The holiday season is usually a busy and potentially profitable time for the franchising industry and with the peak holiday season fast approaching, businesses should

Potential franchisors wanting to expand their network with the franchise model often ask the question, “What are the factors to successfully franchise my business?” Factors

A strategic alliance is when your company enters into a loose partnership with another business to help each other make extra profits. Here are five

The recent decision by the South African Reserve Bank to increase the interest rate to 6% has impacted on all sectors of the economy from

The Hybrid Consumer The rise of the ‘hybrid consumer’ is an emerging and growing trend with significant implications for the South African franchising industry. It

  Most business premises are rented, where the lease, which contains the terms and conditions is entered into between the tenant and the landlord. Leases

Novice entrepreneurs quickly learn the depth of truth behind the old saying: “It takes money to make money”. Beyond profit, cash flow is king in

The idea of starting a business can be a daunting but exciting one with funding being one of the main aspects to consider. Understanding how

Consider the following steps to franchise success. Finance Fully understand the total cost of the investment including your own living costs for at least six

Anyone who owns and operates a franchise will tell you that cash flow determines whether your business succeeds or not. However, unexpected expenses can occur

By Harry Welby-Cooke – leading business and executive coach and SA’s Master Licensee for global franchise company – ActionCOACH I’m often asked by business owners

According to the latest research from the Franchise Association of South Africa, 90% of franchisors say they are optimistic about future growth in their businesses.

Thousands of people visit the Business Entrepreneurship and Franchise Expo each year, which is at the Ticketpro Dome in Northriding, Johannesburg from 10 – 13

Times may be tough locally, but that has only encouraged South African franchisors to look beyond the country’s borders and take a long-term view on

Buying a franchise may seem like a short cut to business success. However, being a franchisee also comes with great responsibilities. As a result, it

There are various structures that have been developed to aid franchisors who want to expand their brands internationally, to deal with the difficulties in managing

An incentive is defined as “something that motivates or encourages one to take action”. Taste Holdings has recognised the significant potential of incentives to achieve

Recruiting quality franchisees is becoming increasingly essential for every franchise business, as the wrong fit can seriously damage the reputation of the franchise. As the

Much is written about the ideal franchisee and which characteristics franchisors are seeking in a potential franchisee. Just as importantly, the ideal franchisor should have

Many entrepreneurs entering the world of franchising often find it challenging to decide whether to go with an established brand or throw their hard-earned savings

For franchisees to be successful, a strong and formative management approach is necessary, where emphasis is placed on elements such as stock control, organising, planning,