Siphiwe Tshabalala, has invested in a Fish and Chips franchise... whereas his club mate, Itumeleng Khune, has invested in a restaurant, Rhapsodys... now, before being critical, one needs to applaud the guys for taking a step in countering the possibility of being broke at the end of their careers... we are tired of seeing paupers who were once football greats.
Now, lets look at the "cons" of this move... granted, one has to start somewhere, and this is "somewhere" for these guys... however, is this a sustainable investment? Does that Fish & Chips franchise have staying power?
Like all the previous restaurants that lead with booze and night time, they tend to go out of fashion; will Rhapsodys be immune to that? And revenue doesn’t guarantee profit, the bottom line takes into account costs like rent, services, salaries, stock etc; one might end up with a deficit at month-end!
If one is looking to capitalise on monthly gains, investing in shares is probably not an option. Are our players not supposed to invest in stable companies? Or better still, are they not supposed to invest in property?
Don’t get me wrong, I’m happy for the guys, it is sustainability and return on investment that I’m concerned about!
By Sidwell "Feesh" Francis
+ comments + 3 comments
you are always fishy. mean on moday, tricky on tuesday, wicked on a wednessday, thrifty on thurdsay, frugal on friday, silly on saturday and sorry on sunday. I here this all the time people want to be given money and refuse to work. why reinvent the wheel. yes many cook chicken but that wont stop me from cooking one because mine will stand out and that is why I will nmake more money because many are doing it the wrong way. The mere fact that many are cooking chicken is good lead to show demmand. I am capitalizing on their weak points. Like you have WALMART coming small business need not shrink this monster but face it where it is weak. WALMART does not give credit or pay when you get paycheck. So Shaba and Khune a doing their best and the best you can do is give them support and stop your shwashwi business.
kombers The Black Swan
Khune and shabba deserve a bells. Stop being negative and start ur own business then mind it and leave them alone. They know what they are doing, hence they wouldn't hv gone that lane.
That's good to be in an investment.