Small businesses battle to survive

the marina mall in kuwait
 (Photo credit: Wikipedia)

When the economy heads south, the attention turns to the creation of small businesses. Why initiatives such as setting up ministries, increasing training and funding couldn’t be set up before the financial crisis baffles brains. It seems that small and medium-size businesses, neglected in good times, are suddenly shown up as the saviour for dwindling jobs in the public and private sectors. Continue reading “Small businesses battle to survive”

A small business owner reveals her survival strategy in this economy

Fried mixed vegetable with tofu, mushroom and ...
 (Photo credit: Wikipedia)

After running her Thai restaurant in Johannesburg for the past seven years, a Filipino restaurant co-owner has decided to close down the restaurant. The main reason, and we are seeing it a lot these days, is that at the end of her lease the landlord has informed that it will increase.

But there is another reason. After working seven years in a partnership owned Thai restaurant and another seven years in a restaurant with her husband, the co-owner says she has seen time fly by. Her daughter is already in Grade 8 and she has lost many years not spending enough time with her. Continue reading “A small business owner reveals her survival strategy in this economy”