The positives and negatives of turning into a franchise

As an experienced and highly successful independent business owner, the idea of converting your business into a franchise requires you to weigh up the pros and cons: Benefits of being a franchisor Access to ready-to-operate locations You don’t have to recruit franchisees from scratch when starting a franchise system. Established business owners might be looking […]

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IS YOUR DISCLOSURE DOCUMENT CPA COMPLIANT?

Together with the Franchise Agreement, the Disclosure Document is the most important document in franchising, both documents being strictly governed by the Consumer Protection Act 68 of 2008 (CPA) which came into effect on 01 April 2011. It is a legal requirement that franchisors provide prospective franchisees with a compliant Disclosure Document but unfortunately some […]

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4 Keys to help you succeed as a young new franchisor

. Lessons from a local franchisor who launched a multi-million-rand global business in under five years. Franchising is usually promoted to young aspiring entrepreneurs unable to launch businesses due to financial constraints and a lack business acumen. While becoming a franchisee is a great entry-level entrepreneurship strategy, you don’t need someone else’s successful business idea […]

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Key phases of the franchising relationship

The relationship between the franchisor and franchisee is often overlooked by people who are starting out in franchising. This is one of the biggest mistakes that one can do; it creates a lack of mutual understating, it also has a direct correlation to the 10% failure rate in franchising. Riaan Fouche, the Chief Operations Officer […]

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KEY ASPECTS OF A SUCCESSFUL FRANCHISOR

There are many aspects that play a role in the success of a franchise and we look at some of the qualities that a successful franchisor will possess. This is relevant to businesses that are considering the franchising route to expand and to prospective franchisees that are looking to buy a franchise.   A Successful […]

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Thinking of going into franchising?

A lot has been said about franchising being one of the resilient sectors in our economy as it contributes approximately 13,3% to South Africa’s GDP. Thus, people might consider the route of owning a franchise in their entrepreneurial journey.   Morne Cronje, Head of Franchising at FNB Business says, “Franchising has a lot of advantages […]

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Franchising: The most honest way of doing business

  We’ve entered an age where consumers choose their products and services as much for their values as what they offer. That’s what makes franchising, as a truly transparent business model, an appealing option for today’s would-be business owners.   According to Clive Robinson, Master Franchisee and Education Consultant at Tutor Doctor, there are three […]

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THE BENEFITS OF REBRANDING

Constantly changing trends can make it difficult to maintain a modern image. Rebranding can keep your franchise’s look, feel and values fresh, being the key to keeping your franchise at the cutting edge of your industry.   Rebranding offers a number of benefits including:   Differentiation   Set your franchise apart from your competitors, showing […]

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FASA Winners Kauai Interview

SA Franchise Brands welcomes Guy Le Ray-Cook, Franchise Executive of Kauai. Firstly Guy, congratulations to you and your team for Kauai winning the 2018 FASA Franchisor, Brand Builder and Field Service Consultant of the Year awards. What has been paramount to Kauai’s success? Since inception, 22 years ago, Kauai has been leading the healthy eating […]

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