YVONNE INVESTMENT
| Business Location: | Rural area - Farms |
| Province | Free State |
| Branch: | Xhariep |
| Business Start Date: | 2022-02-02 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Cleaning and catering
Challenges/Needs:
• Capacity: the business needed to be capacitated through various business-related trainings such as tendering and the basic skills of running a business.
• Operational limitations: it lacked equipment to deliver services, relying heavily on renting equipment.
• Marketing and Promotion: The business was not well marketed and promoted.
Intervention Insights and Results
Intervention Details:
Small Business assessment tool was conducted on the business and SEDFA intervened as follows:
• The business attended Startup training, coordinated by SEDFA.
• It attended Tender to Secure Business training, coordinated by SEDFA.
• It received equipment to the value of R10 000, through the Informal and Micro Enterprise Development Programme (IMEDP) of Department of Small Business Development.
• It also attended food safety training, coordinated by SEDFA.
• The business received banners, flyers and business cards through SEDFA so that it would be
• The business attended Startup training, coordinated by SEDFA.
• It attended Tender to Secure Business training, coordinated by SEDFA.
• It received equipment to the value of R10 000, through the Informal and Micro Enterprise Development Programme (IMEDP) of Department of Small Business Development.
• It also attended food safety training, coordinated by SEDFA.
• The business received banners, flyers and business cards through SEDFA so that it would be
Outcome Details:
• It has had contracts with Seda, Kopanong Local Municipality and the Department of Rural Development, for catering and cleaning services.
• In 2023, the company reported a turnover of R 84,000 and it impressively increased to R104,000 in 2024, marking a substantial increase of 24% in revenue.
• The gross profit, increased from R 66,000 in 2023 to R 84,000 in 2024, marking a substantial increase of 27%.
• The net profit increased from R 9,320 in 2023 to R 11,970 in 2024, marking an increase of 28% in net profit.
• The business has created two jobs and sustained one.
• In 2023, the company reported a turnover of R 84,000 and it impressively increased to R104,000 in 2024, marking a substantial increase of 24% in revenue.
• The gross profit, increased from R 66,000 in 2023 to R 84,000 in 2024, marking a substantial increase of 27%.
• The net profit increased from R 9,320 in 2023 to R 11,970 in 2024, marking an increase of 28% in net profit.
• The business has created two jobs and sustained one.
Client Feedback
Client Comments:
Thank you Seda/Sedfa for the assistance you have provided.
