Franchising

The South African franchise industry generated an estimated turnover of R587 billion in 2017 – a stark increase from 2014’s R465 billion. Research by the Franchise Association of South Africa (FASA) and Statista predicts the country’s GDP will increase by 3.7% by 2050. Franchising accounts for 13.3% of SA’s GDP,...

Franchising gives ambitious aspirant entrepreneurs and international investors an opportunity to invest in their own business with the guidance and support of a successful business enterprise. South African soil is ripe for franchisees, according to the Franchise Association of South Africa’s chairman, Tony da Fonseca. “The sector already contributes 13,3%...

The current economic climate in South Africa may be tough, but buying into a franchise still presents a lower risk of failure than launching a traditional start-up. Enter the serviced office market – one of the most exciting growth markets in the world, and what has been dubbed the next...

https://www.youtube.com/watch?v=2F0Z5jJKFHE&app=desktop Mzwayi Ndwandwe, owner of an Engen garage in Inanda in KwaZulu-Natal, discusses the importance of convenience for customers. He also shares the challenges of running a business and how he ensures smooth running of daily operations at his service station. He says staff are the engine of the business...

Mzwayi Ndwandwe, owner of an Engen garage in Inanda, KwaZulu-Natal, left the taxi business three years ago to become an Engen franchisee, and he hasn’t looked back. His Engen service station site is in such a prime spot that he has big plans to create a community hub. Currently in...

What is the biggest contributor to Spur’s success? Since the beginning, we’ve made an unwavering commitment to run restaurants that are operated by entrepreneurially-minded owners who put the customer first. Customer satisfaction is one of Spur Corporation’s most important value drivers, we partner with people who ensure we retain and...

Owner of Sasol Swartgoud in Johannesburg South, Letitia Visser didn’t always want to become an entrepreneur. “I started my career in the banking industry working with the stock exchange, later moved to HR, studied teaching, got married, and then moved to sales and marketing in the motor industry,” she recalls....

Before the hardware store acquired its current premises with #MakeItWithSolomonsMica plastered behind the front desk, Solomons Mica was a small shop downtown with limited parking for its customers. Today, the store boasts enough space to house various departments including a sports section, a décor department and a garden division. “Our...

Hi-Q has consistently proven themselves to be an industry leader. They've been voted South Africa's No.1 tyre retailer for eight consecutive years. Here's why you should join them:

If you’re looking to invest in a business venture that offers you years of experience in the industry, the trust and loyalty of its customers, and franchise support from an expert team – then Hi-Q is the one for you.

Here are my top 5 tools that can help control and regulate franchisees marketing with minimum friction.

Below are 5 tips to ensure that your franchise agreement complies with the CPA.

FNB Business remain committed to helping grow this very important sector and are well positioned to provide solutions supporting franchising as it evolves with these themes.

The President’s recent Job Summit highlighted the critical need to reduce unemployment. The franchise sector employs 369 573 people, 93 percent employed by individual franchisees rather than franchisors.

Ubuntu is a treasured part of South Africa’s heritage – but it could be better applied in parts of the country’s business sector, believes Richard Mukheibir, CEO of Cash Converters.

Why property franchising makes good business sense in today’s market.

There is a golden key that reveals the secret of whether your business will survive and thrive. It is keeping tabs on the figures that summarise the strength of your business – your monthly management accounts.

Spring is on the way and Cash Converters is celebrating the season of renewal with a bigger than ever Spring Clean Sale – and this year it gives you two very different opportunities to cash in.

Cash Converters took a hard look at their product offering and realised that dealing in second-hand jewellery should become a major part of their product offering given the fact that the vintage trend really took root in the SA market.

Riaan Fouche, the Chief Operations Officer of Franchising at FNB Business, shares four phases of the franchising relationship dynamic as per the renowned Franchise Relationship Expert, Greg Nathan.