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| Business Location: | Rural area - Villages |
| Province | Limpopo |
| Branch: | Mopani |
| Business Start Date: | 2021-04-20 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Tyre sales and repair Services
Challenges/Needs:
• The business was not registered and did not know about compliances.
• The owner wanted funding but lacked the skill and knowledge on how to access funding.
Intervention Insights and Results
Intervention Details:
Company regiatration and Financial management training
• The client was assisted to formalize his business and with compliance
• Training of Financial management and other business development support through advises.
• The client was assisted to formalize his business and with compliance
• Training of Financial management and other business development support through advises.
Outcome Details:
• The capacity building the client now is able to manage the business finances and keep all records for annual financial statements.
• The number of customers has increased significantly and keeps rising daily.
• Its turnover has increased by 281% from R30 000 to R114 381.
• The business has sustained the owner, even during tough economic times and manage to create 1 new employment.
• The number of customers has increased significantly and keeps rising daily.
• Its turnover has increased by 281% from R30 000 to R114 381.
• The business has sustained the owner, even during tough economic times and manage to create 1 new employment.
Client Feedback
Client Comments:
“I’m are so grateful for Sedfa, they offered me great support, now I can see that I’m running a business”
