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11 March 2009 4 min

FREE Golf Service Grows in SA, Ready to expand?

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{pp}Proven Golf Business in market untouched by Credit Crunch ready to expand creating Jobs.

GolfPulse.net has been operational since early 2008 providing a free and valauble service to golfers. The success has been such that the company is now ready to expand. Company Chief Executive, Matthew Newnham states "the success of the GolfPulse project has been very much due to the simplicty of business which is ultimately the best kept secret of the business".

The company has seen sustained growth for the past year and is now ready to expand on this. Much of the success revolves around an intelligent use of advanced technlogy to enhance a basic business process. "For the first time online truly meets offline" continues Newnham "the phrase "virtually reality" has been spawned" To assist in the further growth of the company and the securing of funding specialist consulting firm Synergy Mergers and Acquisitions has been contracted. "the golfpulse project is one of the most exciting and potentially successful businesses currently operating in South Africa" state the team from Synergy "the advanced technology wishing to be used, the market that has remained virtually untouched by the economic downturn and the very simple business model that has been in existence since the Egyptians make this a tremendously viable and sustainanble business."

The business is unique and uses a blend of old school business skills and highly advanced technology to operate "the company is difficult to place in a particular industry sector" claim the team at Synergy "the business is not a technology company but one that inteligently uses technlogy to enhance simple and proven business models creating potentially massive income streams". It is this unique recipe that will create the interest for investment. The company will provide a powerful and very valuable business tool that can open open up new business opportunities in an economy that is desperate for positive movement. A number of major corporates have expressed interest in utilising what will be a unique and exciting marketing platform internationally. This interest even at the early stages where the systems are very much manual has prompted the drive to find funding and take the business global.

The team at Synergy say "the UK and US market for this business is huge with South Africa, although important as it will always be home, is a very small market in comparison". Over the course of 2009 the English speaking markets globally will be the focus of growth followed by Japan, South Korea and Mainland Europe by the end of 2010. The business has huge and very achievable ambitions "the company can be cash positive in under 36 months" States Newnham "above all the company can and will create employment; intially 5 or 6 full time jobs but expansion with spin-off opportunities could lead to over 100 full jobs created in South Africa alone" An overiding positive for the company is that it will operate in South African Rands and generate income in firmer currency world wide.

The future of the GolfPulse.net project is set to be upwards and it looks set to be a positive statement in the current economy where so many are struggling with sales. "Investment remains the key to expansion and success" says Newnham "the business model and the market are more than ready and the South African spirit will ensure success and we are confident investment will be found."

Contact Information: Matthew NewnhamTel: 021 526 0432 Fax: 021 526 0311 Email: This email address is being protected from spambots. You need JavaScript enabled to view it. GolfPulse.net A Division of Global Pulse International Holdings Ltd, First Floor, The Colosseum Building, Century Way, Century City, Cape Town, 7441

Total Words: 702