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. |
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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 |
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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.
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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
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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…
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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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