
Planning for the succession of your small business or franchise
By: Jurgens Boshoff, Head of Distribution: FNB Financial Advisory The Covid-19 pandemic has made it more important for franchisees and business owners to have adequate

By: Jurgens Boshoff, Head of Distribution: FNB Financial Advisory The Covid-19 pandemic has made it more important for franchisees and business owners to have adequate

Once you’ve completed your franchisee training with ambitions of becoming one of the biggest franchises around, it’s down to you to make it happen.

1. Assume the franchise will be a success Any new business venture involves risk and there’s really no such thing as a guaranteed success. If

One of the first budgets that most businesses slash during tough economic times, is their advertising budget. This may make perfect sense as businesses

Franchising your business can be a rewarding experience when done right Many business owners dream of seeing their business grow and scale over time –

When determining whether to move forward with franchising your business, your ability to commit to the process outweighs all. Independently-owned businesses weighing their growth and

Working from home is the new norm in the Covid-19 pandemic that we are experiencing world-wide. Heck, it even has its own abbreviation WFH

Think you’ve got what it takes to make it as a franchisee? Are you sure you’ve got the skills to pay the bills? To make sure,

Owning a franchise is a shortcut to business ownership. But what’s it like to be a franchisee? Here’s the good, the bad & the ugly

ATTITUDE is an extremely complex word but by simple definition, it means a way of feeling or acting toward a person, thing, or situation.

What’s better than buying a franchise? Could it be investing in an existing franchise for sale instead? There are many reasons why this could be

12 Criteria of Franchisability While it is impossible to determine the franchisability of a business concept without a significant amount of analysis, the iFranchise Group

This is a question that I am often asked and to be honest, there is always a lot of debate about this interesting aspect.

Many business owners dream of seeing their business grow and scale over time – not just for their own fulfilment, but in the hopes of

The most common misconception about a franchise is that it’s a “business in a box,” but in reality, a franchise is far from a

There is an obvious appeal to starting a business by buying a franchise. Whereas starting a business often comes with a lot of unknowns, a

As a franchisor travelling around and chatting to other business owners, one of the questions I get asked the most is “How or when will

This is an extremely testing and a challenging time for many franchise businesses. It has not been business as usual for the past few

Franchising your business can be a rewarding experience when done right. Many business owners dream of seeing their business grow and scale over time –

Company culture matters. In the franchise world, culture makes the network stronger and can contribute to the overall growth and success of a brand.

A positive customer experience is the exceptional service and/or products that your franchise provides, that meets or exceeds your customer’s expectations, thereby increasing customer