![]() Township businesses are mainly all informal, unregulated and unlicensed, but yet they survive and generating income for the unemployed. There has been proof of established companies thriving in those markets even more so if they have a deep understanding of the local market e.g. To maximize South Africa’s economic potential, the public and private sectors need to create and enable an environment for growth, especially in the township and rural communities. ![]() Township businesses are more sustainable than most franchise owners might imagine. Over the past few years there has been a motion and effort to stimulate township economies through the provision of infrastructure, mainly for services and the limited commercial sector. ![]() Townships were never previously conceived to have the potential for development. Business owners are now looking at alternative means of market expansion and ways of revitalizing the economy to address poverty, inequality and unemployment. ![]() Franchises and independent businesses are competing and operating in highly competitive and in some instances saturated markets. ![]()
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