Nofemela Business Enterprise (Pty) Ltd
| Business Location: | Township |
| Province | Northern Cape |
| Branch: | ZF Mgcawu |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The complete package provided is geared toward business and social gatherings, such as:
•
Weddings, Anniversaries, Birthday Parties, and Family Reunion functions.
•
Special Events, Association banquets, Government Workshops.
•
Funerals, Graduations, Umgidi’s, etc.
Challenges/Needs:
Despite its growth and strong market demand, Nofemela Business Enterprise (NBE) continues to face several operational challenges that limit its ability to scale and deliver a fully upmarket service offering. These challenges include:
1.
Limited Capacity to Service Large-Scale Events- NBE currently does not possess sufficient high-quality infrastructure—such as a large stretch tent, adequate seating, and VIP mobile toilets—to accommodate events with more than 500–1 000 guests. This limits the business’s competitiveness when bidding for large government and corporate events, which often require comprehensive logistics and high-capacity equipment. The business needed financial assistance of R 1 773 547.00, which will be used to acquire a tent, chairs, VIP mobile toilets, and an 8-ton truck.
2.
Inadequate Transport and Logistics Equipment - The absence of a dedicated 8-ton truck creates operational inefficiencies. The business relies on hired or borrowed transport, which leads to increased logistics costs, inconsistent vehicle availability, transportation delays, setup delays, and a reduced ability to handle multiple bookings concurrently.
3.
Reliance on Rented or Borrowed Equipment – NBE experienced higher operational costs and lower profit margins due to the rental of equipment.
4.
Limited Storage and Inventory Management - The increasing inventory of décor items, seating, tables, and accessories is putting a strain on current storage facilities. Insufficient storage can result in the following issues:
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Damage to equipment
•
Inefficient inventory tracking
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Challenges in maintaining the presentation standards expected by upscale clients.
Intervention Insights and Results
Intervention Details:
The following interventions were proposed and implemented to address the challenges faced by Nofemela Business Enterprise (Pty) Ltd:
1.
Business Plan and 5-year Cashflow Projections - Nofemela Business Enterprise (Pty) Ltd received comprehensive business development support from SEDFA to strengthen its strategic direction, improve operational planning, and enhance financial readiness for expansion. Recognising the growth potential of NBE within the events management and banquet services sector, SEDFA assisted the enterprise in developing a detailed Business Plan and five-year financial projections tailored to the company’s unique operational environment and growth ambitions.
2.
HR and Payroll Policy Implementation - The company received assistance in the development and implementation of a comprehensive HR and payroll policy framework. This included procedures for recruitment, onboarding, performance management, leave management, and disciplinary processes. In addition, a payroll system was set up in line with statutory requirements, including PAYE, UIF, and SDL. These measures improved compliance, clarified employee roles, and strengthened workforce management.
3.
Mme Reka Thusa Grant Fund (YWD) – Equipment Acquisition – The business received strategic support and facilitation from SEDFA to access funding through the Mme Reka Thusa Trust Fund – Youth, Women and People Living with Disabilities (YWD) Grant Fund worth R 75,000.00 to buy catering equipment. This grant mechanism, delivered in partnership with SEDFA’s broader enterprise development ecosystem, is specifically designed to empower women-led, youth-owned, and disability-inclusive enterprises through financial support for equipment and operational tools.
1.
Business Plan and 5-year Cashflow Projections - Nofemela Business Enterprise (Pty) Ltd received comprehensive business development support from SEDFA to strengthen its strategic direction, improve operational planning, and enhance financial readiness for expansion. Recognising the growth potential of NBE within the events management and banquet services sector, SEDFA assisted the enterprise in developing a detailed Business Plan and five-year financial projections tailored to the company’s unique operational environment and growth ambitions.
2.
HR and Payroll Policy Implementation - The company received assistance in the development and implementation of a comprehensive HR and payroll policy framework. This included procedures for recruitment, onboarding, performance management, leave management, and disciplinary processes. In addition, a payroll system was set up in line with statutory requirements, including PAYE, UIF, and SDL. These measures improved compliance, clarified employee roles, and strengthened workforce management.
3.
Mme Reka Thusa Grant Fund (YWD) – Equipment Acquisition – The business received strategic support and facilitation from SEDFA to access funding through the Mme Reka Thusa Trust Fund – Youth, Women and People Living with Disabilities (YWD) Grant Fund worth R 75,000.00 to buy catering equipment. This grant mechanism, delivered in partnership with SEDFA’s broader enterprise development ecosystem, is specifically designed to empower women-led, youth-owned, and disability-inclusive enterprises through financial support for equipment and operational tools.
Outcome Details:
The following interventions were proposed and implemented to address the challenges faced by Nofemela Business Enterprise (Pty) Ltd:
1.
Business Plan and 5-year Cashflow Projections - Nofemela Business Enterprise (Pty) Ltd received comprehensive business development support from SEDFA to strengthen its strategic direction, improve operational planning, and enhance financial readiness for expansion. Recognising the growth potential of NBE within the events management and banquet services sector, SEDFA assisted the enterprise in developing a detailed Business Plan and five-year financial projections tailored to the company’s unique operational environment and growth ambitions.
2.
HR and Payroll Policy Implementation - The company received assistance in the development and implementation of a comprehensive HR and payroll policy framework. This included procedures for recruitment, onboarding, performance management, leave management, and disciplinary processes. In addition, a payroll system was set up in line with statutory requirements, including PAYE, UIF, and SDL. These measures improved compliance, clarified employee roles, and strengthened workforce management.
3.
Mme Reka Thusa Grant Fund (YWD) – Equipment Acquisition – The business received strategic support and facilitation from SEDFA to access funding through the Mme Reka Thusa Trust Fund – Youth, Women and People Living with Disabilities (YWD) Grant Fund worth R 75,000.00 to buy catering equipment. This grant mechanism, delivered in partnership with SEDFA’s broader enterprise development ecosystem, is specifically designed to empower women-led, youth-owned, and disability-inclusive enterprises through financial support for equipment and operational tools.
•
Enabling market competitiveness, particularly for government, corporate, and community-based events that require reliable,
high-capacity event infrastructure.
3.
Increased Turnover - Increased operational capacity, improved efficiency, and the ability to handle larger events. The company recorded an increase in turnover of R 200 748.00, from R 148 886.00, compared to the previous financial year.
4.
Employment: There is an increase in employment, from 2 employees to an additional three (3) permanent employees. The business has five (5) permanent employees, including the cooperative members.
1.
Business Plan and 5-year Cashflow Projections - Nofemela Business Enterprise (Pty) Ltd received comprehensive business development support from SEDFA to strengthen its strategic direction, improve operational planning, and enhance financial readiness for expansion. Recognising the growth potential of NBE within the events management and banquet services sector, SEDFA assisted the enterprise in developing a detailed Business Plan and five-year financial projections tailored to the company’s unique operational environment and growth ambitions.
2.
HR and Payroll Policy Implementation - The company received assistance in the development and implementation of a comprehensive HR and payroll policy framework. This included procedures for recruitment, onboarding, performance management, leave management, and disciplinary processes. In addition, a payroll system was set up in line with statutory requirements, including PAYE, UIF, and SDL. These measures improved compliance, clarified employee roles, and strengthened workforce management.
3.
Mme Reka Thusa Grant Fund (YWD) – Equipment Acquisition – The business received strategic support and facilitation from SEDFA to access funding through the Mme Reka Thusa Trust Fund – Youth, Women and People Living with Disabilities (YWD) Grant Fund worth R 75,000.00 to buy catering equipment. This grant mechanism, delivered in partnership with SEDFA’s broader enterprise development ecosystem, is specifically designed to empower women-led, youth-owned, and disability-inclusive enterprises through financial support for equipment and operational tools.
•
Enabling market competitiveness, particularly for government, corporate, and community-based events that require reliable,
high-capacity event infrastructure.
3.
Increased Turnover - Increased operational capacity, improved efficiency, and the ability to handle larger events. The company recorded an increase in turnover of R 200 748.00, from R 148 886.00, compared to the previous financial year.
4.
Employment: There is an increase in employment, from 2 employees to an additional three (3) permanent employees. The business has five (5) permanent employees, including the cooperative members.
Client Feedback
Client Comments:
“Committing to a specialized proactive service delivery, personal customer care, total involvement, good command and control, ongoing personnel development, and fair treatment to all involved”.