Franchise versus Independent Business

It is a global phenomenon that franchise businesses are more successful than independent ventures with a historical success rate of 90% and a failure rate of only 10%. The opposite is true for independent businesses as they struggle more to establish themselves, get their concepts off the ground and grow to profitability. If you are reading this newsletter and are contemplating starting a business we do a comparison below which highlights the support structures that are inherent in franchising. We also encourage you to attend the FASA Franchise Conference on the 26th October in Johannesburg to get the low-down on franchising in South Africa before embarking on your business journey.