When opting to invest in a franchise, it is imperative that potential franchisees have a full knowledge of what they are investing in, as capital is not the only thing being invested. Essentially, they are investing a number of hard working years into a business that will need to be built on an ongoing basis. […]
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 […]
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 […]
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 […]
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 […]
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 […]
