Category: Franchise Guidelines

In today’s economy, your network isn’t optional, it’s the bridge between your business and your next opportunity. When people hear the word networking, they think of awkward events and small talk. But real networking, rooted in referrals, is one of the most powerful growth engines in business. Romany ThresherRomany Thresher is a strategic thinker and systems organizer who helps businesses streamline their digital operations, especially around online events and customer engagement. She supports you in setting up and managing your online platforms — making sure you collect the right information to better understand your audience and improve their experience. Whether it’s …

“You know there is a problem when the magician starts to believe his own bullshit.” People are behaving differently to a few years ago – from Pre-Covid to Post-Covid. Convenience is now at a premium; we see that in the rise of the convenience centres and the decline of the larger malls, especially in the Metros, targeting the upper middle- and higher-income groups. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

“It’s always all about the people… Franchisees are the number one success factor in establishing and maintaining a profitable and sustainable franchise operation.” FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

FASA’s primary role is to define the business of franchising and ensure that all parties adhere to the franchise business principles adopted and accepted internationally. With franchising universally accepted as one of the most successful business formats, FASA’s role is to continually promote the advantages of franchising both to business entrepreneurs, to prospective franchisees and to the public at large. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

Greg Nathan, Australian franchise Guru of Franchise Relationships Institute, who often presented at FASA’s conferences found that successful franchisees consistently do a number of things that can be grouped into four key areas. Greg NathanNo-one understands what it takes to succeed in franchising like Greg Nathan. Greg has been a business psychologist for 40 years and is Founder of the highly respected Franchise Relationships Institute. His unique insights into how franchisees and franchisors can maximize their successes comes from his extensive research, and practical work, with over 550 franchise brands. Greg is author of several best-selling franchising books including Profitable …

James Noble, Sector Executive: Wholesale, Retail & Franchise at Absa Relationship Banking gives an overview from a banking perspective on the current franchise landscape. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

So, your idea has taken off and is wildly successful. Next step is to franchise it and make some serious money, right? Not so fast: While the franchising model can be applied to almost any industry, not all businesses are ‘franchisable’. …

If you’re thinking of becoming a franchisee, the franchise disclosure document, as legislated in The Consumer Protection Act, will provide you with important pieces of information on how much you’ll be expected to invest, whether the brand is expanding or shrinking, how high the ongoing fees will be, and whether existing franchisees are mired in litigation with the franchisor. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

Deciding on whether the franchise option is the right way for you is the age-old dilemma that faces anyone going into business for themselves. But before you even start looking at what type of franchise you would like to own and operate you need to understand the universally accepted forms of franchising, which are: FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

Is it a requirement to have business experience or have the required skills to run a particular franchise – if not will my application go to the bottom of the pile? There is no basis for this to happen although over the past decade or so franchisors have become more stringent in their selection. Most franchisors have sophisticated psychometric testing in place to assess various competencies to find that perfect fit. This is not necessarily linked to educational qualifications but rather to finding the right personality with the right skills set. Franchisors operating in specific sectors or in the professional …

To recruit franchisees may seem like a daunting task and is often the biggest challenge for franchisors. However, finding the right franchisees is crucial for network expansion. There are many methods franchisors can use to recruit franchisees, and franchise consultants Franchising Plus outline 9 effective recruitment methods on where to find franchisees. Sasha-Lee de BodFranchise Consultant Sasha-Lee De Bod’s  key strengths include project planning and management, marketing, research, analysis and creative construction/compilation of formal documents. www.franchisingplus.co.za/ …

In the dynamic world of franchising, choosing the right banking partner can make all the difference in achieving business growth and success. We at Capitec Business want to position ourselves as leaders in providing the best-tailored banking solutions specifically designed to meet the unique needs of franchisees. …

FASA’s Chairperson Maria D’Amico, Consultant Attorney at Thomson Wilks Incorporated gives us insight into the importance of using specialist franchise lawyers when setting up a new franchise concept or for franchisees buying into a franchise. Maria D'AmicoMaria D’Amico holds an LLB in Law (obtained at WITS) and has been practicing as an attorney for 33 years and working at Thomson Wilks Attorneys. Maria is an expert in commercial law, commercial litigation and franchising and her understanding of franchising law is invaluable to anyone involved in the franchising industry. Maria is also qualified as a Solicitor in England, the United Kingdom, …

Following a query by a FASA member on the requirement for the registration of new companies by franchisees, Ian Jacobsberg, Director at Fluxmans Attorneys gave these guidelines. Section 11 of the Companies Act provides the criteria for registration of the names of companies by the CIPC. Inter alia, it provides that the name of a private company must end with the words “Proprietary Limited”, or the abbreviation, “(Pty) Ltd”. In other words, the CIPC will not register a name in which anything appears after the prescribed suffix. Ian JacobsbergIan is a practicing attorney with over thirty years’ post-admission experience in …

Franchising is, without doubt, the most “public” of business formats. You recognize a franchise because it carries a strong brand, has a distribution mechanism that reaches far and wide and provides a uniform product, service and image to the public. Unlike license or distribution franchises who grant a “distribution” license that give the “right” to a product but don’t necessarily give the full-on business format, the true franchise is one that gives the right to an individual to use its trademark but also gives him/her the complete business blueprint, training in all aspects of running the business and on-going support. …

Franchising is not for everyone or the faint-hearted and there are the negatives – from whether you are suited to franchising to the controls that the franchisor imposes on your business. Although most franchisees have an element of entrepreneurship inherent in them, most are former employees, from corporate backgrounds, or are the victims of mergers or downsizing, or are on the verge of retirement. On a personal level you should ask yourself the following questions… FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

Franchising is a fantastic method of raising capital and employing dedicated, passionate and motivated management (franchisees) to grow a business concept quickly and effectively. When implemented correctly a good franchise results in a win-win situation as it also reduces the investor’s risks. However, if it was easy, every franchise would be a stunning success and sadly that is not always the case. If the original concept from which the franchise derives is successful and proven – the next step to ensure long term success to the benefit for all parties involved is the implementation of some basic principles and structures. …