SIMTHEMBHILE LEATHER TRADING (PTY) LTD TRADING AS MALANGA DESIGN
| Business Location: | Township |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business manufactures all leather products such as belts, shoes, bags and key rings.
Challenges/Needs:
• Limited access to new markets, and
• Limited turnover.
Intervention Insights and Results
Intervention Details:
The client approached Seda Cape Winelands Branch to seek assistance with the growth of the business, where he was introduced to Mphumzi Mange, one of the Business Advisors who conducted a diagnostic assessment, the Critical Planning Exercise (CPE) on the business. The aim of the CPE is to plan and prepare financial projections for twelve months or more and simulates various “what if” scenarios. The assessment assisted the business to make accurate, realistic financial predictions and develop a plan which significantly contribute to the business viability and how best to improve competitiveness and grow the business. The following recommendations were implemented:
• Trade exhibition (WTM 2025), and
• Facilitation of coaching and continuous business advice
• Trade exhibition (WTM 2025), and
• Facilitation of coaching and continuous business advice
Outcome Details:
The following results were achieved:
• Turnover increased from R 84 000 to R 98 280, which is a 17% increase,
• Profits increased from R 5 970 to R 12 480, which is a 109% increase and.
• Employment changed from 1 to 2 employees, including the owner.
• Turnover increased from R 84 000 to R 98 280, which is a 17% increase,
• Profits increased from R 5 970 to R 12 480, which is a 109% increase and.
• Employment changed from 1 to 2 employees, including the owner.
Client Feedback
Client Comments:
“Thank you Sedfa for the help and exposure you give to us. We know that we would not be able to show our products to these places if you did not create the platform for us, thank you”.
