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My full assessment

Set up and Planning

  • Created a business plan
  • Performed a competitive analysis
  • Assessed the value of the market
  • Interviewed potential customers
  • Created a prototype
  • Tried to sell to customers
  • Very Confident
  • Very Confident

Market Research

  • Very Confident
  • Very Confident
  • Confident
  • Very Confident
  • Very Confident

Finances

  • Confident
  • Confident
  • Very Confident
  • Very Confident

Sales

  • Very Confident
  • Very Confident
  • Very Confident

Operations

  • Very Confident
  • Very Confident
  • Confident
  • Very Confident
  • Very Confident
  • Very Confident
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Ntokozo Sibiya Entrepreneur

Location Johannesburg, Gauteng, South Africa
Venture Industry Furniture Production/Repair/Sales
Languages spoken
  • English
Recent Activity

What I need help with

My background as an entrepreneur

My current challenges

The company started of with limited resources, in a small Workshop with little financial management and investment knowledge.

As we intensified our marketing and started recieving many orders, we couldn't meet all the demands and our delays in completing and delivering orders affected our operations and was starting to ruin our reputation.

Actions I’ve taken so far

I invested a lot in the research of the industry leading role players, the know-hows of the business and operation. I have also remodeled our operation as a business and industrial enterprise.

I have also completed a commercial and profitable Business Plan, Business Profile, Designing Process, Unique furniture line designs concept, Service Agreement templates for collaborating with different services providers in our production and sales, including other financial and management Excel templates. The business is registered and I opened a separate business account.

I have also engaged Suppliers, Store location, Service providers and skilled individuals who showed their interests to work with us.

I have also been educating myself on knowledge and skills for financial management and leadership.

My future goals

Short-Term Goals: -Securing Start-up funding -Re-launching -Securing a purchase point -Securing Transport Vehicle (Truck) -Securing business insurance -Add second Retailing outlet -Establish a management structure and facility

Long term: -Establishing a central manufacturing warehouse and headquarters -Opening more Store Outlets in Cities & Shopping canters -Distributing our own branded products -Launching big retails stores in shopping centres

My motivations to work with a mentor

As an emerging brand in an existing market with the vision to be one of the leading brands in furniture and interior designs industry, I am confident that having an experienced mentor for guidance will lead put us in the right path to succeed. With good guidance, my creative skills, vision, and my administration and management experience will contribute greatly into the success of the business.


About my venture

Zwakala Designs Started 2021

Our brand is anything but basic. it combines style, elegance, convenience, quality, and affordability for all budgets, there's not a hint of ancient pieces in sight. At Zwakala Designs, you’ll find elegantly crafted furniture and accessories that are guaranteed to make a lasting impression. Our furniture is created with the purpose of intensifying convience and the relationship between the furniture and owner.

Countries of operation: South Africa