Trencon Entrepreneurship training phase two: Business plan
Published: December 14, 2016

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After the 5 day entrepreneurship training, the trainees were given approximately two weeks to go back home and work on their business plans. We invited them to come back on the 2nd of December to present their business plans to us.

A lot of the presentations were quite impressive and we could tell that they really put in a lot of work and effort into their business plans. Some of the trainees have established companies but they are still struggling with few minor details such as marketing, company registrations, tax and managing daily operations.

Angela Buthelezi, from Soweto is one the trainees who owns a photography company called ADB obscura. She already has her own website (http://www.adbobscura.co.za/ ), has a live Facebook page used for marketing (https://www.facebook.com/Adbobscura/posts/1267691723303605 )models, studio and she already has a client list. When we met up with the photographer, she told us she was booked for an event the following day where she will capturing images of local musicians such as Mafikozolo and Black Coffee.

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The trainee’s presenting their respective business plans. Left, Angela Buthelezi and on the right hand, Yandisa Mjuda

Another youngster who is part of the Trencon Entrepreneurship training is 21 year old Yandisa Mjuda who runs a construction company called Monwabisi Holdinga based in Mulbarton, south of Johannesburg.  His company offers the following services: Construction, welding and floor designs. He has also done work for a few people in his community. His philanthropic work includes trying to help change the landscaping and mindset of how the youth looks at certain sport, such as hockey. “We are looking at creating an awareness and knowledge of the sports, contributing in the changing transformation and social development of the area” says Yandisa.

Even though some of the trainees are struggling with establishing with their business ideas, a lot of them presented impressive business plans like 25 year old Tshegofatso Matekane who is a makeup artist. She still has a lot of work to put in to establish a credible make up service business which includes getting a trading certificate, setting up social media pages such a YouTube channel and building up clientele.

 

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Tshegofatso, presenting her Make up services business plan  

                  

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After the presentations, we opened up a questions and answers sessions between the trainees. They gave each other advice about where to get funding, what marketing tools to use and so forth.

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After the session, the trainees were handed certificates.

On the 13th of December we will go and see the trainees work space which includes Angela’s studio,Stanely’s internet café and Yandisa’s work shop. And on the 14th we will have a sit down with Tshegofatso, Smanga and Dirontsho and give them advice and tips from people in the same industry as theirs.

And of the 13th of January we will meet up with the entire team will be at the Maths Centre’s training room and we will be going through the financial strategy.

 

 

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