One More Traders
| Business Location: | Rural |
| Province | Limpopo |
| Branch: | Sekhukhune |
| Business Start Date: | 2006-09-26 |
| Busniess Type: | cc |
Business Dynamics and Challenges
Business Activities:
• Auto-mechanic- Vehicle Diagnostics, Engine Repairs and Maintenance, Oil Changes and Fluid Services, Brake System Repairs, Suspension and Steering Services, Transmission Repairs, Exhaust System Services, Tyre Services, Clutch and Gearbox Repairs, Routine Maintenance, and Cooling System Repairs, as well as Battery and Electrical Component Assistance.
• Auto- Electrician - Electrical Diagnostics and Repairs, Battery Services, Starter Motor and Alternator Repairs, Lighting and Indicator Systems, Wiring Installation and Repairs, Electronic Control Unit (ECU) Services, Accessory Installation and Air Conditioning Systems.
• Tyre Fitment - Tyre Sales and Replacement, Wheel Balancing, Wheel Alignment, Puncture Repairs, Tyre Rotation, Tyre Pressure Checks and Inflation, Rim and Wheel Services, Battery Testing and Replacement, Suspension Checks and Minor Repairs.
Challenges/Needs:
One More Traders encountered several significant challenges that hindered its growth and profitability:
• Operating with limited equipment which led to slowed growth and longer waiting times for clients.
• Lack of back-up power, when the Jane Furse area continues to experience power cuts adversely impacting the operation of the workshop.
• Gaps in strategic business management and growth planning.
• Reduced service reliability for clients, especially automotive equipment.
Intervention Insights and Results
Intervention Details:
• Development of business plan to secure funding and as a roadmap to achieving its strategic objectives.
• Facilitation of access to funding through the SEDFA Asset Assist programme.
• Mentorship support, focusing on improving operational efficiency and strengthening financial management.
• Facilitation of access to funding through the SEDFA Asset Assist programme.
• Mentorship support, focusing on improving operational efficiency and strengthening financial management.
Outcome Details:
One More Traders received a significant intervention through the acquisition of workshop equipment and generator valued at R249 177.61 through SEDFA asset assist program. This investment has substantially transformed the operational capabilities of the business.
1. Turnover increased from R 540 000.00 to R1 254 512.00 - a growth of R714 512.00.
2. Net profit improved from R127 000.00 to R134 310.00.
3. Employment grew from 7 to 9 employees, creating 2 new jobs.
1. Turnover increased from R 540 000.00 to R1 254 512.00 - a growth of R714 512.00.
2. Net profit improved from R127 000.00 to R134 310.00.
3. Employment grew from 7 to 9 employees, creating 2 new jobs.
Client Feedback
Client Comments:
Sedfa has walked the journey with One More Traders over the years, the workshop is what it is today, because of the valuable investment made in it.
