Archive | Franchising

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 […]

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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 […]

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Franchising

What is a Franchise?   Generally, the term “franchising” is used to describe the licensing of a business system which invariably includes the licensing of various types of intellectual property. The CPA (Consumer Protection Act 68 of 2008) came into force on 1 April 2011. Prior to the CPA, there was no statutory definition for […]

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