Is Franchising Right For You?
Given that franchising has proven itself as a successful business model and there are many examples of successful franchises, buying a franchise is no guarantee of success. Here are five questions to ask yourself if franchising is right for you. 1. Have you thoroughly investigated your choice of franchise? A franchise is a long term […]
Effective marketing is a balance between pro-active and re-active thinking
Key to the success of The Fish & Chip Co.’s marketing activities is creating a working strategy that meets customers’ needs, grows profits, strengthens brand loyalty and creates solutions within the communities in which the franchises operate. These activities can only be achieved if the communications team works together to continuously evolve the ways in […]
Is it a Franchise or a Business Opportunity?
What is the difference between a franchise and a business opportunity? This is a question that is often asked and can easily be determined by the specific criteria that differentiate the two. In its basic form, a franchise is a proven business model where the franchisee pays a fee to the franchisor for the opportunity […]
‘Staff smarts’ can give a franchise ‘star’ status
Getting to grips with the pro and cons of managing staff effectively is vital to the success of a franchise The most valuable asset in any franchise is its people. It is people that drive admin, control systems and provide the service, build efficient teams and help to keep customers coming back for more. Ignoring […]
Setting the standards in franchising
For many entrepreneurs, the concept of franchising is a lucrative one. With its foundations set in place and a proven track record to affirm its credibility, this business model is ideal for those who want to start a business that affords added support while still allowing them to make it their own. It is, however, […]
Planning and research key when investing in a franchise
Buying a franchise can be quite expensive, especially if you are considering linking up with a franchisor that represents an internationally respected brand which is already a household name. As a result, there are very few entrepreneurs that can afford to completely finance the franchise from their own resources. Simone Cooper, Head of Franchising and […]
Franchisee life hacks to optimise your productivity
Productivity is something that rises and falls like the ebb and flow of the ocean. Some days you might find yourself taking the day in your stride, then on others it seems like you’re just not ticking anything off your to-do list. Fortunately there are tips and tricks which you can employee to ensure you […]
Customer relations are the recipe for success in franchising
Yolandi Ferreira, Marketing Manager of Maxi’s, discusses and provides some useful tips on the importance of customer relations in the food franchising world. Franchising is becoming a bigger and better business option for many entrepreneurs as starting a franchise has fewer risks than starting up a business from scratch. However, this has also meant that […]
Put a spring back in the step of your business
A change of season always brings about a sense of renewed purpose. Aside from the obvious changes in weather, somehow seasonal change also brings about the need for refreshed energy and drive. This is especially true in spring where everything awakens from hibernation and starts anew with greater vigour, which is why this is the […]
Support from family and friends linked to entrepreneurial success
Entrepreneurs are a rare breed of people who do not just discuss good ideas, but put them into action without the fear of confronting several risks that are associated with starting a business. Even with their courage, enthusiasm and determination, entrepreneurs still need some form of support and inspiration from a spouse, family or friends […]