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Leasing premises – know what you are signing!
Most business premises are rented, where the lease, which contains the terms and conditions is entered into between the tenant and the landlord.
Leases are usually drawn up in standard format and are mostly geared towards protecting the landlord’s interests. The lease terms and conditions are not normally open to negotiation but do not be afraid to question any provisions that you may consider to be unfair or prejudicial to yourself. 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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SUPPLIERS & SERVICE PROVIDERS:
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Col’Cacchio pizzeria is taking staff training to a whole new level to boost business and staff wellbeing
The franchise model is designed in such a way that people without a lot of business experience still have the opportunity to own their own businesses. So it seems fair that, with franchisors putting in a lot of training to get their franchisees up to snuff, franchisees pay it forward by training their staff to reach their full potential and live long, healthy lives that allow them to build wealth. Read more…
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KFC brings music to meal time
In a first for South Africa, KFC launches interactive tables that play you hit songs through your elbows.
Tech is moving at a phenomenal pace, and the ones that gain the most traction are the ones that bring the most convenience and a greater user-experience to our lives, which is why the highly competitive fast food… Read more…
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Spur corporation restaurant sales exceed r6 billion
Restaurant franchise group Spur Corporation continued to gain market share in the year to June 2015 as worldwide restaurant sales increased by 12.1% to R6.2 billion.
Sales in South African restaurants proved resilient in growing by 11.3% while international restaurant sales increased by 18.6%. Read more…
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Instant cash flow: Turn your company into a money machine
Novice entrepreneurs quickly learn the depth of truth behind the old saying: “It takes money to make money”. Beyond profit, cash flow is king in business. Launching a business can be next to impossible without cash to work with. It is therefore vital for start-up businesses to establish cash flow as quickly as possible during their first year of operation. Read more…
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Securing funding for a franchise
The idea of starting a business can be a daunting but exciting one with funding being one of the main aspects to consider. Understanding how the funding process works and what options are available to start-up businesses is key to ensuring the business starts on the right footing.
Looking at the franchise industry’s funding process, Richard Mukheibir, Managing Director of Cash Converters, explains… Read more…
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