Tinyiko Built-in Cupboards pty Ltd
Business Location: | Township |
Province | KwaZulu-Natal |
Branch: | Durban |
Business Start Date: | 2021-02-01 |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business offers built-in cupboards, kitchen units, wardrobes, floating shelves, headboards, and TV stands.
Challenges/Needs:
Lack of exposure to new markets for growth and sustainablity
Lack of financial resources to purchase new and efficient machinery
Intervention Insights and Results
Intervention Details:
Exposure to new markets through participating in trade exhibitions and flea markets helped Tinyiko reach a broader customer base. Operational Expansion: Increased production capacity to meet growing demand
Outcome Details:
Turnover Growth: Increased from R270,000 to R652,750- an increase of R382,750. - Profitability Increase: Net profit improved from a loss of R64,500 to a profit of R272,750. - Employment Growth: Expanded workforce from 2 to 4 employees, doubling job creation
Client Feedback
Client Comments:
“Thank you for the exposure, the leads from the event had a positive impact in our business”