Directory – LT Ventures

Directory – LT Ventures


Project Description

Directory – LT Ventures

Background

The customers are the lifeblood of any business, with more people moving to online platform, the businesses need to follow suit. According to November 2014 google stats, 16m South Africans have access to internet through personal computers, smart phones, workplace computers and private internet café’. Almost 60% of these individuals have confessed to have used online platforms to make decisions on which products to buy. This includes almost 4.6m African Middle Class with a largest purchasing power in South Africa. Micro and small businesses need to move up fast to be able to access this discerning market which is always kept abreast of the new market trends and developments
Localbeat online directory is the platform that seeks to address this anomaly through its customer friendly and cost effective solution. This platform addresses the access to market questions, whilst providing other solutions like networking platform, corporate linkages, peer business support, business advertising campaigns and identification of new business opportunities.
Localbeat online directory is a locally developed platform which acts as a hub for business owners including potential business owners and potential customers alike. We are essential placing every services or products in front of the potential customer or alternatively putting your business at the fingertips of your potential clients. In a way, we are closing the gap between the businesses and their potential customers.

Mr Chris Ngcobo has more than 21 years of working experience with 14 year being in the small business development environment. Having started as a high school teacher and later on moved to Standard Bank and serve in various roles in retail bank environment. From 2001, he started his own business and management consultancy. He then joined Absa as business development consultant, then a manager for enterprise development. He quickly moved to the mainstream banking and spent 4 years as a sales manager for enterprise banking covering Ethekwini area and later on a North Durban region. He is very passionate about small and micro business development as a tool to alleviate poverty and address socio-economic inequalities in our country, South Africa.  Especially addressing the issues  of access to markets for small businesses that operate in township and rural areas, but also the issues affecting the small and micro businesses in general.

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