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The Finance Aspects of Franchising
There are a number of financial aspects related to franchising which are sometimes confusing or plainly misunderstood.
Before entering into a franchise agreement, potential franchisees should know and understand the financial terms related to franchising some of which are listed below. Read more…
Kevin Antonie, CEO SA Franchise Brands
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Franchise Spotlight Brands
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SA Franchise Brands welcomes the following brands
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Franchises For Sale:
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An amazing franchise opportunity is available for a partnership in an established restaurant in the Pretoria area for a low initial investment. Please contact Karin van der Walt on 011 467 4224 or karin@brazenhead.co.za for further details.
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The Franchising Sector still has something to offer in 2016
The South African franchise industry has evolved to become a substantial contributor to the local economy. While current economic conditions remain fickle, the South African franchising sector remains optimistic for 2016.
Morné Cronjé, Head of FNB Franchising says, “In South Africa, the franchise industry has remained solid despite challenging economic conditions… Read more…
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Sorbet Holdings signs Licence Agreement with Clicks to hold trademarks
Sorbet Holdings and the Clicks Group have announced the formation of Sorbet Brands, which will hold all the trademarks related to the Sorbet Brand in Southern Africa.
The Clicks Group will own 25% of the new company and Sorbet Holdings the remaining 75%. The shares in Sorbet Holdings will remain 100% in the hands of Sorbet management who will continue to operate the Sorbet Salons. Read more…
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SA franchising outlook is positive for 2016
The economy may be under pressure and consumers may be spending less, but the outlook for franchising remains strong for 2016, with increasing competition and the entry of new players such expected to offer franchisees new opportunities, writes Ethel Nyembe, Head of Small Enterprise at Standard Bank. Read more…
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Gold Brands Investments listing on the AltX of the JSE is on track
Gold Brands Investments Ltd (“GBIL”), owners of South Africa’s fastest growing fast food franchise, Chesa Nyama, with 300 stores currently, today confirmed that the fast food franchise company with stores in South Africa, and across southern Africa including in Zimbabwe, Swaziland, Botswana, Zambia, Namibia and Lesotho, listing on the AltX of the JSE is on track. Read more…
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Chicken Xpress wants to be the franchise for all
Purchasing a fast-food franchise can be very expensive. Chicken Xpress aims to lower the barriers to entry significantly.
Setting up a fast-food franchise can easily cost millions, which means that a lot of emerging entrepreneurs can’t afford it.
Chicken Xpress is aiming to change this by making a fast-food franchise more affordable. Read more…
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Lessons in managing time from ACDC Express
When you’re an owner-operator franchisee, taking time off can seem like a pipe-dream. We asked ACDC Express franchisees Claude and Sharon van Rhyn how they manage their time.
Claude van Rhyn has been an ACDC Express franchisee for five years, with his wife Sharon working alongside him since 2011. Read more…
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You are contractually obliged to freshen up your franchise
Franchisees may not be aware that there is a contractual obligation to refurbish a franchise store every so often. Here’s how to prepare for the inevitable expense.
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 pays to ask the right questions so that you know exactly what your long-term obligations will be, especially when it comes to ‘freshening-up’ your franchise outlet. Read more…
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Cash Converters on what makes a good franchisee
What does it take to be a success within the franchise model? Here’s what Jean-Pierre Seger, franchise sales manager for Cash Converters, looks out for.
Investing in a franchise is a big decision. So how should you know if you’re cut out to be a franchisee? Read more…
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