are good for skin maintenance, highlighting their commitment to providing quality and safe products for those with dry skin. The product range includes oil, toner, cleanser, serum, and day cream, which even out the complexion by reducing the appearance of dark marks and blemishes.
Challenges/Needs:
The business currently relies on outsourced production for certain skincare products due to limited in-house equipment. This increases production costs, reduces profit margins, and limits control over quality and innovation.
Vasekwa plans to introduce skin renewal treatments. However, the business lacks essential equipment such as microdermabrasion machines, laser therapy devices, and hydration treatment tools. Without these, it cannot provide additional skin renewal services, which are in high demand.
Intervention Insights and Results
Intervention Details:
Vasekwa was assisted with a comprehensive business plan, including three-year financial projections, which strengthened its grant application.
Outcome Details:
Through tailored business support, Vasekwa was assisted with a comprehensive business plan, including three-year financial projections, which strengthened its grant application. As a result, the business received approval for funding valued at R195,394, allowing it to invest in modern manufacturing and skincare renewal equipment.
Client Feedback
Client Comments:
Thank you SEDFA for the support
