Le venue Projects (Pty) LTD

Business Location: Township
Province Western Cape
Branch: George - Eden
Business Start Date:
Busniess Type: Company

Business Dynamics and Challenges

Business Activities: Le Venue offers a full range of services, including: Interior decorating and styling; Space planning and layout; Furniture and soft furnishing sourcing, and Colour event and seasonal styling.
Challenges/Needs: Lack of cash flow management; Lack of quality control; Lack of inventory management, and Lack of time management.

Intervention Insights and Results

Intervention Details: The client visited the Sedfa Central Karoo Branch to seek assistance with growing the business. He was introduced to a Business Advisor who conducted a thorough diagnostic assessment, Critical Planning Exercise (CPE) on the business. The CPE aims to plan and prepare financial projections for twelve months or more and simulate various “what if” scenarios. The assessment enabled the business to make accurate and realistic financial predictions and develop a plan that significantly contributed to its success.
The following intervention was implemented:
Access to Finance (IMEDP).
Outcome Details: The business showed the following improvements:
Turnover increased from R 44 740 to R 73 680, an increase of 64%, and
Employment increased from 3 to 5 workers.

Client Feedback

Client Comments: Fiona and Sedfa, we sincerely appreciate your continuous support; it truly means a lot to the team.
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