JUNE 2016 NEWSLETTER

FASA.CO.ZA
0861-2 FRANCHISE

     

FASA’S NETWORKING BREAKFASTS ON THE CUTTING EDGE 
 


 
 

Every month, around 60 savvy people, made up of franchisors, franchisees and prospective franchisees, gather at Mike’s Kitchen in Bryanston to hear some of the best speakers on a diverse range of topics.  Absa’s Franchise Division is the  host and sponsor of the event and their franchise experts are on hand to meet both old and new franchise clients.
 
 

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BEST PRACTICES NOTICE: LEGAL CHALLENGES FACING FRANCHISING IN THE USA


 
 

At the International Franchise Association’s annual Legal Symposium which took place in May, some interesting legal topics were raised and some good advice given which also applies to the South African franchise scenario.
 
 
 
 

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RETAIL FRANCHISE STORE OWNER OPERATOR


 
 

Cash Crusaders, a leading group with 20 successful years as a South Africa's most successful retailer of new and used goods, is looking for an exceptional person to operate and manage a corporate store within their franchise network sector.
 
 

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HOW TO OPTIMISE ELECTRONIC PAYMENTS AND COLLECTIONS IN YOUR BUSINESS


 
 

Every business would like to only make cash sales. But sometimes you as the owner might choose to extend credit to your customers to boost sales. But extending credit means you might have to run after some customers before they actually pay you.

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COMPETITION COMMISION TO RUFFLE FEATHERS IN THE RETAIL GROCERY SECTOR


 
 

Journalist Colleen Goko, a journalist with Business Day and the Financial Mail has been following the investigations of the Competition Commission into the grocery retail sector and has looked at various areas of the enquiry which tackles contentious issues, most notably lease exclusivity at malls. It is believed that the commission has received several complaints in relation to lease exclusivity agreements, dating back to 2013.

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SPOTLIGHT ON.... FRANCHISEE OF THE YEAR AWARD WINNER 2016
 


 
 

In line with the global trend of franchising having a high success rate of around 90% and only a 10% failure rate compared to independent businesses where the failure rate can often be as high as 90%, the Franchise Association of South Africa’s recent franchisee survey showed that the business format of franchising lends itself to collaborations which is a good formula for success.

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MERCHANT CAPITAL OFFERS SME FUNDING


 
 

Merchant Capital offers a new category of SME funding called merchant cash advance to support the growth and development of South African businesses. As a pioneer in merchant cash advance in South Africa, Merchant Capital was established in 2012 as a provider of alternative sources of working capital designed specifically for SMEs and business owners.

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