Makolane Projects CC
| Business Location: | Rural area - Farms |
| Province | Gauteng |
| Branch: | Seda Tshwane Branch |
| Business Start Date: | 2020-01-16 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business, since June 2020, is involved in recycling services and environmental cleaning - collecting or picking recyclable scrap – aluminium cans and PET plastics, sorting it, cleaning and drying, bailing and transportation to recycling plants. The business is based in Moloto South.
Challenges/Needs:
Business skills such as financial management, business planning administration and marketing.
Marketing for the business - signage and promotional Materials.
Facilitate Access to funding- for a truck, bailing machine as well as digital scale
Intervention Insights and Results
Intervention Details:
Makolane Projects attended Start UP 1 Course, Productivity Improvement Training, and Occupational Health & Safety Training and Financial Management Training
The business was approved for Asset Assist Programme on 30 March 2024, TSH/659, and was assisted with - Post Funding Support – Asset Assist, contracting documents, validation of supplier information and quotes, Expenditure Approval Forms, processing of payment and acquisition of equipment, and operationalisation.
The business was approved for Asset Assist Programme on 30 March 2024, TSH/659, and was assisted with - Post Funding Support – Asset Assist, contracting documents, validation of supplier information and quotes, Expenditure Approval Forms, processing of payment and acquisition of equipment, and operationalisation.
Outcome Details:
Sedfa advisory and Trainings interventions resulted in business efficiency in respect of financial management, administration, and general operations as well as increased sales.
The business acquired funded expansion – bailing machine and electronic scale.
The business’s turnover improved by R62 500, or 14, 88% from R420 000 to R482 500. The net profit also improved by R8 900 or 445% from R2 000 to R10 900.
One new job was created, and three were sustained. The business now has 4 employees.
The business acquired funded expansion – bailing machine and electronic scale.
The business’s turnover improved by R62 500, or 14, 88% from R420 000 to R482 500. The net profit also improved by R8 900 or 445% from R2 000 to R10 900.
One new job was created, and three were sustained. The business now has 4 employees.
Client Feedback
Client Comments:
I am grateful for the Assets, and even more grateful for the business enlightments, my business is now run professionally and on upward trajectory. I wish to grow more with Sedfa by my side
