Mogale wa Marumo (Pty) Ltd
| Business Location: | Township |
| Province | Gauteng |
| Branch: | Seda Tshwane Branch |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The Spaza shop sells Groceries, Snacks, Cool-drinks, airtime, kota, slap chips and scones. The business has ventured more into fast foods to remain competitive. The market includes General Public and nearby School.
Challenges/Needs:
The business experienced the following challenges
Lack of business skills such as financial management, business planning administration and marketing
Poor / no marketing for the business.
Lack of access to funding.
Intervention Insights and Results
Intervention Details:
The following interventions were implemented in the client business
o Jeanne Leseka attended Sedfa training courses - Start Up 1 Course, Financial Management training and Grow my Business Trainings.
o The business owner is approved for W&R Seta grant for Inventory Training and stock funding;
o Jeanne Leseka attended Sedfa training courses - Start Up 1 Course, Financial Management training and Grow my Business Trainings.
o The business owner is approved for W&R Seta grant for Inventory Training and stock funding;
Outcome Details:
The Sedfa’s Intervention has benefited the client in the following ways
Sedfa advisory, Trainings interventions as well as W&R Seta inventory Management training and Stock valued at R6 500 improved sales (variety and availability) and reputation.
The business is running more efficiently in respect of financial management, administration, and general operations
The business’s turnover improved by R36 000, or 25% from R144 000 to R180 000. The net profit also improved by R3 000 or 150% from R2 000 to R5 000.
One new job was created, and one was sustained. The business now has 2 employees.
Sedfa advisory, Trainings interventions as well as W&R Seta inventory Management training and Stock valued at R6 500 improved sales (variety and availability) and reputation.
The business is running more efficiently in respect of financial management, administration, and general operations
The business’s turnover improved by R36 000, or 25% from R144 000 to R180 000. The net profit also improved by R3 000 or 150% from R2 000 to R5 000.
One new job was created, and one was sustained. The business now has 2 employees.
Client Feedback
Client Comments:
Mogale Wa Marumo is a sustainable and growing enterprise, my appreciation and I wish Sedfa all blessings for helping small businesses especially youth owned
