Real estate services

Your business is looking at a market for real estate services that's worth about R600 million, which is a significant opportunity. However, the fact that there's been no year-over-year growth means it's not expanding, so you'll need to compete for existing contracts. With 558 suppliers already in the mix, it's a fairly crowded space, and you'll need to stand out to get noticed by the 34 different government departments that are buying these services. It's also worth noting that about a third of the allocation is set aside for black-owned businesses, which could be a factor to consider. If I were you, I'd focus on building relationships with those departments and highlighting your business's unique strengths to get a foothold in this competitive market.