Mkhonazi - Business Consultant - Durban, KwaZulu-Natal, South Africa

Mthokozisi Mkhonazi

Durban, KwaZulu-Natal, South Africa

Summary

I am a very self-motivated entrepreneual business professional with great attributes in SME capacity building and strategic business problem solving capabilities, coupled with great enterprise diagnostic skills with core strength in Business Studies, Marketing and Small Medium Enterprise development. I have vast experience in the business field coupled with great exposure to global markets and experience as a business owner.
•Excellent communication skills – Client orientated attitude, excellent relationship building skills with entrepreneurial business management approach.
•Great project management skills
•Excellent interpersonal skills, very fluent in English with great command in business academic facilitation, Advise and mentorship capabilities
•Initiative – this from experience has contributed in my ability to adapt to new environments, gather, research and assess information required to diagnose business problems from SME’s start-ups to business turnarounds.
•Ability to lead and conduct project managements according to laid down marketing procedures.
•Ability to adapt to constant evolving and changing technologies tailored to businesses, this is evidenced by my desire to advance myself through constant studying
•Very assertive and goal orientated.
With the above mentioned but not all attributes, I am in a good position to offer and share my acquired skills as a Business Advisor,Business Development Guide,Entrepreneure, Business Consultant, and as an SMME Incubator Manager in the field of Small Business Management and Guidance within the business service provision industrial sector.

Services

Business Consultant

Summary:

I am a very self-motivated entrepreneual business professional with great attributes in SME capacity building and strategic business problem solving capabilities, coupled with great enterprise diagnostic skills with core strength in Business Studies, Marketing and Small Medium Enterprise development. I have vast experience in the business field coupled with great exposure to global markets and experience as a business owner. •Excellent communication skills – Client orientated attitude, excellent relationship building skills with entrepreneurial business management approach. •Great project management skills •Excellent interpersonal skills, very fluent in English with great command in business academic facilitation, Advise and mentorship capabilities •Initiative – this from experience has contributed in my ability to adapt to new environments, gather, research and assess information required to diagnose business problems from SME’s start-ups to business turnarounds. •Ability to lead and conduct project managements according to laid down marketing procedures. •Ability to adapt to constant evolving and changing technologies tailored to businesses, this is evidenced by my desire to advance myself through constant studying •Very assertive and goal orientated. With the above mentioned but not all attributes, I am in a good position to offer and share my acquired skills as a Business Advisor,Business Development Guide,Entrepreneure, Business Consultant, and as an SMME Incubator Manager in the field of Small Business Management and Guidance within the business service provision industrial sector.

Work History

Enterprise Development Consultant

Dimension Trust Holdings (Pty) Ltd

Director / Owner

Dimension Trust Holdings (Pty) Ltd

Projects

SME Capacity Buildind

SME Enterprise Development

Services Offered:
Dimension Trust Holdings consultants provide services that assist businesses in various phases of their life cycle.
(1) Business Advice and Information.
- Advice and information on how to conduct basic market research & advertising.
- Formal registration of business with CIPC (Company & Intellectual Property Commission)
- Assistance with tax filing procedures/ tax clearance directly with SARS.
- Assistance with access to finance (Referral provided to a business after a qualitative and evaluation assessment of the business viability)
(2) Service assistance tailored to clients ready to start business and seeking a way forward.
- Assessment of viability of the business entailing business model creation and branding.
- Business Planning: We employ all latest tools tailored to structure any business plan module including internal analysis (your business) external analysis, internal SWOT (Strengths, Weakness, Opportunities, Threats) analysis (which is a simple but powerful tool for sizing up a business’s resource capabilities and deficiencies, its market opportunities and the external threats to its future well-being) and national diagnostic a plan that suits your business goals. We also assist businesses identify and specify their objectives overall, a well developed organizational objectives should be SMART-specific, measurable, achievable, relevant, and time-bound.
-Marketing Strategy: Selection of target markets, concentration and diversification, this will include alternative market entry methods, selection of market entry methods and profiles of the ideal client/ agent/ distributor or partner. We assist and find solutions to business entering the markets by addressing issues they can face, e.g. Threats faced by New Entrants(Barriers to entry-capital requirements, government policies, access to distribution channels, industry growth rate and other cost advantages) Rivalry among Existing Enterprises (Number of competitors, concentration)Determinants of Buyer Power(Number of buyers relative to seller, buyers profit margins) with this in consideration we are able to establish a tailor made market entry method suiting our client’s business requirements and objectives.
-Competitive Strategy: We utilize techniques for analyzing enterprises and competitors, overall in any industry, whether it is domestic or international, or produce a product or service; the rules of competition are always embodied in five competitive forces;
• New entrants we assess and analyze competitors, ignoring them can be dangerous because they necessitate some competitive response, which inevitably utilize resources.
• Clients the bargaining power of clients, if strong, will reduce the ability to have high profit margins. If an enterprise is locked into a single powerful client, its strategic options in the short term may be limited.
• Competitors Competition leads to the need for investment in marketing and possibly, price reductions. The more competitive the prices, the lower potential margins.
• Suppliers the bargaining power of suppliers may limit the ability to gain supplies at a low cost, especially if they increase their prices.
• Substitute products the threat of substitute products, and any viable alternative to your product or service, will inevitably limit the price you can charge, thereby making your product or service become completely redundant.
We use these five forces techniques which determine industry profitability, and their collective strengths which in turn determine the industry’s ability to earn a return. These forces vary from industry to industry, and we tailor them to suite any enterprise from time to time as it evolves.
(3) Service assistance directed to clients who want skills to sustain, strengthen and broaden their enterprises.
- Mentorship, business coaching to a small enterprise owner through individual mentoring.
- Business Counseling advice to small enterprises just starting or recently established seeking advice on short-term and long-term viability and sustainability.
- Tender Advice or Procurement. We assess small business’s capabilities to tendering, and facilitation of access to international markets via various portals.
- Capacity building systems and franchising referrals.
(4) Services focused on clients who intend to expand their business by entering the global markets.
- Export Readiness, Assessment of the small enterprise’s readiness to enter the global Import / Export (IMEX) market through providing individual couching programs on. e.g., Direct export from country to final destination (DE) Export via the Internet – electronic commerce (EC) Commercial agent in foreign country (CA) Trading companies (T/C) Importer and distributor in the foreign country (I/D). Export promotion is limited to viable and export / import ready enterprises only.
- Franchising Advice, Advice on franchising a business or on buying a franchise and advising (referral) on access to finance facilitation based on the viability of the business case.s
Growth Strategies:
• We assess business needs and advise on interventions such as:
-Market Penetration (Existing Products/Existing Markets)
-Market Development (Existing Products/New Market)
-Product Development (New Product/Existing Market)
-Diversification (New Products/New Market)

Qualifications & Certifications

MBA. Strategic Management

Alliant International University

Bachelors In Business Administration(BBA)

Newport University

Gold Seal Group Diploma Modern Management

British College Of Proffessional Management

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Mthokozisi Mkhonazi provides the following services:


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