Small Business Focus

Stuttafords dies on 1 August. There are lessons to learn

Stuttafords will shut up shop on 1 August.

The iconic giant could not evolve.

What do we learn from this?

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator founder Pavlo Phitidis.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

Arguments are often why family-owned businesses don’t make it to the second generation.

Pavlo Phitids, Aurik Business Accelerator

Stuttafords had a great business model.

Pavlo Phitids, Aurik Business Accelerator

They created a wonderful experience. But things have changed.

Pavlo Phitids, Aurik Business Accelerator

Stuttafords is South Africa’s Kodak.

Pavlo Phitids, Aurik Business Accelerator

Focussing on a niche lends itself to a very successful click-and-mortar business.

Pavlo Phitids, Aurik Business Accelerator

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
How to catch a tiger and ride it without being eaten

How to catch a tiger and ride it without being eaten

The Money Show’s Bruce Whitfield interviews small business guru Pavlo Phitidis, founder of Aurik Business Accelerator.

Government - the biggest customer in SA – is broke. Here’s how to survive…

Government - the biggest customer in SA – is broke. Here’s how to survive…

The Money Show’s Bruce Whitfield interviews small business guru Pavlo Phitidis, founder of Aurik Business Accelerator.

How to strategise instead of leaving it up to fate

How to strategise instead of leaving it up to fate

Do you have a strategy, or are you just being busy? Bruce Whitfield interviews small business guru Pavlo Phitidis.

Pay up to 45% less tax by investing in a small business (Section 12J incentive)

Pay up to 45% less tax by investing in a small business (Section 12J incentive)

Dino Zuccollo of Westbrooke Alternative Asset Management answers 12 FAQs about the Section 12J tax incentive.

Want to start a business? How to know if it’ll work before you take the plunge

Want to start a business? How to know if it’ll work before you take the plunge

"Idea validation" is the process of testing your idea before launching your business, says Yiedi CEO Jayshree Naidoo.

How to start your own business (by a guy who started his with almost no money)

How to start your own business (by a guy who started his with almost no money)

The Money Show’s Bruce Whitfield interviews NicHarry founder Nic Haralambous.

Popular articles
'I got retrenched and it took a toll on my relationship' - on money and intimacy

'I got retrenched and it took a toll on my relationship' - on money and intimacy

Money is one of the top causes of relationship fights and divorce. Dr Eve and callers discuss how it can affect sexual intimacy.

Icasa's Rubben Mohlaloga to appeal 20 year sentence for fraud, money-laundering

Icasa's Rubben Mohlaloga to appeal 20 year sentence for fraud, money-laundering

He was sentenced alongside former acting head of the Land Bank Philemon Mohlahlane and attorney Dinga Rammy Nkwashu.

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

Dr Adriana Marais was on her way to the Red Planet. Then Mars One collapsed

The Money Show’s Bruce Whitfield interviews Marais, a quantum biology researcher with dreams to live on Mars.

'They think they're the boss of the road' - Listeners share taxi driver tales

'They think they're the boss of the road' - Listeners share taxi driver tales

702/CapeTalk listeners share stories of having been violently harassed by taxi drivers and feel the government needs to act on it.

'Get ready for tax levy to save Eskom, because the money is simply not there'

'Get ready for tax levy to save Eskom, because the money is simply not there'

Eskom has so much debt it threatens to break South Africa. Bruce Whitfield interviews Dr Adrian Saville of Cannon Asset Managers.

McBride's testimony could implicate MPs in state capture

McBride's testimony could implicate MPs in state capture

Ipid boss Robert McBride is expected to implicate 30 high profile individuals including Members of Parliament in his testimony.

Eskom paid R300 billion (and counting) for 2 deeply flawed coal-fired dinosaurs

Eskom paid R300 billion (and counting) for 2 deeply flawed coal-fired dinosaurs

Litigation will follow, says Minister Gordhan. Business Day’s Carol Paton on his inquiry into the failing Medupi and Kusile.

South Africa just became the world’s hottest destination for oil exploration

South Africa just became the world’s hottest destination for oil exploration

The Money Show’s Bruce Whitfield interviews Stephen Larkin, CEO at Africa New Energies.