Kobson Corporation (Pty) Ltd
| Business Location: | Township |
| Province | Gauteng |
| Branch: | Seda Tshwane Branch |
| Business Start Date: | 2018-06-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The Spaza shop offers - Groceries, Snacks, Cool-drinks, airtime, and Cleaning materials. The business is fully compliant and bids for opportunities in the nearby mines, corporate and Public institutions in the Regions 5 & 7 areas of Tshwane Municipality.
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 business owner attended a briefing session in 2021, and made a follow-up visit where he was assessed, and became a Sedfa client since. The following interventions were implemented in the client business
o Mr. Sono attended Seda training courses - Start Up 1, Financial Management training and Grow my Business Trainings.
o The business received ADDPAY POS with training,
o The business owner is approved for W&R Seta grant for Inventory Training and stock funding;
o Mr. Sono attended Seda training courses - Start Up 1, Financial Management training and Grow my Business Trainings.
o The business received ADDPAY POS with training,
o The business owner is approved for W&R Seta grant for Inventory Training and stock funding;
Outcome Details:
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 R40 000, or 19% from R210 000 to R250 000. The net profit also improved by R1 000 or 25% from R4 000 to R5 000.
One new job was created, and two were sustained. The business now has 3 employees.
The business is running more efficiently in respect of financial management, administration, and general operations
The business’s turnover improved by R40 000, or 19% from R210 000 to R250 000. The net profit also improved by R1 000 or 25% from R4 000 to R5 000.
One new job was created, and two were sustained. The business now has 3 employees.
Client Feedback
Client Comments:
My entrepreneurial journey is amazing and there is much hope. I am grateful to Sedfa and look for more growth. Thank you, a thousand times
