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,...
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...
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...
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...
Signarama

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...
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...
How to franchise a business

How to franchise a business

Franchising can be a very successful distribution strategy to expand a proven, successful business. Business owners considering going the franchise route should remember that it is not ethical or practical to franchise an idea or...
franchise industry code

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...
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...
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...
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...
International franchise expansion

International franchising: Taking your brand global

Robert Moschorak, president of Ace Hardware International Holdings, provides insight on taking your brand global...
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...
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...

Franchising holds growth opportunities for SMEs

The resilience and vitality of the franchising industry in South Africa is more apparent than ever, and increasingly becoming a notable asset to the country. "The franchising sector continues to show growth, and is increasingly...