Are you about starting a student hostel rental agency in South Africa? If YES, here is a complete sample student accommodation business plan template & feasibility report you can use for FREE.

Okay, so we have considered all the requirements for starting a student hostel rental agency. We also took it further by analyzing and drafting a sample student accommodation marketing plan template backed up by actionable guerrilla marketing ideas for student hostel rental agencies. So let’s proceed to the business planning section.

Why Start a Student Accommodation Business?

The real estate industry is a very vast industry and new businesses keep unraveling in the industry from time to time. There is a wide range of businesses with good turnover that an aspiring entrepreneur who is looking towards starting a business in the real estate industry can successfully start. One of such businesses is a student accommodation rental business.

This business requires minimal startup capital and minimal manpower and can be started from a home office especially if you are not going to raise money to develop the properties yourself.

If you have decided to start a student accommodation business, then you need to write your own business plan. The essence of writing a business plan before starting any business is for you to have a blueprint of how you would setup, manage and expand your business.

Below is a sample student accommodation rental company business plan template that will help you successfully write yours with little or no stress.

A Sample Student Accommodation Business Plan Template South Africa

  • Industry Overview

Student accommodation business is classified under the real estate industry and the real estate industry is one of the many industries that is a major contributor to the growth of the economy of many nations of the world. As a matter of fact, a real estate agent can become a millionaire ‘overnight’ from just one real estate deal; little wonder the industry is responsible for making many instant millionaires in South Africa, as well as the rest of the world.

The Bureau of Labor Statistics projects 11.1 percent job growth for real estate sales agents between 2012 and 2022, which is about as fast as average. During that time, an additional 38,000 jobs will open up.

South Africa is attracting a good number of foreign students and the latest research by Jones Lang LaSalle (JLL) has found that the number of young adults aged 18-25 will increase to almost 100 million by 2020, and that the demand for new, purpose-built student accommodation is set to top 500, 000 beds in the next five years.

Current accommodation arrangements can accommodate fewer than one in five students who apply for residency, and student numbers are growing annually as increasing numbers of young people complete their secondary schooling.

The real estate industry involves the buying, the selling, or the renting of lands, buildings or housing facility. Real estate agency or a real estate agent (broker) is a person who acts as a middleman between the sellers and buyers of real estate. They are involved in searching for sellers who sell properties and buyers who to buy properties.

A real estate agency (brokerage firm) usually receives a payment called a commission for successfully matching a seller’s real estate with a buyer’s real estate need such that a sale or rent/lease can be made. In most cases, the commission generated is shared with other real estate brokers or agents who played their parts in ensuring that the property is sold or rented out as the case may be.

It is important to state that in South Africa, each province has its own unique laws that clearly define the types of relationships that can exist between real estate agencies (professionals) and property owners (clients). Nonetheless, it is always a win – win for both real estate agencies and owners of properties because real estate brokers and their salespersons (commonly called “real estate agents” or “brokers”) usually assist sellers in marketing their property and selling it for the highest possible price under the best terms.

The real estate industry is highly regulated in South Africa and anyone who aspires to become a real estate agent or start a real estate agency must apply and obtain a license before they can legally receive remuneration for services rendered as a real estate agency or real estate broker. But as a lawyer, you can handle real estate deals in South Africa and make your commission without operating as a licensed real estate agent.

The practice is that a real estate licensed agent is required to disclose to prospective buyers and sellers the nature of their relationship within the transaction and with the parties involved in the deal. It is the practice for most standard student accommodation rental companies to also engage in other forms of rental businesses as it relates to properties. Some even go as far as engaging in property development.

Service delivery for a student accommodation rental company is simple and straight forward, especially if they are not involved in other complimentary services within the scope of their business.

Student Accommodation Business Plan – Executive Summary

Oliver Tambo & Co® Real Estate Agency, LLP is a real estate agency that will operate in all the Province in South Africa but will be headquartered in Cape Town close to the University of Cape Town which happens to be the oldest University with the highest enrollment in South Africa.

We intend to become specialists in owning, developing, acquiring, managing, selling and renting/leasing students’ accommodation, office apartments and hall facilities. This can generally be summed up as clean, safe accommodation within easy reach of campus at an affordable price, and in our experience, the most consistent demand is for newly-built and pre-owned one and two-bedroom sectional title apartments with high tech security, parking and good access to shops and other amenities as well as the campus.

Part of our goal as a real estate agency is to grow to become one of the top 5 largest real estate companies in the whole of South Africa and to rent and manage properties across university campuses in South Africa.

Oliver Tambo & Co® Real Estate Agency, LLP will be committed when it comes to maintaining a diverse portfolio of high quality students’ apartment, office structures and hall facilities. We will also focus on providing a dynamic, proactive and vibrant work environment for all our employees such as discounted rentals for all our student agents and caretakers, and mouthwatering bonus for every deal that comes through any of the staff.

Oliver Tambo & Co® Real Estate Agency, LLP is going to be a self-administered real estate investment trust (REIT). We will engage in a wide range of student accommodation rental services. We will work towards becoming one of the largest student accommodation rental companies in South Africa.

As part of our plans to make our customers our number one priority and to become one of the leading student accommodation rental companies in South Africa, we have perfected plans to adopt international best practices that can favorable compete with the best in the industry. Oliver Tambo & Co® Real Estate Agency, LLP has overtime perfected plans that will help us to become a specialist in our area of business.

Oliver Tambo & Co® Real Estate Agency, LLP will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.

Oliver Tambo & Co® Real Estate Agency, LLP is founded by Rowland Oliver Tambo, Sean Mbeki and Sarah Zuma. They are the major financiers of the company. R. Oliver Tambo is the company’s president and CEO. Rowland Oliver Tambo has over 10 years of real estate experience in significant senior management positions in the areas of sales, marketing, new technologies and franchise management.

  • Our Product and Services Offerings

Oliver Tambo & Co® Real Estate Agency, LLP is going to offer varieties of services within the scope of the real estate industry in South Africa. Our intention of starting our student accommodation rental company is to favorably compete with leading players in the student accommodation rental industry in South Africa.

We are well prepared to make profits from the industry and we will do all that is permitted by the law in South Africa to achieve our business goals and objectives. Our business offerings are listed below;

  • Rental of one-unit student accommodation structures
  • Rental of two- to four-unit student accommodation structures
  • Rental of five- to nine-unit student accommodation structures
  • Rental of 10- to 19-unit student accommodation structures
  • Rental of 20- to 49-unit student accommodation structures
  • Rental of 50- or more unit student accommodation structures
  • Rental of manufactured student homes, mobile homes or trailers
  • Real estate consultancy and advisory services

Our Vision Statement

Our vision is to become one of the top 5 student accommodation rental companies in South Africa within the first 10 years of starting R. Oliver Tambo & Co® Real Estate Agency, LLP.

  • Our Mission Statement

Our mission of starting a student accommodation rental business is to grow the business beyond the city where we are going to be operating from to become a national and international brand by opening offices all across key cities in South Africa and franchising.

  • Our Business Structure

Our company’s structure is not entirely different from what is obtainable in the real estate industry, as a matter of priority, we have decided to create a structure that will allow for easy growth for our business, and we have created platforms that will enable us attract some of the best hands in the industry.

We are quite aware that the success of any business lies in the foundation on which the business is built on, which is why we have decided to build our student accommodation rental company on the right business foundation. We will ensure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders.

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more depending how fast we meet our set target.

Oliver Tambo & Co® Real Estate Agency, LLP is aware of the modus operandi in the student accommodation rental line of business, hence adequate provision and competitive packages has been prepared for independent real estate agents. Our marketing department will be responsible for managing this aspect of our business.

Below is the business structure we will build R. Oliver Tambo & Co® Real Estate Agency, LLP on;

  • Chief Executive Officer
  • Company’s Lawyer / Secretary
  • Admin and HR Manager
  • Real Estate Agents
  • Business Developer/Sales and Marketing
  • Accountant
  • Customer Service Executive / Front Desk Officer

Roles and Responsibilities

Chief Executive Officer – CEO (President):

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization

Company’s Lawyer/Secretary/Legal Counsel

  • Responsible for drawing up contracts and other legal documents for the company
  • Consult and handle all corporate legal processes (e.g. intellectual property, mergers & acquisitions, financial/securities offerings, compliance issues, transactions, agreements, lawsuits and patents et al)
  • Develops company policy and position on legal issues
  • Researches, anticipates and guards company against legal risks
  • Represents company in legal proceedings (administrative boards, court trials et al)
  • Play a part in business deals negotiation and take minutes of meetings
  • Responsible for analyzing legal documents on behalf of the company
  • Prepares annual reports for the company

Admin and HR Manager

  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Designs job descriptions with KPI to drive performance management for clients
  • Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
  • Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
  • Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
  • Defines job positions for recruitment and managing interviewing process
  • Carries out induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Responsible for arranging travel, meetings and appointments
  • Oversees the smooth running of the daily office activities

Real Estate Agents

  • In charge of leasing and renting out student accommodations and other properties under our list
  • In charge of inspecting and reporting on the structural attributes of a building
  • Evaluates the component systems of a building (electrical, fire, roofing and plumbing)
  • Assesses compliance with building, electrical, plumbing and fire codes
  • Evaluates building plans and permits
  • Reviews and approves plans that meet building codes, local ordinances and zoning regulations
  • Keeps daily logs, including photographs taken during inspection

Marketing and Sales Executive/Business Developer

  • Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
  • Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
  • Responsible for supervising implementation, advocate for the customer’s need s, and communicate with clients
  • Finds and qualifies land for development based on company’s land requirements; maintains a land search database; initiates discussions with property owners about the possible sale of property
  • Develops, executes and evaluates new plans for expanding sales
  • Documents all customer contact and information
  • Represents the company in strategic meetings
  • Helps to increase sales and growth for the company

Accountant

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managers with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting for one or more properties.
  • Responsible for developing and managing financial systems and policies
  • Accountable for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the company
  • Serves as internal auditor for the company

Front Desk/Customer’s Service Officer

  • Receives Visitors/clients on behalf of the organization
  • Receives parcels/documents for the company
  • Handles enquiries via e-mail and phone calls for the organization
  • Distributes mails in the organization
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the line manager in an effective and timely manner
  • Consistently stays abreast of any new information on the company’s properties that are put up for sale to ensure accurate and helpful information is supplied to clients when they make inquiries.

Student Accommodation Business Plan – SWOT Analysis

Starting a student accommodation rental business in South Africa comes with its own fair share of challenges, you would have to abide by the law and also compete with loads of other entrepreneurs in the real estate business value chain who also are interested in making a living and building a business in Cape Town – South Africa.

In order to compete favorably in the student accommodation rental line of business, we have been able to hire the services of a tested and trusted HR consultant to help us conduct our SWOT analysis. Here is a summary from the result of the SWOT analysis that was conducted on behalf of R. Oliver Tambo & Co® Real Estate Agency, LLP.

  • Strength:

Some of the strengths that we will be bringing to the table in the student accommodation rental industry are our robust relations with student accommodation owners in the whole of South Africa. Also, we have a team of experts that have cut their teeth in the real estate industry cum student accommodation line of business. Our commission structure and relationship with freelance real estate agents in Cape Town and other Provinces in South Africa will also count towards our advantage.

  • Weakness:

As a newbie in the student accommodation rental line of business, we might have some challenges competing with big time realtors and other student accommodation rental companies that have been in the industry for many years; that perhaps is part of our weakness.

  • Opportunities:

The opportunities in the real estate industry especially as a student accommodation rental company is massive considering the rapid growth of university enrollments in South Africa, this trend has been bolstered by highly favorable demographics. We are well – positioned and ready to take advantage of any opportunity that comes our way.

  • Threat:

Some of the threats that we are likely going to face as a student accommodation company are unfavorable government and university governing board policies, and global economic downturn. Global economic downturn usually affects spending power and the real estate industry is known to encounter decline in sales and profits during this period.

There is hardly anything we could do as regards these threats other than to be optimistic that things will continue to work for our good.

Student Accommodation Business Plan – MARKET ANALYSIS

  • Market Trends

The market trends in the student accommodation line of business in South Africa is such that international students are targeted since they are the ones who are willing to pay more to get secured and decent students’ apartment. As a matter of fact, security is a key factor when it comes to renting a student apartment in South Africa and next to security is closeness to the campus.

Another obvious trend that is common with student accommodation rental companies in South Africa is that most of them are improvising on more means of making money in the real estate industry and as matter of fact they are also acting as property developers and home staging agents amongst many other functions.

One thing is certain for every student accommodation rental company; if they are hardworking, creative and proactive, they will always generate enough income to meet all their overhead and operational costs, keep their business going without struggle and make reasonable profits from their business deals.

  • Our Target Market

As a student accommodation rental company, our target market cuts across students of different classes and cultures. We are coming into the student accommodation rental industry with a business concept that will enable us work with local and international students who are interested in renting student apartments at an affordable price.

  • Our Competitive Advantage

The availability of competent and reliable real estate agents under our payroll, our business process, the financial structure of the company, management of a high-quality asset portfolio, superior financial and debt management and of course our pricing model, are part of our competitive advantage.

Another possible competitive strategy for winning our competitors in this particular industry is to build a robust clientele base and ensure that our student apartments are trendy. Our organization is well positioned, key members of our team are highly reliable and competent and can favorably compete with the some of the best in the student accommodation rental industry.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and objectives. We will also engage freelance marketing agents on a commission to help us market our services.

Student Accommodation Business Plan – SALES AND MARKETING STRATEGY

We quite mindful of the fact that there are competitions in the student accommodation rental market in South Africa, hence we have been able to hire some of the best business developers to handle our sales and marketing.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis to meet their targets and the overall goal of the organization. The training is not restricted to only our full – time employees but also all our freelance brokers that are scattered all over university campuses in South Africa.

Our goal is to become one of the leading student accommodation rental companies in South Africa which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force in the industry.

Oliver Tambo & Co® Real Estate Agency, LLP is set to make use of the following marketing and sales strategies;

  • Introduce our student accommodation rental company by sending introductory letters alongside your brochure to students and other key stake holders throughout the city where our company is located.
  • Print out fliers (list of accommodations for rent) and business cards and strategically drop them in offices, car parks, libraries, public facilities and train stations et al.
  • Use friends and family to spread word about our business
  • Post information about our company and the services we offer on bulletin boards in places like car parks, schools, libraries, and local coffee shops et al
  • Place classified advertisements in the newspaper, or local publication about our company and the services we offers
  • Leverage on referral networks such as agencies that will attract clients (students) who would need our student apartments
  • Advertise our student accommodation rental services company in relevant real estate magazines, newspapers, TV and radio stations.
  • Attend relevant real estate expos, seminars, and business fairs et al to market our services
  • Engage in direct marketing approach
  • Encourage the use of word of mouth marketing from loyal and satisfied clients
  • Join local chambers of commerce and industry to market our product and services.

Sources of Income

Oliver Tambo & Co® Real Estate Agency, LLP is established with the aim of maximizing profits in the student accommodation rental industry. Below are the sources we intend exploring to generate income for R. Oliver Tambo & Co® Real Estate Agency, LLP;

  • Rental of one-unit student accommodation structures
  • Rental of two- to four-unit student accommodation structures
  • Rental of five- to nine-unit student accommodation structures
  • Rental of 10- to 19-unit student accommodation structures
  • Rental of 20- to 49-unit student accommodation structures
  • Rental of 50- or more unit student accommodation structures
  • Rental of manufactured student homes, mobile homes or trailers
  • Real estate consultancy and advisory services

Sales Forecast

It is a known fact that as long as there are students in University campuses in South Africa, there will always be need to for them to hire the services of student accommodation rental companies from time to time.

We are well positioned to take on the challenges that are synonymous to student accommodation rental businesses in South Africa, and we are quite optimistic that we will meet out set target of generating enough profits from our first month of operation and grow the business beyond Cape Town to other Provinces in South Africa within record time.

We have been able to critically examine the student accommodation rental line of business, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions peculiar to similar start – ups in Cape Town – South Africa;

  • First Fiscal Year: R200,000
  • Second Fiscal Year: R500,000
  • Third Fiscal Year: R800,000

N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and any major competitor offering same services as we do within the locations we have strong business presence. Please note that the above projection might be lower and at the same time it might be higher since some factors are beyond our control.

  • Our Pricing Strategy

Part of our business strategy is to ensure that we work within the budget of our potential clients to help them meet their expectations. It is the practice in most parts of the world for properties to be valued by professionals based on the area the facility is located, the type of facility and other factors.

Since we are not directly in control of the pricing system in the real estate industry, we can only abide by what is obtainable when it comes to fixing a price for our accommodations. But one thing is certain, we will ensure that we make available decent and secured accommodation when have we are contracted to do so.

Lastly, we will ensure that we keep our fees below the average market rate for all of our clients by keeping our overhead low. In addition, we will also offer special discounted rates to our clients from time to time especially when they recommend clients to us.

  • Payment Options

At R. Oliver Tambo & Co® Real Estate Agency, LLP our payment policy is all inclusive because we are quite aware that different people prefer different payment options as it suits them but at the same time, we will not accept payment by cash because of the volume of cash that will be involved in most of our transactions.

Real estate deals usually involve huge amount of money. Here are the payment options that R. Oliver Tambo & Co® Real Estate Agency, LLP will make available to her clients;

  • Payment by via bank transfer
  • Payment via online bank transfer
  • Payment via check
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will help us achieve our plans without any hitches and we will also pay our freelance sales agents with the same platforms. Our bank account numbers will be made available on our website and promotional materials.

Any agent who intends paying with cash will be directed to deposit the money into our corporate account and then present their payment tellers to us.

Student Accommodation Business Plan – Publicity and Advertising Strategy

We have been able to work with our consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to take the student accommodation rental industry by storm which is why we have made provisions for effective publicity and advertisement of our company.

Below are the platforms we intend to leverage on to promote and advertise our student accommodation rental business;

  • Place adverts on both print and electronic media platforms
  • Maximize our company’s website to promote our business
  • Leverage on the internet and social media platforms like; Instagram, Facebook, Twitter, LinkedIn, Google+ and other platforms (real estate online forums) to promote our business and list our properties for sale and for lease.
  • Install our billboards in strategic locations in and around the university community in Cape Town
  • Distribute our fliers and handbills in targeted areas from time to time
  • Attend student association meetings with the aim of networking and introducing our business.
  • Ensure that all our workers wear our branded shirts and all our vehicles are branded with our company’s logo

Student Accommodation Business Plan – Financial Projections and Costing

From our market survey and feasibility studies, we have been able to come up with a detailed budget on achieving our aim of establishing a standard student accommodation rental company in Cape Town – South Africa and here are the key areas where we will spend our start – up capital;

  • The total fee for incorporating the business in South Africa – Name reservation application costs R50 and company registration R125
  • The budget for permits and license – R1,000
  • The cost for hiring Consultant – R2,500
  • The cost for computer software apps (Accounting Software, Payroll Software, CRM Software, Microsoft Office, QuickBooks Pro, drug interaction software, Physician Desk Reference software) – R7,000
  • The budget for insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – R5,400.
  • Cost of payment of rent for a suitable office facility in Cape Town for 12 months at R1.76 per square feet in the total amount of – R65,600.
  • The cost for office remodeling (construction of racks and shelves) – R7,000.
  • The cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – R15,000
  • Other start-up expenses including stationery and phone and utility deposits (R2,500).
  • Operational cost for the first 3 months (salaries of employees, payments of bills et al) – R30,000
  • The cost of launching our official website – R600
  • Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – R5,000

Going by the report from the market research and feasibility studies conducted, we will need over one hundred and fifty thousand (R150,000) South African Rand to successfully set up a small scale but standard student accommodation rental company in Cape Town – South Africa.

Generating Startup Capital for R. Oliver Tambo & Co® Real Estate Agency, LLP

Oliver Tambo & Co® Real Estate Agency, LLP. is a business that will be owned and managed by Rowland Oliver Tambo, Sean Mbeki and Sarah Zuma. They are the sole financiers of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.

These are the areas we intend generating our startup capital;

  • Generate part of the startup capital from personal savings and sale of his stocks
  • Generate part of the startup capital from friends and other extended family members
  • Generate a larger chunk of the startup capital from the bank

N.B: We have been able to generate about R50,000 (Personal savings R30,000 and soft loan from family members R20,000) and we are at the final stages of obtaining a loan facility of R100,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

STUDENT ACCOMMODATION BUSINESS GROWTH: Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting R. Oliver Tambo & Co® Real Estate Agency, LLP is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to rent out standard, and secured student accommodations a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.

Oliver Tambo & Co® Real Estate Agency, LLP will make sure that the right foundation, structures and processes are put in place to ensure that our staff are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts in various banks in South Africa: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Renting of Office Facility and remodeling the facility in Cape Town – South Africa: Completed
  • Conducting Feasibility Studies: Completed
  • Generating capital from the CEO and Business Partners: Completed
  • Applications for Loan from our Bankers: In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents and other relevant Legal Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Printing of Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Purchase of the needed furniture, office equipment, electronic appliances and facility facelift: In progress
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business (Business PR): In Progress
  • Health and Safety and Fire Safety Arrangement: In Progress