Tourism in South Africa is one of the fastest growing sectors of the economy, no wonder Seda did not hesitate to indulge Masase Transfers and Tours’ request for assistance. Masase was formed by Christopher Tahula in 2009 with a desire to service the sector that was expected to experience massive growth in the lead up and during the 2010 soccer spectacle in South Africa.
Masase offers airport and hotel transfer services to local and international visitors using the OR Tambo International Airport. The company also does transfer to sporting and corporate events, weekend seminars and getaways, tailor made tours and door-to-door transfers.
Christopher approached Seda in 2011 seeking assistance with ideas and support to grow his business. He also sought development support, especially in terms of resource implementation and management to improve efficiency.
Masase identified lack of formal financial management system and planning as one of the big hindrance to its growth. This impacted its cash flow position and disabled the company from growing its fleet of vehicles.
After the completion of an assessment by a Seda business advisor in October 2011, it was decided to develop and implement a new financial management and payroll systems for the business.
“The programmes that we received from Seda have helped us to fast track our debtors and check the business and staff performance on a weekly and monthly basis,” says Christopher.
He adds, “Our clients are also able to receive invoices and statements when they are due, whilst the payroll system has been more convenient as employee’s are paid on time every month. We can also prepare our own payslips”.
Seda also assisted Masase with business plan development, and introduced new branding. These measures are surely paying off now with the company’s revenues increasing close to R4 million in 2013 from around R150 000 per annum. The company has also acquired more vehicles to increase the fleet to 5 vehicles as demand for services also increased. Job opportunities have also increased to 14 employees today.