Phadisang Trading and Projects
| Business Location: | Township |
| Province | Limpopo |
| Branch: | Waterberg |
| Business Start Date: | 2012-05-27 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Phadisang Trading and Projects sell a variety of food items to the Marapong community. Under the leadership of a dedicated woman, the business has experienced significant growth as it has drawn more customers and continually expand its product and service offerings. Due to its distance from Lephalale town, Marapong has a significant demand for these products and services.
Challenges/Needs:
Amongst other things, the following challenges were discovered during discussions and whilst the business advisor was conducting comprehensive business assessment:
• Inadequate knowledge of financial management and other relevant business skills resulting in poor financial performance and management
• Limited knowledge of inventory management
• Limited knowledge of proper food handling
• Lack of enough stock
• Poor visibility of the business resulting in low patronage, mainly due to lack of any form of signage
• No professional business image due to a lack of a business identity
Intervention Insights and Results
Intervention Details:
• The client was enrolled and attended the following trainings:
Financial Management
Lightbox signage was developed for proper visibility
Inventory Management
Food Handling (HACCP)
• Client was assisted to apply for W & R SETA grant funding
Financial Management
Lightbox signage was developed for proper visibility
Inventory Management
Food Handling (HACCP)
• Client was assisted to apply for W & R SETA grant funding
Outcome Details:
• The client is now capable of managing the business finances and accurately documenting financial transactions.
• Business is more visible to target market
• Phadisang Trading and Project got approved for R6 500.00 grant funding by W & R SETA to purchase stock.
• The business Turnover has increased from R119 173.00 to R145 000.00.
• The business employment has increased from 1 to 2 jobs.
• Business is more visible to target market
• Phadisang Trading and Project got approved for R6 500.00 grant funding by W & R SETA to purchase stock.
• The business Turnover has increased from R119 173.00 to R145 000.00.
• The business employment has increased from 1 to 2 jobs.
Client Feedback
Client Comments:
I would like to take this opportunity to give a very big thank you to SEDFA and Mr. Kgaripane for support.
