Matetu Business Enterprise
| Business Location: | Urban |
| Province | Limpopo |
| Branch: | Capricorn |
| Business Start Date: | |
| Busniess Type: | cc |
Business Dynamics and Challenges
Business Activities:
Matetu Enterprise offers car wash services as well as a tshisanyama-style restaurant, which prepares and sells cooked meals.
Challenges/Needs:
• Poor cash flow management.
• Inadequate financial and operational record-keeping practices.
Intervention Insights and Results
Intervention Details:
Based on the assessment, the following interventions were recommended:
• Training in financial management.
• Mentorship in financial and operational record-keeping.
• Training in financial management.
• Mentorship in financial and operational record-keeping.
Outcome Details:
• Annual revenue increased by 145%, rising from R222,685 at the intervention stage to R546,480 at the impact assessment stage.
• Employment increased by 200%, with the number of permanent employees growing from one (1) to three (3).
• Employment increased by 200%, with the number of permanent employees growing from one (1) to three (3).
Client Feedback
Client Comments:
“The training helped me to better understand my finances, and I am now able to monitor business performance and separate personal finances from business finances.”
