Your business is considering the real estate services market in the Free State, which is worth about R74 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 67 suppliers already in the mix, it's a fairly crowded space, but there's still room for your organisation to make a mark, especially if you favour black-owned, women-owned, or youth-owned businesses, which receive a significant portion of the allocation, such as 33% for black-owned businesses. The Department of Public Works and other government departments are among the 7 departments that procure these services, so building relationships with them will be key. If I were you, I'd focus on building a strong B-BBEE level, particularly as a black-owned business, to increase your chances of securing contracts in this programme.
R74M
67
7
R908K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
33.1%
11.3%
8.8%
0.3%