Billion Armour Security
| Business Location: | Rural & Township |
| Province | Eastern Cape |
| Branch: | OR Tambo |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
To further grow Billion Armour, Dr. Khaya Nongomba approached the Small Enterprise Development and Finance Agency (SEDFA) for assistance. After a thorough assessment, Billion Armour Security received crucial support from SEDFA, which assisted the company in registering with PSIRA, the governing body responsible for overseeing the security industry. This registration is a critical step towards obtaining the operational license required to operate as a security company. Additionally, SEDFA provided support for promotional materials, helping the company to establish a strong brand presence.
Challenges/Needs:
registering with PSIRA, the governing body responsible for overseeing the security industry. This registration is a critical step towards obtaining the operational license required to operate as a security company. Additionally, SEDFA provided support for promotional materials, helping the company to establish a strong brand presence.
Intervention Insights and Results
Intervention Details:
registering with PSIRA, the governing body responsible for overseeing the security industry. This registration is a critical step towards obtaining the operational license required to operate as a security company. Additionally, SEDFA provided support for promotional materials, helping the company to establish a strong brand presence.
Outcome Details:
Thanks to SEDFA's intervention, Billion Armour Security has created 7 new permanent jobs, employing 7 security personnel. This significant job creation contributes to the local economy and demonstrates the company's potential for growth and sustainability.
• Sales Increase: Sales skyrocketed from R0.00 to R120 000.00 in Six Months Period.
• Sales Increase: Sales skyrocketed from R0.00 to R120 000.00 in Six Months Period.
Client Feedback
Client Comments:
“Billion Armour Security's success story showcases the impact of SEDFA's support on youth-led entrepreneurship and job creation. With continued growth and expansion, the company is expected to make a significant contribution to the local economy and the security industry as a whole.”.
