Accounting and bookkeeping services

The market for accounting and bookkeeping services in KwaZulu Natal is worth about R38 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 business. With only 16 suppliers currently serving 9 departments, it's relatively uncrowded, which could be a favourable opportunity for your organisation. The Department of Public Works and other government departments in the province are likely to be key clients, and it's worth noting that black-owned businesses, like yours, are currently underrepresented, making up only about 7% of the allocation. If I were you, I'd focus on building relationships with these departments and exploring how your business can meet their accounting and bookkeeping needs.