The market for signage and accessories in Gauteng is worth about R1.8 million, which is a decent size. However, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing market. It's relatively crowded, with 16 suppliers already servicing the 2 departments that buy these products. You should also note that the government favours organisations with a strong black economic empowerment programme, with about 77% of the allocation going to black-owned businesses. If I were you, I'd focus on building a strong B-BBEE level, particularly black ownership, to increase your chances of winning government contracts in this space.
R2M
16
2
R89K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
76.6%
49.9%
31.5%
1.0%