Entrepreneurs who are keen to buy an existing sunbed business should do their homework, and offer other beauty services to cater to a larger clientele.
In South Africa, informal township ‘spaza’ shops, which first appeared in the 1970s and were essentially community convenience stores, still exist today. They thrive in some areas and are one example of how a newsagent/convenience store can remain relevant, and to some extent profitable, in South Africa today.
In little more than two decades, the South African retail liquor sector has moved from a basic commodity competing with home-grown alternatives to a sophisticated retail operation which also reflects international trend
Even though the economy in South Africa has experienced a downturn, the restaurant trade is still seeing growth year on year. Although the criterion for customers is altering in favour of healthy alternatives, takeaways and fast food outlets are also seeing improvements in sales.
If you plan to get into the café business (often a popular choice for first-time entrepreneurs), here’s a guide detailing some of the issues and procedures you should consider when preparing to buy your café.