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Franchising continues to grow despite challenging economic conditions
The results of the Franchise Association of South Africa’s fourth independent survey sponsored by Sanlam undertaken among franchisors has been released. 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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Business Opportunities
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The true cost of opening a franchise
Having the money to purchase a franchise is not enough. You also need money for those other expenses that often only crop up once your store is open.
Many new franchisees have found themselves in trouble because they failed to consider all the expenses associated with opening a franchise store. If you want to be on the safe side, budget for all the following expenses: Read more…
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Are your Business Goals Realistic?
Contrary to popular belief, buying a franchise from a successful business chain does not guarantee you’ll be printing money from the moment you open your doors… or at all for that matter. Sure, it’s helpful to have a tried and tested blueprint, but at the end of the financial year, it’s your business goals that will determine your level of success. So how can you ensure you aren’t setting yourself up for failure in 2017? That’s a good question. Here are a few more questions to help you along: Read more…
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Famous Brands acquires 49.9% stake in commercial catering company
Advancing the Famous Brands’ strategy outlined in 2014 to expand its business into the broader leisure and consumer product space, the Group has made its first foray into the food service leisure sector, acquiring a 49.9% stake in the award-winning commercial catering company, By Word of Mouth (Pty) Ltd. The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Limited. Read more…
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FASA’s Franchise Survey confirms the tenacity of the sector
The Franchise Association of South Africa (FASA)’s fourth independent survey, sponsored by Sanlam, undertaken among franchisors in order to assess the contribution by the franchise sector to the South African economy in terms of GDP, shows a business sector that continues to grow despite challenging economic conditions. Read more…
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Fournews invests in Calisto’s
The Fournews Group has acquired what it calls ‘a significant share’ in Calisto’s Portuguese Restaurant and Senhor Calisto’s fast-food outlets. The Fournews Group – the company behind well-known brands such as News Cafe, Moyo, Brooklyn Brothers and Krispy Kreme – has acquired a significant share in the local chain of Calisto’s Portuguese Restaurant and Senhor Calisto’s fast-food outlets. Read more…
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Jamie’s Italian comes to South Africa
Jamie Oliver’s signature restaurant chain, Jamie’s Italian, is coming to South Africa. The first restaurant will open in Melrose Arch sometime in November. It was recently announced that superstar chef Jamie Oliver’s franchise, Jamie’s Italian, is making its way to South African shores. The chain was started in Oxford, England in 2008, and opened its first international store in Dubai in 2011. Read more…
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