Lebo Braids Specialist
Business Location: | Rural area - Villages |
Province | Limpopo |
Branch: | Waterberg |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
1. Hair Saloon
2. Hair Product
3.Training hairdresser
Challenges/Needs:
Lebo Kutumela initially reached out to the SEDA Waterberg branch in October 2022 and has utilized various services since that time. In February 2024, the client's business was evaluated, revealing a couple of challenges, the main challenges as follows:
• Limited business skills crucial in understanding how to run and grow the business.
• Inability to maximise access to the target market due to lack of branding and marketing material.
Intervention Insights and Results
Intervention Details:
• Standard bank wallet wise mentorship that was focusing on financial management from 25 June 2024 to 16 July 2024
• Marketing Material that was completed in December 2024 that is used to market the business
• Marketing Material that was completed in December 2024 that is used to market the business
Outcome Details:
• Turnover increased from R 120 000 to R 430 000 per annum, a 258% growth.
• Three new jobs were created, increasing employment from 4 to 7 jobs.
• The Standard Bank Wallet Wise mentorship provided the client with the knowledge necessary to focus on business growth and revenue increase.
• Three new jobs were created, increasing employment from 4 to 7 jobs.
• The Standard Bank Wallet Wise mentorship provided the client with the knowledge necessary to focus on business growth and revenue increase.
Client Feedback
Client Comments:
Seda is helping me a lot in my business I am thankful for all the support