The market for management advisory services in the Free State province is worth about R4.1 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 27 suppliers already in the mix, it's a relatively crowded space, and you'll need to stand out to get noticed by the 6 departments that are buying these services. It's worth noting that nearly half of the allocation, 46.2%, goes to black-owned businesses, so if your business has a strong black ownership component, you may have a favour in terms of procurement. If I were you, I'd focus on building relationships with those 6 departments to understand their specific needs and see where your business can add value.
R4M
27
6
R132K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
46.2%
10.9%
4.2%
0.4%