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Busy Corner: Launching New Business in Uncertain Times
內容大綱
Phumlaphi Rita Zwane, founder of Busy Corner, a thriving Shisanyama (African barbeque) business in Thembisa, South Africa, faced a pivotal decision amid the COVID-19 pandemic. Motivated by aspirations for business expansion and the pursuit of new opportunities, Zwane established a company-owned restaurant in the Mall of Thembisa. However, insufficient consideration of crucial factors during the decision-making process led to an alarming debt of $825,971, as of February 18, 2023, posing a significant threat to the business's survival. At this juncture, Zwane grappled with the dilemma of whether to close, sell, or franchise the Thembisa Busy Corner location, underscoring the critical need for a strategic resolution to secure the future of her entrepreneurial venture.