Founded in 2002, Letsatsi Solutions began as a SAQA Accredited Training and Service provider with the New Venture Qualification as its core offering. It was founded with the primary aim of assisting emerging black entrepreneurs start new businesses.
Over the following 7 years, we were awarded several major contracts with various SETA entities, proving our competence and ability in this capacity. As the company grew, we expanded our competence in small business development to the cooperative form. Recognising the high mortality rate of this sector, we believed in our ability to make a significant contribution.
Our major achievements here included training and mentoring over 830 cooperatives for a 36 month period. Of these 830 cooperatives, 83% completed the programme with improved business support – a significant improvement on the 88% mortality rate under normal conditions.
By 2015, Letsatsi Solutions had not only established itself as a leading training and development provider, but had amassed a deep and specialised knowledge on the issues affecting small business performance in South Africa.
Today this remains our core focus. We are structured around understanding the issues that affect small business performance in South Africa and then designing bespoke solutions around them. Our services include delivering training to different types of small business as well as support services such as viability analyses, business planning, facilitating access to finance, business mentoring and administration and financial record keeping.
Throughout our 22-year journey, the heart of our business has always remained the same. We were founded with the genuine desire to make a real difference to the social and economic landscape of South Africa. This has always been and still is reflected in the integrity of our organisation, our ethical approach, and the commitment we make to the quality of our work.