Dr MH Adam Investments PTY(Ltd)
| Business Location: | Urban |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | |
| Busniess Type: | Sole Proprietor |
Business Dynamics and Challenges
Business Activities:
The business offers medical advice and services to all income earners within the surrounding area
Challenges/Needs:
The following challenges were identified:
• Limited clientele, and
• Limited turnover and profits.
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:
• Signage, and
• Continuous business advice
• Signage, and
• Continuous business advice
Outcome Details:
The following results were achieved:
• Turnover increased from R 0 to R 359 035, and
• Profits have increased from R 0 to R 87 464.
• Employees increase from 1 to 3.
• Turnover increased from R 0 to R 359 035, and
• Profits have increased from R 0 to R 87 464.
• Employees increase from 1 to 3.
Client Feedback
Client Comments:
I would like to express my words of gratitude to Sedfa for helping me setup my business in a proper manner and hoping that your assistance would not stop from here.
