Lungelo Mtsele
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Luh’s Sweet Treats And More
Industry: Baking
Location: Cato Manor
Total Required: R50000
About Luh’s Sweet Treats And More
What I am currently doing with my small business
We specialise in baking made from stretch all kinds of cakes and gift hampers.
If I acquired funding this is how I would expand my small business
By purchasing assets such as new equipment and machinery, move into new premise that has enough space for me to work and hire more staff. Stand Mixers, Quality Ovens, specifically Gas ovens, Baking Sheets and Pans, Measuring Tools, Cooling Racks, Food Processor or Blender, Pastry Bags and Tips, Storage Containers, Mixing Bowls, Digital Thermometer, Packaging and Presentation Supplies
How will funding impact my small business
This funding will have positive impact in my business because I’ll be able to move into new premises, since iam working from home and have enough cash to cover working capital expenses for my business. This funding will enables me to execute on my business plans and become successful.
With sufficient funds, i will have the opportunity to scale my business. This could involve increasing production capacity, expanding my product line, or reaching a wider geographic area. Expansion can lead to increased sales and profitability.