How to Navigate the New Retail Environment

Retail at the best of times is a stressful environment, always having to be one step ahead of the competition.  But to survive under the added pressures of a low growth economy, negative consumer credit growth, on-line sales and consumers with less money in their pockets is a challenge and needs out-of-the-box thinking. With on-line … Read more

Franchisees Flourish within the Support System of Franchising

In today’s difficult trading environment starting a business or even a franchise does not guarantee success but as one franchisee put it, “I would rather be in business within a franchise system than be facing all these challenges on my own.”  That is what 80% of franchisees surveyed felt about their businesses and would recommend … Read more

Women Make Great Franchisees

Franchising holds a special attraction for women in that it provides the necessary safety net that a normal start-up business does not provide and women are particularly good at working within a system. Women entrepreneurs are opting for franchise options where they can work from home as they often have to fill additional roles such … Read more

Franchising Contributing to Job Creation

There is no question that, to grow sufficiently to ensure job growth, entrepreneurs need to create new businesses which in turn will employ more people.  This is easier said than done, as former finance minister, Nhlanlha Nene inferred at the opening of Cash Converters new store in Sanridge Square in Midrand.  “Jobs are not created … Read more

Consumer Shopping Trends Reshaping the Retail World

Franchise brands, whether in fast food, retail or in services, are amongst the most visible in the world and have become household names because of their visibility – be it in shopping malls, high streets, strip malls, in industrial areas or in home bases.  FASA’s recent survey shows that fifty-nine percent of franchisors have business … Read more

Franchising in Nigeria with FASA

It is widely known that Nigeria is a vast country with a large population. What appears to be less well understood is the FACT that Nigeria offers incredible business opportunities. Need proof? Yes, the country has its problems but, given the current political and economic upheavals playing out across the globe, which country hasn’t?  By … Read more

Franchising Doing Great Things in a Tight Economy

That was how Tony Da Fonseca, FASA’s Chairman described the franchise sector’s performance following the release of the association’s annual survey on franchising. Despite trying socio-economic conditions, political uncertainty and tough trading conditions, the franchise sector has held its own over the past four years growing its contribution to the country GDP from 9.7% in … Read more

Who’s the Happiest of them All

One would think that, with food inflation set to average 6.9% this year, down from 10.8% from last year (according to Standard Bank economists’ Consumer Trends: SA Consumer Chart Book Q4:16 – Q1:17) and with purse strings stretch to the maximum, consumers would be unhappy with what supermarkets have to offer.   But, according to … Read more

Innovation the way to Tackle Unemployment and Create Jobs

Reacting to the Statistician-General of Statistics SA Quarterly Labour Force Survey that shows unemployment rising to a 14-year high with 27.1% of the population without a job, the Franchise Association of South Africa (FASA) believes the franchise sector, which contributes 11.6 percent to the country’s GDP and employs over 400 000 people through its 757 franchise … Read more

How to Franchise your Business Seminar

If you see yourself owning the next big franchise brand and have that unique concept then you must attend the seminar on How to Franchise your Business on the 30th June – conducted by franchise specialists Franchise Directions.  Visit www.fasa.co.za or email  enquiries@franchize.co.za for more details.