Tanda Fitment Centre and tyres
Business Location: | Urban |
Province | North West |
Branch: | Dr Kenneth Kaunda |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The centre offers a wide range of services, including:
• Tyre sales and fitment for different vehicle types.
• Wheel balancing and alignment to ensure safe driving.
• Puncture repairs and emergency tyre solutions.
• Tyre rotation and maintenance services to extend tyre lifespan.
Challenges/Needs:
Like many small businesses, T and A Fitment Centre and Tyres faced significant hurdles on their entrepreneurial journey. The owners struggled with limited business acumen, restricted access to funding, outdated or insufficient machinery, and challenges in effectively positioning their business in a competitive market.
Intervention Insights and Results
Intervention Details:
• Assisting in the development of a comprehensive business proposal.
• Implementing financial management systems to strengthen cash flow and record-keeping.
• Providing training in business management skills to improve operational efficiency.
• Introducing the Business Model Canvas to refine their value proposition and growth strategy.
• Offering showcasing opportunities at various trade exhibitions, opening doors to new markets and networks.
• Implementing financial management systems to strengthen cash flow and record-keeping.
• Providing training in business management skills to improve operational efficiency.
• Introducing the Business Model Canvas to refine their value proposition and growth strategy.
• Offering showcasing opportunities at various trade exhibitions, opening doors to new markets and networks.
Outcome Details:
These interventions yielded remarkable results. The company’s sales grew from R70,000.00 to R163,600.00, while net profit increased from R10,522.00 to R23,342.00. The business also expanded its workforce, growing from 2 to 5 employees, thereby contributing to job creation in Wolmaransstad.
Client Feedback
Client Comments:
Reflecting on their journey, co-owner Tsholofelo shared:
"We are truly grateful to Sedfa for walking this journey with us. Their training, guidance, and continuous support have opened our eyes to what our business can achieve. Today, we are not only financially stronger, but we are also more confident entrepreneurs ready to grow even further."
"We are truly grateful to Sedfa for walking this journey with us. Their training, guidance, and continuous support have opened our eyes to what our business can achieve. Today, we are not only financially stronger, but we are also more confident entrepreneurs ready to grow even further."