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FASA NEWSLETTER - AUGUST 2006

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Annual Fasa Awards for Excellence in Franchising

A reminder to enter the FASA Awards for 2006. With five categories to enter – Franchisor of the Year, Franchisee of the Year, Newcomer of the Year, Franchisor: Leading Developer of Emerging Entrepreneurs and Brand Builder of the Year – there is a category that suits every FASA member, big or small. The closing date for entries is the 31st August 2006.

Click here to read more about the sponsors and booking your table for this prestigious event.

Dates to Diarise

The European Franchise Federation and the International Franchise Association invite you to attend our “International Symposium on Franchising”, October 24-25th, 2006 in Brussels, Belgium. The conference focuses on the potential of franchising as a means of growing a business internationally and brings together the experience of the franchise community from Europe and the USA, Canada and Australia in a 2-day conference in which the focus is on those who practice franchising. For further information contact Carol Chopra Executive Director, European Franchise Federation. www.eff-franchise.com / email info@eff-franchise.com

Regional Awards for Franchisee of the Year

If you want an added incentive to your own national franchisee awards or would like to nominate one of your franchisees for Franchisee of the Year, don’t forget to enter the Regional Franchisee of the Year awards – winners in the 4 regions (Western Cape, Eastern Cape, Kwa-Zulu Natal and Gauteng) will be brought up to Johannesburg for the FASA Awards. Send us a list of your franchisees in Kwa-Zulu Natal, Gauteng Eastern Cape and Western Cape and we will send them an invitation to attend the Regional Award Banquets in those areas. Email your lists to giuli@gocomms.co.za

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POSITION AVAILABLE

Talisman Franchise Operations, the franchisor for the national Talisman Plant & Tool Hire franchise network, urgently seeks the services of an experienced and dynamic Field Consultant to head their Franchise Support-division.

More information can be obtained from Louis van Vuuren at:

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An Opportunity to Present at the IFA Convention in February 2007

The World Franchise Council, of which FASA is a member, decided at their meeting in Tokyo in March to include an International Summit to the IFA’s Convention Programme to be held at Caesars Palace, Las Vegas, USA from the 24 – 27th February 2007. In order for the programme to reflect international reality and the experience of various markets, the organizers are looking for a fair representation of WFC members’ representatives (preferably franchisor members of national associations) to present on a variety of subjects founded on real experience of international franchising. The programme is divided into a “Beginner’s Track” (for those franchises which are only starting to go international), an “Advanced Track” (for franchises with international experience) and other concurrent sessions. Should you wish to be part of this initiative and present at this prestigious international event, contact Vera Valasis at FASA on (011) 615-0359 or email vera.valasis@fasa.co.za for more details. Submissions must be in by 11 August 2006. FASA members have shown an interest in getting together a group to visit the IFA Convention in February 2007.

 

Multiserv Launches Container Concept

Multiserv, South Africa’s 37 year-old leader in the shoe repair and key cutting industry has launched a new franchise option in the form of a container, which makes owning a business more viable and easily accessible for many budding entrepreneurs. Their first container was opened in Diepsloot in June, opening the door for more people to start their own profitable businesses because of its low set-up cost and manageability. The Multiserv Container goes where one wants it to go, from parking lots to the most remote rural areas and as such provides convenience and service provision for customers as well as employment opportunities and increased income for the community. Franchisees will more than likely come from within the communities that they operate in and therefore the container and Multiserv brand will be easily intergrated into these communities. The Multiserv brand currently has 155 franchised outlets countrywide and with this great new addition should grow in leaps and bounds over the next few years.

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Government Still To Finalise Bee Codes of Good Practice

The Franchising Sector is just one of the many sectors which have had to put their BEE guidelines on hold until the Government finalises their broad-based BEE Codes of Good Practice. The delay, which followed the release of the 2nd phase of the Codes of Good Practice on BEE in December 2005, was due to over 180 submissions from various sectors – including big business, black business, government and state-owned enterprises. As a result, the dti has embarked on extensive research into issues of concern. Whilst the key principles embedded in the Codes of Good Practice for BEE remain unchanged, several changes relating to the number of indicators to the scorecard and looking at simplifying and creating a special dispensation for small and micro enterprises is being considered.

To read the full DTI press release click here


 

Scooters Expands Through IDC Loan

Following other franchisors, such as Butterfield and Hot Dog Café, Taste Holdings, which owns fast food chain Scooters Pizza and Maxi’s, is working closely with the Industrial Development Corporation to expand its black franchisee base. It has acquired funding of R21,5 million from the Industrial Development Corporation, of which 75% will be used to fund black franchisees, with the balance used for other eacquisitions. The funding from the IDC was negotiated at prime minus 5%.

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International News…

CCafrica Presentation to the Canadian Senate Committee on Foreign Affairs

Canada’s interest in investing in Africa is growing and on the 7th June the Canadian Council on Africa (CCAfrica) was invited by the Senate Committee on Foreign Affairs to give a presentation on the economic development in Africa and the potential that exists in doing business in Africa. The 10 Senators felt the presentation by the Canadian Council on Africa with the assistance of Perry Maisoneuve of Northern Lights, whom we in South Africa know due to his involvement with the research on Franchising in Africa that he did for the African Development Bank, gave them a better perspective of Africa and the role that the Canadian private and public sector can play in stimulating business between Canada and African countries.

Click here to read the full report


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US Economy Expanding Despite Woes

Whilst everyone focuses on the industries doing badly, such as the car sector or real estate, it’s in the diverse areas such as health care, government and restaurants that the greatest growth has been felt. Restaurants, for example, have added 230 000 new jobs, the health sector almost 300,000. All agree, though, that the US’s economy and as a result that of the rest of the world, will slow down with oil prices and the Iraq war playing a major role in how things pan out for the future.

According to a report in the New York Times, despite increases in the gas price, in mortgage rates, with house prices slipping and the US automobile market showing no signs of recovery and ordinary US workers with paychecks that over the past four years hasn’t kept up with inflation, the US economy continues to forge ahead with a growth rate of 50% for the first quarter of 2006, the biggest increase since 2003.

 

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