The market for restaurants and catering in the North West province is worth about R130 million, which is a significant opportunity for your business. However, it's worth noting that this market isn't growing, with zero year-on-year growth, so you'll need to compete for existing contracts. With 364 suppliers already in the market, it's quite crowded, and you'll need to differentiate your business to stand out. The Department of Trade and Industry's programme to support black-owned businesses is also relevant here, as about 58% of the spend in this market is allocated to black-owned businesses. If I were you, I'd focus on building relationships with the 12 government departments that procure these services, such as the Department of Education or Health, to increase your chances of winning contracts.
R13M
364
12
R31K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
57.9%
35.7%
14.7%
0.6%