Should I Buy Into A Franchise? Weighing The Pros And Cons.
SA Franchise Brands
by Chris Viljoen
3w ago
Should I Buy Into A Franchise? Weighing The Pros And Cons. When it comes to stepping into the business world, buying into a franchise can be a tempting option. It offers a blend of entrepreneurship paired with the security of a known brand. Buying into a franchise can be particularly appealing to an entrepreneur ready to venture into business due to several compelling benefits. Franchises come with an established brand and customer base, significantly reducing the marketing efforts and uncertainties typically associated with launching a new business. This can be a huge advantage in ..read more
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Restaurant Franchises Sizzle Under Pressure, But Remain Resilient.
SA Franchise Brands
by Chris Viljoen
3w ago
Restaurant Franchises Sizzle Under Pressure, But Remain Resilient. In South Africa there are around 85,000 restaurants, many of which are within the 850 franchise systems in the fast food and restaurant sector, a market that’s expected to reach an estimated $4,9bn by 2026. But the sector has not been without its problems: The Covid-19 pandemic saw approximately 3,000 establishments close their doors for good, and persistent power and water outages have had a significant impact too. Karen Keylock, national retail services manager at Nedbank Commercial Banking says that, although most franchis ..read more
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The Cornerstone Of Franchise Success Is Being A Hands-on Operator.
SA Franchise Brands
by Chris Viljoen
3w ago
The Cornerstone Of Franchise Success Is Being A Hands-on Operator. As a franchisee, active involvement in your franchise is not just beneficial but essential for maximising growth and profitability. Here are several compelling reasons why being hands-on can make a significant difference in your franchise journey: Deep Understanding of Operations When you are actively involved in the day-to-day operations, you gain an in-depth understanding of how every aspect of your business works. This firsthand experience is invaluable for identifying inefficiencies, implementing improvements, and ensuri ..read more
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The Power Of Franchising … To Introduce New Franchise Concepts To Market.
SA Franchise Brands
by Chris Viljoen
2M ago
The Power Of Franchising … To Introduce New Franchise Concepts To Market. 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 automot ..read more
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How To Launch A Franchise And Get Noticed.
SA Franchise Brands
by Chris Viljoen
2M ago
How To Launch A Franchise And Get Noticed. When it’s time to launch a franchise, you need to make sure all eyes are on you. But if you’re not sure what are the best franchise launch tactics, it can feel like a pretty daunting task. We’ve come up with some easy ways to get your business noticed, no matter what’s going on in the world. Finally, the day has come to launch a franchise in your community. Not just any franchise either – you’re finally realising your dream of running your very own franchise. All your training, recruiting and sleepless nights have been leading up to this day and you ..read more
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Is Your Business Ready To Franchise?
SA Franchise Brands
by Chris Viljoen
2M ago
Is Your Business Ready To Franchise? As  a successful business owner, the thought of franchising your business has probably crossed your mind several times. Building and expanding your brand into new territories and possibly even internationally sometimes seems like a pipe dream and will unfortunately remain so for many and the dream will die. However, by answering these twelve questions, see if your business passes the acid test for you to realise your franchise dream. Is the Market Large and Growing? It is imperative that your business operates in a market with sufficient demand to su ..read more
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The Franchisee’s Path To Success: Mastering The Top Qualities Of A Franchisee
SA Franchise Brands
by Chris Viljoen
3M ago
The Franchisee’s Path To Success: Mastering The Top Qualities Of A Franchisee DO YOU WANT TO KNOW THE KEY FACTORS CONTRIBUTING TO A FRANCHISEE’S SUCCESS? WE HAVE ANALYSED THE QUALITIES OF A FRANCHISE TO HELP YOU ACHIEVE YOUR DREAMS. Let’s look at what are the essential qualities you need to own a franchise.   Passion and Commitment  Passion fuels success in any endeavour and the world of franchising is no exception. Successful franchisees exhibit unwavering dedication and enthusiasm for their chosen industry and brand. They value having a positive work environment. They ..read more
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Should You Buy A Franchise Instead Of Starting Your Own Business?
SA Franchise Brands
by Chris Viljoen
3M ago
Should You Buy A Franchise Instead Of Starting Your Own Business?   The dream of being your own boss and building a business from the ground up is within reach for a vast number of entrepreneurs. Yet, the aspiring business owner faces a critical decision: to start from scratch or buy into a franchise? This decision hinges on a multitude of factors and requires careful consideration. Let’s explore the pros and cons of purchasing a franchise to help you gauge if it’s the best path for your entrepreneurial journey. Pros of Buying a Franchise Established brand and reputation Upon purc ..read more
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Why Local Marketing is a Franchisee’s Secret Weapon.
SA Franchise Brands
by Chris Viljoen
3M ago
A Guide for Franchisors: Do’s and Don’ts in Franchisee Recruitment So, you’re thinking about expanding your business through franchising? Before you dive headfirst into the world of franchisee recruitment, there are a few things you should know. Building a successful franchise network isn’t just about finding anyone willing to invest—it’s about finding the right partners who share your vision and values. So, let’s talk about the do’s and don’ts of franchisee recruitment. The Do’s: Define Your Ideal Candidate: Before you start looking for franchisees, take some time to clearly define what you ..read more
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The Power Of Franchising In De-Risking South Africa’s Tourism Businesses.
SA Franchise Brands
by Chris Viljoen
4M ago
The Power Of Franchising In De-Risking South Africa’s Tourism Businesses.     Franchising has emerged as a widely embraced business model on a global scale, providing entrepreneurs the chance to independently own and manage businesses while benefiting from the backing of a well-established brand. South Africa is experiencing an increasing attraction to franchising within the tourism sector.   Source: tirachardz via Freepik De-risking tourism business ventures The franchise model provides a structured and proven business framework and often offers a more reliable path to s ..read more
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