FASA’S Annual Awards for Excellence in Franchising

The FASA Franchise Awards was held at the Franchise Business Festival at Kyalami on 01 July 2017 to honour the finalists and winners of its annual Awards for Excellence in Franchising. The categories honoured at the FASA Awards include: FRANCHISOR OF THE YEAR This most prestigious award celebrates the success of the franchisor who has […]

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Back to basics: Business essentials for start-ups

You have secured the finance, found the perfect location, and have signed a contract. Congratulations, you are now the owner of a business. For many business owners, the most important part is securing finance and signing that all important contract. What follows is business as usual; staff training, stock management and then trading. However, “business […]

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Current challenges faced by new franchisees

As the South African economy continues to navigate economic challenges; the knock-on effect on consumers is one of the main issues keeping new franchisees awake at night. Morne Cronje, Head of Franchising at FNB Business says “despite the resilience of the franchising sector which contributes almost 12% to South Africa’s GDP; and generated a projected […]

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Strategies for Successful Franchising

Many entrepreneurs dream of building their businesses to the point where they need to expand their businesses into other territories or regions.  Franchising, if correctly done, provides a very effective form of leverage to expand into other regions. However, many entrepreneurs believe that franchising your business is an easy way to riches.  This is not […]

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Are you a good fit for franchising?

  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 […]

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Tip for buying a franchise: let the buyer beware

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 […]

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