Management advisory services

Your business is considering the management advisory services market in the Eastern Cape, which is worth about R2.9 million. This market is relatively stable, with no year-over-year growth, and has a moderate number of suppliers, with 301 companies competing for contracts from 9 different government departments. The market favours smaller, black-owned businesses, with about 46% of the allocation going to these organisations, as well as women-owned and youth-owned businesses, which receive about 11% and 4% respectively. The Department of Education and other departments are likely key players in this market. If I were you, I'd focus on building relationships with these departments and ensuring your B-BBEE level is up to date to increase your chances of securing contracts.