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The Success Factors To Franchising Your Business
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 for consideration are: 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:
FRANCHISES:
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The Evolution of the Franchising Customer
The rise of the ‘hybrid consumer’ is an emerging and growing trend with significant implications for the South African franchising industry. It is pivotal that these new customers are understood so as to leverage a profitable relationship with them. At this year’s FNB Franchising Leadership Summit, Dion Chang, trend commentator and founder of Flux Trends… Read more…
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Building strategic alliances to grow your business
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 strategies for building effective strategic alliances:
1. Define your target market. This is a fundamental when it comes to any form of marketing. Failure to define your target market will result in failed marketing efforts every time. Read more…
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Can franchisees really cope with rising interest rates and other pressures?
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 consumers, big conglomerates to franchisees. As with all business enterprises, the economic conditions of the day impact directly and indirectly on the operations of franchises – their production, management, pricing – and so must be analysed carefully and managed strategically. Read more…
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2015 FNB Franchise Leadership Summit
12 November 2015, Johannesburg – Aptly themed, ‘Planning for the Future’, FNB hosted the fourth consecutive FNB Franchise Leadership Summit where South Africa’s franchising leaders and stakeholders met to discuss and debate the Franchising landscape.
Morné Cronjé, Head of FNB Franchising says, “In South Africa, the franchise industry has remained… Read more…
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FAMOUS Brands has acquired 51% of Greek restaurant chain Mythos
The company said the acquisition was part of its “stated strategy to expand its presence in the evening casual dining environment”.
The purchase, which falls below the threshold of a reportable transaction according to JSE listing requirements, would be settled in cash, the company said. Read more…
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Famous Brands signs deal with PAUL
FAMOUS Brands said on Tuesday it has signed a deal with French chain PAUL to bring the bakery-café establishment to SA.
In terms of the 10-year licence agreement with PAUL, Famous Brands will open five restaurants over a five-year period in three trading formats. The first flagship PAUL restaurant is scheduled to open by the end of 2016. Read more…
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Fournews to ‘push the envelope’ to remain market leaders in fast casual restaurant franchising
The restaurant franchise market has been challenged in recent years by a variety of popular health-related diet trends, providing opportunities for forward-thinking businesses to fill the gaps that have been created in the market as a result.
Explains Fournews Operations Director, Michael Deftereos: Read more…
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