Six steps to selecting your ideal franchise business
With the world of franchising constantly changing and growing, the variety of opportunities also expands, offering potential franchisees a wider choice of activities than ever before. However, there are tried and tested ways of finding that elusive business opportunity which is tailor-made for you. Simone Cooper, Head of Franchising and Enterprise Development at Standard Bank, […]
Is your focus on the right place in your business?
Many small business owners, including those in franchising, are faced with so many different business elements to manage that they often tend to place too much of an emphasis on one area. While it is important to spend quantity and quality time to develop a specific business element, entrepreneurs cannot put all their efforts into […]
The anatomy of a good manager
In most businesses, proper management is a complex task. Why? Because managers need to be hands on, dedicated workers that are able to effectively wear many hats and juggle many tasks – all while ensuring the ultimate success of the business that they have been made responsible for. In the franchising system, even though the […]
Why franchising is a viable business opportunity
Being a successful entrepreneur takes drive, determination and passion for what you do. The success of an entrepreneur all boils down to recognising the right opportunities and of course, investing time, money and skills into making a proven business concept a successful reality. The concept of franchising is not a new one, and many entrepreneurs […]
The top predictors of success in business
The prospect of starting a business is always an exciting one. When starting out, hopes are high, goals are set and entrepreneurs are eager to turn the business into a lucrative empire that will exceed their wildest dreams. The reality is, however, that there really is no crystal ball that can share revelations on a […]
Successful franchise brand shares tips on how to succeed in the industry
Profitable franchisees have several things in common such as leadership skills, reliability, people and skills. Bronwyn Oliveira, brand manager of Maxi’s, the franchisor of a nationwide chain of family restaurants, shares some insights on how to makes a success of your restaurant franchise. Have you got a positive attitude to life and business? Are you […]
Shabba Talks About Striking The Balance In Business
In business, balance is everything. Aside from ensuring that your accounts balance, making sure that your business and the other activities that fill up your daily life are also balanced is crucial. This is especially true in franchising. While there are many franchisees who commit their time solely to their franchised business, there are others […]
Is franchising your calling?
Are you thinking about opening your own business but concerned about the risks involved? Have you ever considered franchising as an option? There are many advantages of buying into a franchise, rather than opening up your own start-up business. One of the misconceptions many people have about franchising is that franchisors are looking for “true […]
What makes a restaurant franchise great?
Fast food has been around for as long as most people can remember. With so many choices of fast food, you do not have to go far to find something you would like to eat. The fast food market is therefore very competitive and brands spend millions on marketing to ensure that people choose their […]
Why change is good for business
They say change is as good as a holiday. In the case of The Fish & Chip Co., it’s as good as a menu overhaul. As of April 2014, The Fish & Chip Co. added even more ‘Hot and A lot’ value to the plates and pockets of their customers by refreshing their menu with […]