Small Stars Car Wash Business Growth

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Questions and Answers

What was the initial business structure of Small Stars Car Wash when it was founded by Leah and her partners?

  • Corporation
  • Formal business
  • Informal business (correct)
  • Franchise

Which of the following factors contributed to Small Stars Car Wash transitioning from an informal setup to a formal business?

  • Winning the South African Breweries kickstart program in 2024 (correct)
  • Losing the Glam Awards competition
  • A decrease in the number of employees
  • Reduction in profits

By November 2021, approximately how many young people were employed by Small Stars Car Wash?

  • Seven
  • Five (correct)
  • Two
  • Ten

Besides winning the 2024 Glam Awards competition, what other achievement did Small Stars accomplish in 2024?

<p>Won the South African Breweries kickstart program for the Cape region (D)</p> Signup and view all the answers

What is Leah's vision for the future of Small Stars Car Wash concerning customer experience?

<p>To develop a social element where customers can gather with friends while washing cars. (A)</p> Signup and view all the answers

Following the capital injection from winning the South African Breweries kickstart program, how many workers were employed?

<p>Seven (C)</p> Signup and view all the answers

What category did Leah win in the 2024 Glam Awards competition?

<p>The best business for the year (B)</p> Signup and view all the answers

When did Leah and her partners initially establish the informal business that would become Small Stars Car Wash?

<p>2010 (D)</p> Signup and view all the answers

What type of businesses were eligible to win the South African Breweries kickstart program in 2024?

<p>Businesses in the Cape Region (B)</p> Signup and view all the answers

Which of these options align with Small Stars' long-term goals?,

<p>Developing a social element integrated with the car wash service (B)</p> Signup and view all the answers

Flashcards

Who owns Small Stars Car Wash?

Leah is the owner of Small Stars Car Wash.

Small Stars award in 2024?

Small Stars won the best business for the year 2024 Glam Awards competition.

When was Small Stars founded?

The business was founded in 2010.

Small Stars starting structure?

The business started as an informal business.

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How many people employed by Nov 2021?

Small Stars employed five young people by November 2021.

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Kickstart program award?

Small Stars won the South African Breweries kickstart program in 2024 for the Cape region.

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How many workers?

Seven workers are now employed at the business.

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What led to formal premises?

Capital injection helped Small Stars move into formal premises.

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Car wash’s social goal?

To develop the social element to gather with friends while washing cars.

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Study Notes

  • Leah owns Small Stars Car Wash.
  • Leah won the 2024 Glam Awards competition, achieving the best business for the year.
  • Leah partnered to create an informal business in 2010.
  • The business gradually became formal, employing five people by November 2021.
  • Small Stars won the South African Breweries kickstart program in 2024 for the Cape region.
  • Capital enabled the business to move to formal premises and employ seven workers.
  • Leah wants to develop the car wash into a place for customers to socialize.

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