Tag: south africa stats

Although FASA’s recent survey, sponsored by Sanlam, shows that entrepreneurs with new franchise concepts grew from 843 to 865 and opening 3 181 outlets in the past year, the entrepreneurial environment has become more difficult. Seed Academy undertook the study of more than 1,000 entrepreneurs and found that the key challenges they faced included the inability to raise funds, finding customers, wearing too many hats followed by lack of guidance, slow sales, customers paying late and the unpredictability of business conditions across the country. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in …