Franchise Grows in a Tight Economy

  When the Franchise Association of South Africa (FASA), together with sponsor Sanlam commissioned Research IQ in 2014 to conduct a survey of the industry and track its growth, South Africa and the world had already been in a recession for five years. Despite trying socio-economic conditions, political uncertainty and tough trading conditions, the franchise … Read more

Highlights of the Franchisee Survey

TIME IN BUSINESS The results from this survey show that two in five (41%) of franchisees have been in business for more than ten years and 69% for more than five years. The average number of years in business has increased from 7,8 in 2016 to 10,3 in 2017 over the whole sample.   LOCATION … 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.” The Franchise Association of South Africa, in addition to conducting a survey on the … Read more

Transformation a Top Priority for Franchising

The Franchise Association of South Africa (FASA) believes the franchise sector, which contributes 11.6 percent to the country’s GDP and employs close to 400 000 people through its 757 franchise systems and their 35 111 franchise outlets, can play a key role in creating new businesses to grow the economy through innovative venture creations.  To this end, … Read more

Franchise Award Winners Succeed Against the Odds

The Franchise Association of South Africa’s Franchise Awards for Excellence in Franchising, sponsored by Sanlam and held this past week-end as part of their annual Franchise Business Festival, honoured those franchise brands that have bucked the negative trends to show resilience and growth in these trying times. Commenting on the finalists and winners in the … Read more

The Franchise Association of South Africa (FASA) Committed to Innovation as a 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

Networking Opportunity at the Franchise Business Festival

They say franchising is the pebble thrown in the pond that causes the ripple effect of a successful brand.  As the ripples perpetuate the popularity and demand for that brand, developers, shopping malls and leasing agents line up to include those successful retailers in their tenant mix.  But it is often start-up franchise concepts or … Read more

Franchise Association of SA Urges Members to Support Local Procurement

With the recent entry into the South African market of a large number of new franchises, particularly in the fast food sector – think queues around the block at the openings of Burger King and Starbucks, the arrival of Domino’s Pizza and Krispy Kreme and the proliferation of so many other franchises in just about … Read more

Franchising Holds it’s own Year-On-Year

 “The past few years have not been easy years to be in business – what with global political upheaval and an uncertain economic outlook. Having said that… I would rather be in business within a franchise system than be facing all these challenges on my own.”  This was how Naas Du Preez, outgoing Chairman of … Read more

Attend a Franchise Seminar to be Your Own Boss

In a sluggish economy, there is light shining at the end of one tunnel – that’s the success of franchising which, despite the odds, has held its own year-on-year in every respect – from showing long-term sustainability to showing a high level of optimism for the future.   But the proof of the viability and … Read more