It is a known fact that when the world economy undergoes changes – either positive or negative - franchising is the first to act on these changes. It is the one business sector with its ear to the ground, able to pick up shifting consumer trends and is also the one best suited, through the unique franchise format, to effectively make the changes to stay in the game, change the game or start a new trend.
With franchising holding its own in the current economic climate, and with a failure rate of under 10% compared to the over 95% failure in first time independent businesses, people wanting to start a business should look no further than the franchise sector for business opportunities. South Africa, with its over 500 franchise systems covering 17 business sectors – ranging from automotive to education, from food to retail – continues to be the most successful business format in the world and buying a franchise should be your first choice.
FASA has put together a programme of workshops to help both potential franchisees evaluate the franchise opportunity and prospective franchisors in setting up ethical and successful franchise businesses. Presented by some of the most respected and experienced professionals in the franchise industry, the workshops will set you on the road to franchise success.