Franchisors can benefit from a conversion strategy
A conversion franchise is simply an existing business that is converted to a franchise. This will typically mean that the conversion franchisee will rebrand the
20 Traits your master franchisee must have
If you’re planning to expand your brand abroad, your success is highly dependent on the performance of your master franchisee. When franchisors look for
Challenges of growing a franchise network post Covid-19
Franchising your company is one way to grow your business by expanding to new locations, creating more revenue, and growing your brand. While most businesses
Franchise succession planning or exit strategy
What does franchise succession planning and exit strategy mean and why is it of cardinal importance to franchisors and franchisees alike? There is a misconception
How to build a franchise business in 10 foolproof steps
You were probably attracted to franchising because of the benefits that come along with the business model. You invest in a recognisable brand with proven
How and why you should consider starting a franchise business
If you’re interested in starting a business but don’t have the bandwidth to start from scratch, franchising is an alluring option. There are franchises
SA Franchise Brands is excited to announce the launch of our new website
It’s out with the old and in with the new! After a few weeks of hard work and dedication, SA Franchise Brands is excited to
Seven steps to running a successful franchise
Many business owners want to run a franchise, and for good reason. You have your own business, but you’re also buying a business system
Multiply your business growth via Franchising
Franchising can offer small businesses a pathway to progress and profitability not generally achieved with company-owned locations. In some cases, franchising has permitted small
9 Things you should know before buying a franchise
Franchises are becoming increasingly popular in today’s business market. It’s not just customers that are flocking to them, either. Entrepreneurs are looking to franchising to
What Will Your Franchisees Say?
With the introduction of the Consumer Protection Act, 68 of 2008 in 2011, prospective franchisees are entitled to contact any of the existing franchisees, or
Cancellation of the Franchise Agreement after the cooling off period
A franchise agreement may be cancelled after the ten-day cooling off period has expired, if: the agreement itself is invalid, or where one of
7 Qualities to look for in the right franchise for you
If you’re seriously considering franchising, you’re not only pursuing excellence in your personal path, but also seeking it in the franchise you choose to
The importance of the disclosure document when buying a franchise
The key to making an educated decision when becoming a franchisee is to make sure that the franchise you are investigating has a Disclosure Document
Five reasons startups are choosing franchise opportunities
When you mention startups, most people think unique, fresh ideas, not an established franchise. But the terms “startup” and “franchise” make a great combination.
Looking at the Work-From-Home franchise scenario
Work-From-Home or WFH has become the forced and recognised norm for most people over the last few months due to the worldwide Covid-19 pandemic. For
Planning for the succession of your small business or franchise
By: Jurgens Boshoff, Head of Distribution: FNB Financial Advisory The Covid-19 pandemic has made it more important for franchisees and business owners to have adequate
How to build a franchise business in 10 fool proof steps?
Once you’ve completed your franchisee training with ambitions of becoming one of the biggest franchises around, it’s down to you to make it happen.
5 Mistakes to avoid when buying a franchise
1. Assume the franchise will be a success Any new business venture involves risk and there’s really no such thing as a guaranteed success. If
Continue advertising your franchise – especially in tough times
One of the first budgets that most businesses slash during tough economic times, is their advertising budget. This may make perfect sense as businesses
How to turn your small business into a successful franchise
Franchising your business can be a rewarding experience when done right Many business owners dream of seeing their business grow and scale over time –
