OSEDZA SECURITY PROJECTS - Rustenburg

Osedza Security Projects (Pty) Ltd. (2015/054623/07) is a startup security company founded by Andrew Masike, an experienced businessman, former police reservist and security company manager. Located in Rustenburg at its launch, the business will provide security guards, security audits, and referrals to security equipment providers to commercial buildings, retail businesses, and, eventually special event venues and other clients. The business seeks to acquire capital from an angel investor and will expand to additional towns in North West Province, Gauteng and Free State.

Osedza Security Projects will grow its employee base of security guards carefully, based on client contracts, and use both full-time and part-time guards. The business expects respectable sales increase of its  

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services in the first year, almost doubling by the end of the third year. Gross margins will be similar to the industry average, based on guard labour costs vs. billings. After the initial investment and launch, a lean first year, and the establishment of an office and training space in the second year, the business will be poised to expand through its own financing after three years. After the business is proved replicable in additional locations, the business may be sold to provide an exit for the initial investor and founders.