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...
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,...
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...
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...
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...
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...
Global Recognition for Signarama Southern Africa
A highly anticipated event on the Signarama calendar is the World Expo which recently took place in Cancun, Mexico. Southern Africa was well represented at the event which took place from 23-27 October.
The event...
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...
All eyes on the newly appointed Minister of Small Business – will she deliver?
With the shock decline in gross domestic product of 3.2% in the first quarter from a 1.4% expansion in the prior three months, can government live up to its post-election hype and deliver on...
How to evaluate a franchise opportunity
When you are faced with the opportunity of investing in a franchise business it is important that you do all your homework. The old adage of 'let the buyer beware' is applicable in this...
Franchise vs. License agreements – do you know the difference?
From fast food, painting and renovating, childcare and education to website sales, there are a vast array of business opportunities available if you opt for this route to business ownership. Extensive investigation of the...
Modern women want more – it’s as simple as that
Collectively, women entrepreneurs operate differently to their male counterparts. Their lower employment numbers and growth aspirations have historically led to questions of how to “fix” them. But different doesn’t mean deficient — or underperforming.
The...
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...
Call for comments on Franchise Industry Code
In a surprise announcement, the Department of Trade & Competition (dtic) notified the Franchise Association of South Africa (FASA) that it was asking for comments on the discussion document relating to the publication of...
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,...
