Category: Franchising

The Franchise Association of South Africa (FASA) held its 46th Annual General Meeting as the representative association that has overseen the remarkable growth of franchising over more than four decades contributing exponentially to the South African economy. According to FASA’s 2023/24 Franchise Survey that covered the three years of Covid-19, this sector that spans around fourteen different business sectors, showed remarkable resilience in weathering those turbulent years, with the 727 franchise systems and its 68 463 franchisees contributing 15% to the country’s GDP and employing in the region of 500 000 people. FASA Franchise Association South AfricaTo protect, lobby, promote …

Ayabulela Njingolo – Accountant & Business Developer – OBC Group Franchising has long been recognized as a gateway to entrepreneurship, providing a unique opportunity for individuals from diverse backgrounds to venture into business ownership with a structured support system. In this day and age, where economic inclusion and transformation has become a mandate proposed by the South African government, franchising offers a proven model for success, enabling industry participants and interested investors to take their first steps with confidence and guidance, in becoming entrepreneurs. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in …

While franchising is seen as a safer way to get into business using the know-how of someone who has done the time and made the mistakes, it does come with some conditions in the form of several binding legal contracts and agreements. This is to be expected when one considers that the franchisor is, in effect, sharing his intellectual property and business success secrets with his franchisee partners. 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 …

Watching the 132 golfers at FASA’s Golf day proudly representing their brands whilst networking with other brands, some of them rivals, it struck me that there is something magical about franchising and that it is indeed a family of extraordinary business people. The X factor is what separates the extraordinary from the ordinary. Franchising is unique in the world – a business format that has revolutionized small business – allowing anyone, from any background, to be part of a bigger business and an established brand. We look at what makes up the “X” factor in franchising FASA Franchise Association South …

They say it’s like belonging to your favourite club. You’re there because you choose to be there; you are in the company of like-minded people; you all work towards a common goal; you have others watching your back and you can pool resources to get optimum results. 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 …

On the eve of South Africa’s elections franchise stalwart Eric Parker was the guest speaker on FASA’s monthly networking event reflecting on the past and looking ahead to the future of franchising in South Africa. 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 …

South Africa stands out as the only country in Africa that embraced the franchising model way back in the 1960’s and built it into the formidable business sector that has created close to 800 business brands operating through over 68 000 outlets. 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 …

As a unique business system that relies on duplication of a concept, a brand, products and services through an ever-growing network of franchisees across fourteen different business sectors, getting an overview of how those franchises handled the strains and stresses of the past four years is invaluable. No other industry or sector has such diversity of business segments within its operating spectrum. Franchising represents businesses ranging from retail to real estate; from fast food to restaurants; from automotive products & services to building, office and home services; from education & training to health & beauty; from business-to-business to personal & …

In FASA’s almost 45 year history, the concern of the Board made up of franchisors that have the best interests of the sector at heart, has been to nurture the entrepreneurial spirit that is at the heart every franchisor and franchisee and to ensure that this phenomenal business system continues to enrich whilst contributing to job creation and to the economy of South Africa. 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 …