The business of managing expectations in franchising

Within the franchising model, the premise goes that the business concept is one that offers entrepreneurs a sure-fire way of being successful. With its foundation firmly established on a legacy that has stood the test of time, a franchised business offers any entrepreneur the tried and tested plans and practices to make a business excel. […]

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Should family be added into the business mix?

In life, a person’s family determines a great deal of who we are. Family ties do bind us, however in most cases, these ties might not be best for business. Investing time and money into a business with people you know, or who seemingly have a great reputation and track record, may be comforting, but […]

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How to employ the best manager for your franchise

Bronwyn Oliveira, Brand Manager of Maxi’s, a franchise of nationwide family restaurants that forms part of the Taste Holdings group, stresses the importance of hiring a good manager for your franchise. Once your training has been completed and your franchise is almost up and running, you need to find the perfect manager, keeping in mind […]

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Communication: the recipe to success in business

Communication is defined as the process of transferring information and meaning between senders and receivers, using one or more written, oral, visual or electronic channels. Simply put, communication is the exchange of information between people. With such a simple definition, you would think the process is an easy one that never results in any misunderstandings. […]

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Big city franchising versus small town franchising

Bronwyn Oliveira, Brand Manager of Maxi’s, a family restaurant chain that forms part of the Taste Holdings group, gives some input on the differences between big city and small town franchising. Franchising has become an alluring business venture for many entrepreneurs, with the main attraction being a proven business model, an operational support basis, a […]

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A dozen characteristics of a great franchisee leader

Great leadership is hard to define but easily recognisable when seen in action. We can distinguish great leaders through their willingness to make a sacrifice, respond to a challenge, the excellence of a long-term game plan or how they tackle venturing into uncharted waters. Successful leaders understand that to lead a new franchise to growth […]

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Teaching the tricks of the trade in franchising

Training plays a vital role in ensuring the progression of any business. Without it, staff will not be able to reach the goals of the company, and they will also not be able to advance and achieve their own potential. Fortunately, the franchising model is one in which training plays a great role. Since new […]

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Busting common franchising myths

It is said that franchising increases a business’ success rate by 80% or more, as it is cemented on the learning and triumphs of other business pioneers, making it an ideal option for the entrepreneur looking for a smart investment. The concept of franchising is not a new one, and countless information sources are available […]

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