BMT Truck Technology
| Business Location: | Urban |
| Province | Gauteng |
| Branch: | Seda Tshwane Branch |
| Business Start Date: | 2017-07-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business falls under the ambit of the Automotive Technicians industry under the Ministry of Transport. It's not just about driving or being a car mechanic – the automotive industry is broad and encompasses a variety of activities, including Retailing of vehicles, parts and tools, Parts manufacturing, Mechanical and electrical engineering, Repair and maintenance of cars, trucks and heavy goods vehicles. At the moment BMT is focusing on heavy duty truck repair and maintenance with the hope of buying their own trucks at a later stage.
Challenges/Needs:
The business lacks advanced equipment required to service modern commercial trucks effectively.
Limited equipment capacity affects the turnaround time and ability to take on larger contracts.
The business needs a bankable business plan with3 year financial projections in order to secure grant for new equipment
Intervention Insights and Results
Intervention Details:
Supported BMT Truck Technology with the development of a bankable business plan, including financial projections, to strengthen their funding application. The plan outlines the company's growth strategy, market potential, and funding requirements for acquiring advanced equipment to enhance service capacity. This will enable the business to expand operations, improve efficiency, and create more employment opportunities.
Outcome Details:
SEDFA successfully developed a comprehensive business plan, which was used to apply for the Asset Assist grant. As a result, the business has been able to maintain job creation and sustain its turnover, ensuring continued growth and stability in the commercial vehicle maintenance industry.
Client Feedback
Client Comments:
Thank you SEDFA for you support
