Big Bay Group is a level 1 BBBEE diversified investment holding company that invests and/or actively participates in industries with high growth potential in South Africa.
Who We Are
We identify an opportunity that we either invest directly into companies via a robust due diligence methodology, or we identify suitable partners with the requisite skills, experience and track record to partner with directly
Industries We Focus On:
Financial Services
Information Technology Solutions
Property Services
Hospitality
Through years of our own experience in service industries, we are adept at identifying and exploiting niche opportunities in these four sectors.
Mission Statement
Economic inclusion is at the heart of everything we do. We view our participation in these sectors as a catalyst for transformation in these sectors. With this in mind, not only do we participate in the real economy, but we also play an active role in lobbying the government to shape the regulatory and legislative landscape in these sectors via expert submissions to all levels of government that seek to balance the needs of all stakeholders in society.
Our vision is to help create a sustainable business environment in the sectors we participate, by promoting inclusivity.
An IT firm hired Big Bay Group to manage its tax and compliance. They handle VAT returns and compliance on a monthly basis.
They do tax efficiency effectively and are great at showing how to structure a company's inputs and outputs to maximize profitability. They're responsive and accessible, although there is room for improvement with scheduling. Big Bay Group handles mundane tasks well.
A Clutch analyst personally interviewed this
client over the phone. Below is an edited
transcript.
BACKGROUND
Introduce your business and what you do there.
I represent an IT firm in Cape Town, South Africa.
OPPORTUNITY / CHALLENGE
What challenge were you trying to address with Big Bay Group?
They handle all my compliance on a monthly basis. They work on tax and compliance, handling my VAT returns.
SOLUTION
What was the scope of their involvement?
They provide some business strategy if requested. They mainly focus on cashflow enhancement and compliance.
What is the team composition?
I worked directly with one person, my main contact.
How did you come to work with Big Bay Group?
I’ve been with them since the inception of the business. My personal financial advisor referred me to them. They’re based in the same city, which I enjoy.
How much have you invested with them?
Annually, it’s somewhere in the range of 100,000 rands (approximately $5,700 USD).
What is the status of this engagement?
We started working in January 2018, and the work is ongoing.
RESULTS & FEEDBACK
What evidence can you share that demonstrates the impact of the engagement?
They do tax efficiency really well. They’re great at how to structure your company’s inputs and outputs to maximize profitability.
How did Big Bay Group perform from a project management standpoint?
I wouldn’t take on someone from elsewhere— I like their face-to-face meetings. They’re communicative and flexible — if I have a question they’re available for a meeting then and there. They’re quite accessible.
What did you find most impressive about them?
They handle the mundane tasks and the compliance well, especially if you don’t come from a financial world. We have an inefficient system for administrative tasks that they took off our hands.
Are there any areas they could improve?
No, they handle everything well. It’s tough to critique them,.
RATINGS
4.5
Quality
4.0
Service & Deliverables
Schedule
3.5
On time / deadlines
"There’s room for improvement there."
Cost
4.5
Value / within estimates
"They’re solid for us."
Willing to Refer
5.0
NPS
Showing 1-1 of
1 Reviews
Locations (1)
16 Beach Estate BlvdCape Town, South Africa7441
1
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