TSHEDZA ADVANCED PROJECT (PTY) LTD COMPANY PROFILE.doc
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Transcript of TSHEDZA ADVANCED PROJECT (PTY) LTD COMPANY PROFILE.doc
BUSINESS PROFILE – TSHEDZA ADVANCED PROJECT (PTY) LTD: 2014/179563/07
NATURE OF BUSINESS
Legal Name TSHEDZA ADVANCED PROJECT (PTY) LTD
Trading Name TSHEDZA ADVANCED PROJECT (PTY) LTD
COMPANY STRUCTUREForm of Business PRIVATE COMPANYRegistration Number 2014/179563/07
Office Address Limpopo
STAND NO: 16HALUVHIMBIMAKONDE, 0984Cell: 073 4380 208
Contact Information Postal Address : P.O BOX 474 MAKONDE 0984Contact Person : SIVHIDZHO NANGANI TIMOTHYCell : 073 4380 208
PRODUCT AND SERVICESBrief Description of the Organization
TSHEDZA ADVANCED PROJECT (PTY) LTD is offering the following Product and services:
- Dressmaking- Maintenance Services - Cleaning Services- Event Management Services- Printing Services- Supply Services
Service Provides a high quality service which is not presently
available in this area.Quality We offer a guarantee for our products and we will
deliver. We endeavour to supply the correct product for the application maintaining the highest possible quality standards.
Price Our products are priced below the competitor’s price in order to attract targeted customers.
BUSINESS PROFILE: TSHEDZA ADVANCED PROJECT (PTY) LTD - 2014/179563/07 Page 1
History of Company
The Company After the democratic election in 1994, thousands of people have lost their jobs because the majority companies have closed. Majority of these companies were owned and managed by White people who have decided to leave South Africa because it was going to be the democratic country. It’s an open secret that the government cannot employ all people.
TSHEDZA ADVANCED PROJECT (PTY) LTD was formed and registered as a Private Company and decided to contribute to the local economy, by hiring people to reduce the unemployment rate in the community.
COMPANY STRUCTURE
Management Team The Management team is composed of one member who is responsible for the management of the day to day business activities. Employees will be employed from our province as a strategic way to curb the rate of unemployment and poverty.
Name: Sivhidzho Nangani TimothyPosition: Managing DirectorShare Holder Percentage: 100%Gender: Male
Our Philosophy By combining experience and training, TSHEDZA ADVANCED PROJECT (PTY) LTD will be able to create a high customer satisfaction level. The business is using highly and approved quality materials from our suppliers, as to offer high quality services TSHEDZA ADVANCED PROJECT (PTY) LTD philosophy is embedded in our customer oriented management and operations, continuous efforts to expand our existing market and create new market. These philosophies shall be incorporated at all levels of the business.
Contribution to local Economy
After the democratic elections of south Africa in 1994. The past-apartheid government immediately embarked on rebuilding our beautiful country. Much needed programs and policies such as RDP, GEAR, Affirmative Action, gender Equity, Black economic empowerment were implemented to readdress the imbalances of the past. Since TSHEDZA ADVANCED PROJECT (PTY) LTD, Black owned and managed business has assisted in building the economy and help in reducing the unemployment rate.
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COMPANY OVERVIEWEthics TSHEDZA ADVANCED PROJECT (PTY) LTD shall conduct
its dealings in a fair manner and in such a way to enhance its reputation in both the business and general community. At all times and in all transaction will comply with legal requirement of south Africa.
Vision An enterprise recognised as one of the best and leading organizations in South Africa.
Objectives To create employment opportunities for the owner and the unemployed.
To provide high quality services to the community at an affordable price.
To contribute to black economic empowerment. To promote the society standard of living.
Goals To create a reputation of quality, consistency, reliable services and security that will make us the leader supply industry.To provide a high customer services.To generate new customers every time.
Core Values The Organization is committed to upholding the generally acceptable business ethics in performing its activities. The organization believes in serving its customers with:
Accountability Integrity Dedication Faithfulness
POLICY STATEMENT
OUR CUSTOMERSBeneficiaries The operation of the business will benefit the following:
The Community Local Municipality The Government The Private Institutions
The above-mentioned parties will benefit because of the employment opportunities created, reduction of the crime rate, poverty alleviation and improved standard of living of the community.
BUSINESS PROFILE: TSHEDZA ADVANCED PROJECT (PTY) LTD - 2014/179563/07 Page 3
Customers TSHEDZA ADVANCED PROJECT (PTY) LTD shall offer quality product and services and value of money, at least comparable with that of its own competitors.
Debt Collection Normally credit terms will be in accordance with industry practice. Extended credit terms will be given to customers with, only in exceptional circumstances.
SUPPLIERSSuppliers Local Suppliers shall be given preference, provided that their
quality, services and cost meets that of national alternatives.Loyalty Established suppliers shall be given notice of any attention to
change sources that will affect them.Communication Detailed product/services specifications and revisions will be
given to suppliers in writing.Payments Payment to our suppliers shall not be delayed, without prior
negotiation.
EMPLOYEES
Communication TSHEDZA ADVANCED PROJECT (PTY) LTD shall communicate general policy to its member through workshops and all employees will be furnished with copy of policy.
Wages and Salaries Salaries shall be in accordance with industries standards, and structured to maintain a staff turnover within 10%
Monitoring, Evaluation and Financial Management
The managing Director will monitor the day to day running of the business.
Reports are compiled monthly to evaluate the running of the business.
A separate bank account has been opened. Income & expenditure are recorded and reconciled every day.
Monthly account reports: Cashbook, Bank reconciliation are compiled.
Efficiency TSHEDZA ADVANCED PROJECT (PTY) LTD ’S manager and her workers will meet each week to discuss actual performance compared with plans. Objectives shall be agreed annually for each employee and performance reviewed quarterly.
Training TSHEDZA ADVANCED PROJECT (PTY) LTD shall maintain internal training and support external industry related and professional training.
BUSINESS PROFILE: TSHEDZA ADVANCED PROJECT (PTY) LTD - 2014/179563/07 Page 4
Strength Location-Proximity to markets and distribution Channel Availability of efficiency and skilled labourPricing – Known for aggressive pricing Policy Delivery – rendered/ Ship everywhere in Limpopo province at any time and country at large.Management – management is well motivated and well experienced in business operation.Storage – High Storage Capacity.
Sustainability The business will be sustained through: Tendering for the various projects offered by the
government’s department and institutions Providing the business goods and services to different
individuals and private institutions Ensuring relevant business training to the employees
as the business grows
CONCLUSION The feasibility and viability study of the business idea had been thoroughly conducted and had shown an existing gap, and opportunity that needs to be exploited. The experience and business know-how of the members are sources for the business’s strength to deliver and continue its operation.
BUSINESS PROFILE: TSHEDZA ADVANCED PROJECT (PTY) LTD - 2014/179563/07 Page 5