The market for legal services in KwaZulu Natal is worth about R22.8 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 market. With 20 suppliers already serving 6 different departments, it's a relatively crowded space, and to make things more challenging, only about 16% of the spend goes to black-owned businesses, which might impact your chances depending on your B-BBEE level. To succeed, you'll need to differentiate your business and build strong relationships with the departments. Consider getting your B-BBEE certification in order to increase your chances of securing contracts, especially since the government aims to allocate a portion of the spend to black-owned, women-owned, and youth-owned businesses.
R23M
20
6
R814K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
16.4%
3.0%
1.9%
0.1%