Through its training and business incubator, the Furniture Technology Centre Trust (better known as Furntech) has assisted many business owners in the furniture and wood products sector. Hendrick Rankhododo is one of these business owners who being assisted.
What is the name of your business?
The name of my business is V&H Bono.
How long have you participated in the incubator programme and when will you exit?
My business has been in the programme for ten months now. We exit in June 2015.
How much did your turnover and profitability grow after joining the incubator?
My business was not operational before. Operations only started after joining the incubator in Johannesburg. For the first five months, the business’ turnover was between R90 000 to R100 000.
In the last five months, this has gone up by 50% and is now about R150 000 per month.
What are the best benefits you’ve had from the programme?
Access to machinery. All the machinery required in our production is now at our disposal. The incubator provides a safe, clean working environment.
What would you suggest could be added to the programme to enhance it?
Working in a factory, we sometimes have a bottleneck on some of the machines that are mostly used by all businesses. I suggest that a second machine be added, especially those most used for our production flow.