Your business is considering getting into the real estate services market in Limpopo, which is a sizeable market with about R146 million in total spend. This market is relatively stable, with no year-over-year growth, so you can expect a consistent demand for services. With 119 suppliers already operating in this space, it's a fairly crowded market, and you'll need to differentiate your organisation to stand out. The Department of Public Works and other government departments are among the 11 departments that procure these services, and it's worth noting that about 33% of the allocation favours black-owned businesses. 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.
R146M
119
11
R350K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
33.1%
11.3%
8.8%
0.3%