Your Business DigiMag

Your Business DigiMag – your free SME resource

Hot off the press! The latest issue of Your Business DigiMag - free for online reading or download here. Your Business is your free publication that gets straight to the heart of business matters for...
buying a franchise

What it takes to succeed as a franchisee

How to set yourself up for success as a franchisee. Joining a franchised network is a calculated business decision. The required investment should generate appropriate returns but there is an important proviso: Being a franchisee...

Factors to consider before entering franchising

Almost every entrepreneur - at some point in their journey - considers going into franchising as a guaranteed route to attaining business success. “Despite the sector having a higher success rate compared to its counterparts,...
Expanding a franchise Africa

Expanding a South African franchise beyond our borders

According to the latest survey from the Franchise Association of South Africa, 39% of franchisors have businesses outside South African borders. This is equivalent to 1 775 stores in the SA franchise population. Most of...
Business opportunities in the Kids Market

The Kids’ Market: Being small has never been so big

If you have a genuine love for children, a lot of energy, and a good dose of business acumen, there's money to be made in the burgeoning Kids' Market, as being small has never...
franchising collective

Franchising: Strength in the collective

For franchise brands in particular, success going forward will require franchisors to support their franchisees and customers by pivoting their business models to better suit the changing marketplace. The very nature of franchising as...
Your business Magazine

Oct/Nov 2020 issue of Your Business out now – your free digital SME magazine!

The October/November 2020 issue of Your Business Magazine is out now, available to you free for online reading or download here. Some of our inspiring articles and features include: ON THE COVER DIGIT FLEET MANAGEMENT SOLUTIONS has...
Multi-Unit Franchising

The Magic of Multi-Unit Franchising

A definite trend of multi-unit franchising has emerged in South Africa in recent times. There may be various reasons. Access to funding has been tight as a noose rendering it less risky to lend...
Buying a franchise

Buying a franchise? Ask the right questions

When evaluating a franchise opportunity, it is critical to do all your homework before buying. Here are some prompts around requesting the information you need to know... The old adage of “let the buyer beware”...
launch your franchised outlet

Set yourself up for success from day one

Getting ready to launch your franchised outlet? Read on for some tips to get off to the best possible start! Your attitude and enthusiasm is directly linked to your business success as it brings a...

Questions to ask before investing in a food franchise

Entrepreneurs venturing into new business opportunities continue being attracted to the tried and tested franchising concept, which can withstand the harshest economic circumstances. Andre Beck, Sector Head for Fast Food and Restaurants at FNB Business,...
working out salary

Working out your salary as a franchisee

What should you consider when working out your salary and other drawings? As a franchisee, you should fully understand all the financial aspects of running a business. This includes how you will be paid, how...
is franchising for you

Is franchising for you?

"Franchising can be viewed as a way to avoid the unnecessary trial and error usually involved in starting-up a new business," according to Standard Bank Franchising. "But while the benefits are very appealing, it is essential to think about whether...
3@1 franchise

Brand Ambassadors fly the 3@1 franchise flag

If your stories are all about your product and services, that's not story telling. It's a brochure. At 3@1 Business Centre, we want our story to be about recognising our long-term brand ambassadors who...
trends in the franchise sector

Trends in the franchising sector

The franchising sector has shown steady growth over the past four years, in a tough economy from contributing an estimated 9.7% to the country’s GDP in 2014 to its recent figure of more than...