Name:Â Nthabiseng Banda
Contact Number:Â 0993886623
Business Name:Â Palesa Haircare
Industry:Â Cosmetics, Beauty and self-care
Business Location:Â Online/ kabula
Service Description:Â
I sell hair products like oil, butter and herbal powders and hair extensions.
I also offer hair services, braiding and treatments
Role in the Business:Â I manage sales, marketing, braiding and product packaging and designing. Financial analysis, budgeting and planning
Full Time or Part time:Â Full Time
How many employees do you have?Â
How much in Sales do you want to generate in a month? 2,000,000.00
How did you fund the start of your Business? Savings
What are some Milestones you have achieved in your Business?Â
I have gained exposure all around Malawi.
Have exceeded my Targets, when it comes to customers and sales
What are some challenges you’re facing in your Business?Â
| What Industry / Category is your Business in? | What are some challenges you're facing in the Business? |
|---|---|
| Information Technology | Clientelle Growth |
| Cosmetics | Scarcity of forex |
| Business and Legal consultancy | How to market it and get clients and how to grow it. |
| Media/Communication | Funding and resource mobilisation to sustain the business. Competition and political intervention |
| Retail and Distribution | Staff pilfering, stiff competition, |
| Service Provider | Marketing |
| Electronics | Poeple resisting to believe online sells |
| Infrastructure development | - corruption tendencies I.e. potential clients especoally in public sector seeking personal compensation to award you a project. |
| Agriculture | Price escalation of farm inputs , pest and diseases ,and lack of a reliqble market |
| General trading | Escalating prices of inputs |
| Cosmetics, Beauty and self-care | |
| Food | 1. Lack of enough funding |
| Financial Consultancy | Human resource capacity to assist me do the work that I do. |
| ICT | Corruption |
| Agriculture | Climate Change |
| General Trading | Market penetration, supervision |
| General | Reduced commissions in mobile money services |
| Construction | 1. Late payments, especially Government projects. |
| Food | Taking things without paying 0 |
| Retail and whole sales | Not enough capital, As a result expenditures becomes high when you go to order |
| Hospitality | - Rising ingredient prices |
| Construction | Getting clients |
| Hospitality | Unstable government policy |
| Entertainment | Decrease in number of customers |
| Farming (Animal Husbandry) | Security |
| Food Industry | Revenue collection, Steady Cash Flow, and Supplies |
| Food | Sickness |
| Food stuff | -lack of funds to grow my business |
| Food stuff(cooked) | -lack of funds to grow my business |
| Food | Lack of capital due to frequent withdrawal of funds from the business |
| Food stuff | -lack of funds to grow my business |
| Food stuff(selling fish) | -lack of funds to grow the business |
| Food stuff(samosa,zibwente,zitenje,pumpkins ) | -lack of funds to grow my business |
| Food stuff | - lack of funds for capital sometimes |
| Resources | Lack of capital |
| Food | Giving commodities without full payment |
| General Trading | Dishonesty of employees |
| General Suppliers | Forex |
| General Suppliers | Forex |
| General Trading | lack of customers |