The 5 Basic Rules of Entrepreneurship

entrepreneurship

There is no reason why young entrepreneurs should feel discouraged from starting their own businesses. By following the five basic rules of entrepreneurship, they can make their journey to business success significantly less challenging.  This is according to Ben Bierman, a managing director at Business Partners Limited and a FASA member. “While it may be … Read more

Inaugural Intra-African Trade Fair – Cairo, Egypt

Trade show Egypt

If you are looking for a platform for sharing trade, investment and market information and opportunities in the rest of Africa then the inaugural Intra-African Trade Fair (IATF2018), which will take place at the Egypt International Exhibition Center hosted by the Government of Egypt in Cairo from 11 to 17 December 2018 is the place … Read more

Survey Shows SA Entrepreneurs are struggling

stressed-entrepreneur

Although FASA’s recent survey, sponsored by Sanlam, shows that entrepreneurs with new franchise concepts grew from 843 to 865 and opening 3 181 outlets in the past year, the entrepreneurial environment has become more difficult. Seed Academy undertook the study of more than 1,000 entrepreneurs and found that the key challenges they faced included the … Read more

Training funds and franchisee start up funds for members

Join FASA in their job creation and empowerment project – training funds and franchisee start up funds for members In the face of increased unemployment to 28.2 percent, FASA’s recent franchise surveys, sponsored by Sanlam, shows that the franchise sector is playing its part with an increase in the total number of people employed in the … Read more

9 Year old A+ Student takes 2nd place at the junior mental calculation world championships in Germany

Against stiff international competition, education franchise, A+Students learner Stiaan Scheepers who is only 9 years old achieved a 2nd place at the Junior Mental Calculation World Championship which took place in Bielefeld, Germany on Monday 24th September 2018. Chairlady and founder of A+Students was the first to congratulate Stiaan on his momentous achievement only minutes … Read more

Calling all Franchisees

The success of franchising is largely due to the handful of franchisors, who, almost forty years ago, got together to formalise the business format of franchising along international ethical standards and laid the foundation for what is today the Franchise Association of South Africa. Today the franchise sector boasts around 865 business systems, 45 011 … Read more

2018 Sanlam Survey Result highlights for Franchisors

franchisor

According to FASA Chairman and MD of the OBC Group, Tony Da Fonseca, “it’s been a tough trading season for most if not all industries so it is reassuring to see that our sector is weathering this tough economy better than most. The increase in GDP contribution is encouraging but has to be viewed against … Read more

Franchisee Satisfaction in the Franchise Industry – Survey Results

franchisee satisfaction

Sanlam, the sponsor of the FASA Franchise Surveys, Jannie Rossouw, Head of Sanlam Business Market says: “Successful business ownership is critical to the South African economy and franchising is a massive contributor. As sponsor of the annual FASA franchise survey, we are passionate about helping business people succeed on every level and we believe the … Read more

Franchise Survey Reflects both the challenges and the resilience of the sector

fasa-franchise-survey-2018-fb

In our volatile environment that throws socio, economic and political curve balls on an almost daily basis, the Franchise Association of South Africa’s latest franchise survey, sponsored by Sanlam, shows that, of all the business formats and across all sectors, franchising, through its unique business format, continues to show growth and resilience despite challenging conditions … Read more

Is Online Delivery Helping to Sustain South Africa’s Fast Food Industry?

Whether it’s a weekend temptation or a mid-week emergency dinner, fast food has been the convenient choice for most South Africans, with the industry enjoying robust growth over the past 10 years. However, for the first time in many years, the income from fast food and take-away outlets have declined substantially during the first half … Read more