The biggest challenge in franchising is…
It is said that franchising is a sure-fire way of securing business success, being cemented on the successes of other aspiring business pioneers. Even though franchise businesses usually come with tried and tested plans and practices, the business concept will still encounter challenges on the road to success. Managing Executive of The Fish & Chip […]
DON’T SIGN WITHOUT THE SIGN
FRANCHISE ASSOCIATION OF SOUTH AFRICA (FASA) PROMOTES ETHICAL FRANCHISING WITH THEIR “DON’T SIGN WITHOUT THE SIGN” CAMPAIGN Although the Franchise Association of South Africa (FASA) has been successfully flying the flag for ethical franchising for the past 33 years, it remains a voluntary organisation that attracts franchisor members who choose to run their businesses along […]
The franchisor’s role in setting up a franchise shop
Ever wonder how a fast food franchise store is established and ready for trade? Sandwich Baron Development Manager, Patrizio (Patrick) Nebuloni, elaborates further on the process of setting up a food outlet and shares insight into the type of support a new franchisee can expect from a franchisor. When it comes to setting up a […]
The habits of highly successful franchisees
In business, adopting the right habits is crucial to the success of a company. Without positive habitual behaviour, many objectives in business will not be met as no commitment will be exercised to any elements therein. The Oxford Dictionary defines a habit as; ‘a settled or regular tendency or practice, especially one that is hard […]
Managing the franchisor / franchisee relationship correctly
It is said that franchising is a sure-fire way of becoming a successful business owner, as its building blocks are cemented on the successes of other aspiring business pioneers. Even though franchise businesses usually come with tried and tested plans and practices, healthy relationships cannot be bought with a franchise agreement only. It requires continuous […]
Why should I franchise my business?
Franchising in South Africa has evolved from modest beginnings back in the mid-1960s into today’s preferred business expansion tool. Originally, franchising was linked to fast food operations but this is no longer the case. Over 600 franchises operate in more than 30 different industry sectors and new concepts emerge all the time. This article provides […]
Why Become a Franchisee?
Over the past five decades, franchising in South Africa has grown in leaps and bounds. Initially, opportunities existed primarily in the fast food and restaurant sectors but this has changed. Franchises are now offered in more than 30 different industry sectors and new concepts emerge all the time. The target audience for this article are […]
Licensing of Business Bill 2013 – Another bull riding experience for SMEs?
On 18 March 2013, the new Licensing of Business Bill was published in the Government Gazette, together with an invitation from Dr Rob Davies, Minister of Trade and Industry, for interested public to comment on the draft Licensing of Business Bill, within 30 (thirty) calendar days. Considering that the time has now elapsed for interested […]
10 Ways to Legally Protect your Business Online
The internet has opened a new era of business opportunities. Many online businesses involve less staff, lower overheads and have no lease agreement. It is therefore reasonable to assume that to start a business online should be more affordable than to start a business offline. For this reason, some businesses start-out as online businesses and […]
How to protect your name
Starting and growing a new business is very exciting. However, to be interrupted by legal conflicts in the process is very costly and inconvenient. At the inception of a business, many entrepreneurs decide to start trading, without conducting available checks on trading names and registering their intellectual property rights, just to learn later that it […]