Domestic and personal assistance
Your business is looking at a market in the Western Cape that's focused on domestic and personal assistance, and it's worth about R6.8 million. This market is relatively stable, with no year-over-year growth, so you won't have to worry about it shrinking or exploding anytime soon. With only 14 suppliers currently operating in this space, it's not overly crowded, which could favour your organisation if you decide to enter. The Department of Social Development and other departments are among the 5 government departments that procure these services, and it's worth noting that about 68% of the allocation goes to black-owned businesses. If I were you, I'd consider getting a good understanding of the Black Economic Empowerment programme and how your business can comply with its requirements to increase your chances of securing government contracts.
R7M
14
5
R285K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
68.0%
44.4%
28.1%
0.1%