Management advisory services

The market for management advisory services at a national level is quite large, with about R243 million spent by government departments. This market is relatively stable, with no year-over-year growth, which could indicate that it's a mature market with established players. With 370 suppliers competing for contracts, it's a crowded space, and you'll need to differentiate your business to stand out. It's also worth noting that the government has a significant focus on supporting black-owned businesses, with about 46% of the spend allocated to these organisations. To get a foothold in this market, you should consider ensuring your business meets the requirements for a favourable your B-BBEE level, as this could give you a competitive edge when bidding for government contracts.