Signage and accessories

The market for signage and accessories in the Western Cape is worth about R9.4 million, which is a decent size. However, it's not growing, with zero year-on-year growth, so you'll need to compete for existing contracts. With 42 suppliers already in the market, it's fairly crowded, and you'll also be up against some well-established players, including those who have contracts with 9 different government departments. The good news is that there's a strong favour towards black-owned, women-owned, and youth-owned businesses, with over 76% of the allocation going to black-owned businesses. If I were you, I'd focus on getting your B-BBEE level in order to take advantage of this preference and give your business a competitive edge in this market.