TLG Health Group
| Business Location: | Township |
| Province | KwaZulu-Natal |
| Branch: | uMgungundlovu |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
- Herbal Product Manufacturing
- Bottling and Packaging
- Quality Control and Hygiene Management
- Procurement of Raw Materials
- Distribution and Delivery
- Marketing and Sales
- Client and Retailer Relationship Management
Challenges/Needs:
-Limited access to formal markets, particularly in retail pharmacy chains.
- Inadequate infrastructure to support increased demand and retail compliance requirements.
- No professionally developed business plan or profile
- Insufficient production space and basic processing equipment.
- Need for funding to upgrade manufacturing facility and implement quality control systems.
Intervention Insights and Results
Intervention Details:
- Developed a Business Plan and Company Profile to improve the business's formal documentation and credibility.
- Facilitated Access to Market support, which included guidance on how to approach and engage formal retailers.
- Referred the business for SEDFA Direct Lending to fund infrastructure and production upgrades aligned with retail requirements.
- Positioned the business for participation in the SPAR Group Enterprise and Supplier Development Programme, where they are currently in the onboarding process.
- Facilitated Access to Market support, which included guidance on how to approach and engage formal retailers.
- Referred the business for SEDFA Direct Lending to fund infrastructure and production upgrades aligned with retail requirements.
- Positioned the business for participation in the SPAR Group Enterprise and Supplier Development Programme, where they are currently in the onboarding process.
Outcome Details:
- Turnover increased by 22.2% (from R720,000 to R880,000)
- Net profit increased by 19.2% (from R218,500 to R260,500)
- Employment grew by 300% (from 2 to 8 full-time staff)
- Business successfully secured supply opportunities with SPAR Group Pharmacies
- The development of a business plan and profile enabled access to formal markets
- Currently undergoing onboarding into the SPAR Group ESD Programme
- Net profit increased by 19.2% (from R218,500 to R260,500)
- Employment grew by 300% (from 2 to 8 full-time staff)
- Business successfully secured supply opportunities with SPAR Group Pharmacies
- The development of a business plan and profile enabled access to formal markets
- Currently undergoing onboarding into the SPAR Group ESD Programme
Client Feedback
Client Comments:
We’ve always had the product, but with SEDFA’s help, we now have the structure and direction to grow the business properly.
