Franchising in South Africa is well developed with over 550 franchised brands and close to 30,000 franchised outlets.
Read why franchising is an attractive career change option in today's climate.
A franchise is an agreement or license entered into by two parties, namely the franchisor and the franchisee.
Follow our step by step guide on how to become a franchisee
There is no such thing as the best franchise. Instead the question should be "what's the best franchise for me?"
Franchising can be a minefield of information and opportunities. Identify how to find the right franchise for you
One reason for franchising's success is its versatility. Not only can this concept be adapted to serve optimally as the distribution channel for various industry sectors but it can also accommodate various expansion models.
If you are set on working for yourself in business but are not sure whether you should attempt it on your own or invest in a franchise, you should weigh up all the pros and cons.
Franchising also has drawbacks and it is important that you understand them fully before you enter into any binding commitment.
Franchising isn't for everybody as it involves a particular mind-set and attitude, and with so many different franchise companies on the market how do you choose the right franchise to invest into?
You may have heard it said that when you are about to start a business of your own, a franchise is a safer option. Indeed, it is, but this does not mean that you should walk into such a deal with blinkers on.
It is important that you carefully evaluate the franchise you are interested in. Getting it wrong can lead to failure in the future.
You may have found the ideal franchise for you, but is it ideal for your market?
A true story about the tell tale signs of a bad franchise
It is vital that you fully research the franchise business and know it inside and out
All franchises have different offerings though there are some common elements you should expect to be included in the franchise package.
How and when to negotiate with the franchisor
Not all franchises are established. Buying a franchise from a new franchise concept does not necessarily mean that it is risky.
Understand what it takes to be a happy and successful franchisee
To get the most out of attending a franchise expo, you need to go prepared. You need to know what the purpose of your visit is and what you want to achieve
Making an investment in a franchise can be a complex process. To simplify it for you as far as possible we have compiled an extensive list of terms that are commonly used in franchising, complete with their definitions.
The operations and procedures manual is the heart of a franchised business and compliance with it will ensure happy customers and successful franchisees — yet many franchisees ignore the manual. Why?
Recently, the practises surrounding upfront fees paid by franchisees and the franchisorâ€™s entitlement in this regard were in the news. This article features some of the best practices on paying upfront fees