ANKIE'S GINGER
| Business Location: | Township |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | |
| Busniess Type: | Sole Proprietor |
Business Dynamics and Challenges
Business Activities:
Manufacturing, packaging, branding and selling of ginger beer.
Challenges/Needs:
The following challenges were identified:
• No proper operational structure, and
• Limited turnover and profits.
Intervention Insights and Results
Intervention Details:
The client approached Seda Cape Winelands Branch to seek assistance with the growth of the business, where he was introduced to Mphumzi Mange, one of the Business Advisors who conducted a diagnostic assessment, the 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 simulates various “what if” scenarios. The assessment assisted the business to make accurate, realistic financial predictions and develop a plan which significantly contribute to the business viability and how best to improve competitiveness and grow the business. The following recommendations were implemented:
• Facilitated mentorship and coaching, and
• Facilitated continuous business advice
• Facilitated mentorship and coaching, and
• Facilitated continuous business advice
Outcome Details:
The following results were achieved:
• Turnover increased from R16 280 to R19 373, an increase of 19%, and
• Profits have increased from R730 to R3 613, an increase of 394,9%.
• Turnover increased from R16 280 to R19 373, an increase of 19%, and
• Profits have increased from R730 to R3 613, an increase of 394,9%.
Client Feedback
Client Comments:
“I would like to thank Mphumzi for the knowledge he has installed in me on how to capitalise on my opportunities for my business and also thank SEDFA for supporting small businesses”.
