The market for accommodation furniture in Gauteng is worth about R1.7 million, which is a decent size. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for existing contracts. The market is relatively uncrowded, with only 17 suppliers currently working with 3 departments, including the likes of the Department of Public Works and possibly the Department of Education. Your B-BBEE level will be crucial, as about 74% of the allocation goes to black-owned businesses, so it's essential to have a good understanding of the Broad-Based Black Economic Empowerment programme. If I were you, I'd focus on getting your B-BBEE certification in order to take advantage of the favourable allocation for black-owned businesses in this market.
R2M
17
3
R80K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
74.1%
18.7%
12.7%
0.5%