Coral Bloom Studio
| Business Location: | Urban |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Functional Art Product Manufacturer
Challenges/Needs:
• Lack of local and offshore sales;
• inadequate production capacity, and
• Limited cashflow.
Intervention Insights and Results
Intervention Details:
Facilitated acquisition of equipment from the Asset Assist Programme
Outcome Details:
• Turnover increased from R 1 423 611 to R 3 818 259, an increase of 168.21%;
• Net profit increased from R 317 272 -R 2 116 225, an increase of 567%, and
• Employment opportunities increased from 22 to 24 staff members.
• Net profit increased from R 317 272 -R 2 116 225, an increase of 567%, and
• Employment opportunities increased from 22 to 24 staff members.
Client Feedback
Client Comments:
I am incredibly grateful to Shahied and Sedfa for their invaluable mentorship and support. Their guidance has been instrumental in helping us scale Coral Bloom Studio to new heights, especially during critical growth phases. Shahied's insights and the funding
provided have not only shaped our business success story but also left a lasting impact on our journey. Thank you for believing in us and empowering us to achieve our vision.
provided have not only shaped our business success story but also left a lasting impact on our journey. Thank you for believing in us and empowering us to achieve our vision.
