Flink Holdings (Pty) Ltd
Business Location: | Township |
Province | Western Cape |
Branch: | George - Eden |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The client visited Sedfa Oudtshoorn Branch to seek assistance with growing the business. He was introduced to a Business Advisor who conducted a thorough diagnostic assessment, Critical Planning Exercise (CPE) on the business. The aim of the CPE is to plan and prepare financial projections for twelve months or more and simulate various “what if” scenarios. The assessment assisted the business in making accurate, realistic financial predictions and developing a plan that significantly contributed to the business.
Challenges/Needs:
The business experienced the following challenges:
•
Lack of finance, and
•
Lack of visibility.
Intervention Insights and Results
Intervention Details:
The following intervention was implemented:
•
Facilitated access to equipment through the Informal and Micro Enterprise Development Programme (IMEDP).
•
Facilitated access to equipment through the Informal and Micro Enterprise Development Programme (IMEDP).
Outcome Details:
The business achieved the following improvements:
•
Turnover increased from R 4 000 to R 8 000, an increase of 100%, and
•
Employees increased from 2 employees to 6 staff members.
•
Turnover increased from R 4 000 to R 8 000, an increase of 100%, and
•
Employees increased from 2 employees to 6 staff members.
Client Feedback
Client Comments:
“Through the assistance with equipment I am able to produce more products”.