Accounting and bookkeeping services

The market for accounting and bookkeeping services in Gauteng is worth about R64 million, which is a decent size. However, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing pie. With only 11 suppliers currently serving 15 government departments, it's relatively uncrowded, which could favour your organisation if you can offer competitive services. Your B-BBEE level will also be important, as the government aims to allocate a portion of this spend to black-owned, women-owned, and youth-owned businesses, with black-owned businesses getting the largest share at 7.17%. If I were you, I'd focus on building relationships with the key departments and ensuring your B-BBEE credentials are in order to take advantage of this opportunity.