Location is everything … or is it! The right location for your franchise will be dictated to you by the criteria for the specific industry sector it serves. If you go to your customers, rather than your customers coming to you, it makes sense to pursue a home-based or a location where accessibility and visibility […]
Entrepreneurs contribute towards job creation, which motivates many people to want to start their own business, but how well do they know their business personality? Being an entrepreneur or a franchisee is not interchangeable, as their extremes are at either end of a varied spectrum of approaches to business. There are major differences between […]
Sandwich Baron founder and CEO shares her advice. Sally J’Arlette-Joy Buying a franchise is probably one of the most important decisions a person can make, yet many aspiring entrepreneurs fail to ask the important and even most obvious questions before purchasing. Sandwich Baron founder and CEO Sally J’Arlette-Joy has 20 years’ experience in opening her […]
A company brand is what differentiates itself from its competitors, identifying itself though a unique logo, tagline or combination of these, creating an image that customers relate to. A brand is something that is built over time by your customers and not the company. It is the way that customers perceive your brand and the […]
Looking to own a business but want a head start? Here’s how to sharpen your focus and secure your shot at franchise opportunity success… If you want to embark on business ownership but wouldn’t mind a potential head start, it’s time to look at franchise “resales”. With a franchise that is already up and running, […]
A business that has set out its systems and procedures, and is trading profitably, may choose to start a franchise. Successful franchising is difficult but if you want to expand your business to its’ maximum size and profitability, you may wish to franchise your business. If you are the franchisor you may benefit from additional […]
Many franchisors stipulate that as a condition, the franchisee must be an owner-operator also known as a hands-on-operator. However there are arguments for and against this philosophy – let’s take a look. The Owner-Operator Franchisee An owner-operator is the hands-on franchisee that works in the business and is actively involved in the day-to-day running of […]
How the Consumer Protection Act protects you Congrats, so you have made the decision to buy a franchise. While the thought of running your very own franchise outlet may seem very exciting, franchise deals are intricate and complex. Understanding the contract you get from your franchisor is critical. It can be the difference between spending […]
To be a top performing franchise takes a little more than following the beaten path and there are certain characteristics that separate the best franchisees from those who simply make a living or even fail. “It often comes down to taking something which has been tried before and doing it better, or with a bit […]
Want to find out if your outlet is made to multiply? Your business could be the next best franchise. Did you know that 92% of all franchise concepts in South Africa are home grown? This is good news if your business is booming and you’re thinking of multiplying your success. But even the best-run businesses […]
