Can franchising in South Africa keep up with global growth
The Franchise Association of South Africa (FASA) held its 46th Annual General Meeting as the representative association that has overseen the remarkable growth of franchising over more than four decades contributing exponentially to the South African economy. According to FASA’s 2023/24 Franchise Survey that covered the three years of Covid-19, this sector that spans around fourteen different business sectors, showed remarkable resilience in weathering those turbulent years, with the 727 franchise systems and its 68 463 franchisees contributing 15% to the country’s GDP and employing in the region of 500 000 people. …
FASA Networking Events
Events are organised by the Franchise Association, giving people an opportunity to connect on common ground. The objective is not only to grow your network but to inspire you with information that can be helpful to you. Whether it’s virtual or in person, FASA organises these events to keep its members up to date with franchise developments and more importantly to offer platforms for mutual networking. …
AGM report from Maria D’Amico, FASA Chair
Founded in 1979, the Franchise Association of South Africa (FASA), has been dedicated to promoting entrepreneurship through ethical franchising and good business practices. These principles remain its cornerstone today. …
2025 FASA Chairs & Board Members
As a non-profit association, FASA continues to represent franchising in South Africa and also serves as an example to other African countries and the rest of the world on how important it has become in its contribution to the country’s GDP. Its success relies on a board of directors that oversee the association’s work and help steer it to greater heights. …
Making a difference as a FASA Board member
Serving on the Board should be seen as a privilege and be taken seriously as Board members provide strategic direction, make decisions and oversee FASA’s financial health and well-being. This is a voluntary position that requires time and commitment. By joining the Board of FASA as a Director, the member becomes part of a group of individuals that represent member companies and jointly oversee the activities of FASA. FASA looks for members who are enthusiastic about FASA’s goals and can commit to attending regular meetings, attend FASA events, sharing expertise, and helping FASA achieve its vision. …
The legal responsibilities of company directors
To some becoming ‘directors’ is a career achievement but often is not taken with the gravitas that it should. To some people, sitting on a company board as a director is often viewed as a golden ticket to picking up a large remuneration without doing too much work and more importantly not understanding the duties and responsibilities attached to that ‘directorship’. …
The nominees standing to serve for 2025 – 2027
As FASA prepares for its Annual General Meeting to be held on the 7th March, we profile those members who have put themselves forward to fill the three openings for the FASA Board for the period 2025 to 2027 and given an overview of the importance of board members’ responsibilities in running the association. If you are a member of FASA, we suggest you get to know the nominees, their backgrounds and reasons for wanting to serve, then make sure you attend the AGM, vote and be involved. Click on the link to attend this important event. …
Business VS Franchise Transfer: What happens to Employee Contracts?
Section 197 of the Labour Relations Act, 66 of 1995 (LRA) provides that “if a transfer of a business takes place, … the [new owner of the business] is automatically substituted in the place of the [previous owner] in respect of all contracts of employment in existence immediately before the date of transfer”. In the context of a franchised business, this section raises some interesting questions. The cornerstone of a franchised business is an agreement between the business owner (the franchisee) and a franchisor. …
Essential steps to building a successful franchise
So, your idea has taken off and is wildly successful. Next step is to franchise it and make some serious money, right? Not so fast: While the franchising model can be applied to almost any industry, not all businesses are ‘franchisable’. …
FASA’s role in the franchise sector
The growth of franchising in South Africa has been phenomenal over the past 46 years and this business format continues to play a leading role in fostering entrepreneurship, in small business development and in job creation. FASA recognises the need to constantly evaluate the franchise system within South Africa, and to monitor the perception of members within the markets where they operate. Information gathered is crucial in assisting the association in completing the picture franchising’s continued success in South Africa. …
FASA ready to serve its members and promote franchising
Franchising, without a doubt, will play an important role in adding to the bottom line of economic growth and FASA will continue to be at the forefront of promoting the benefits of franchising not only to business and the public at large, but more importantly to impress on government to partner with FASA to facilitate franchise growth in all areas of the economy. …
The San Hair wins Medium Business Entrepreneur of the Year® at Business Partners Limited 36th Entrepreneur of the Year® Award
Together with FASA member and Board Member Sheldon Tatchell, founder of Legends Barbershop who scooped the coveted 2024 Entrepreneur of the Year® Award, another FASA member, Nompumelelo Madubedube, director at The San Hair won the Medium Business Entrepreneur of the Year® Award at the same event. …
STEMLab – A new era for educational franchising in South Africa
STEMLab, a preliminary member of the Franchise Association of South Africa (FASA), marks an exciting step forward for this one-of-a-kind franchise. STEMLab stands out as an educational powerhouse, transforming the way children engage with learning by going beyond traditional robotics and coding programs. It is committed to nurturing the next generation of innovators, designers, and inventors. …
The hidden truths when deciding on an au pair or a trusted after-school care programme
The attraction and benefits, for parents to employ au-pairs, are many. The flexibility, the perception of customised personal attention that is easily adjustable, the familiarity of someone who is from your neighbourhood and matches your family’s ethos and status in close contact with your children, relatively cost-effective as an au pair combine both driving and care using their personal vehicles and related costs and for some quite a status symbol to have in your employ. …
Join the Board of FASA and make a difference
FASA would like to invite you to become a vital part of shaping the future of FASA! As we plan for the next two years, we are seeking dedicated members to join our Board of Directors for its 2025/2026 term and contribute to the continued growth and success of our organization. …
Legal implications in franchising
While franchising is seen as a safer way to get into business using the know-how of someone who has done the time and made the mistakes, it does come with some conditions in the form of several binding legal contracts and agreements. This is to be expected when one considers that the franchisor is, in effect, sharing his intellectual property and business success secrets with his franchisee partners. …
Sheldon Tatchell, founder of Legends Barbershop receives coveted 2024 Entrepreneur of the Year® award
Sheldon Tatchell, founder of the Legends Barber franchise, has come out a cut above the rest by winning the coveted Overall 2024 Entrepreneur of the Year award in the 36th annual Business Partners Limited Entrepreneur of the Year® awards. Following a meticulous selection process by an esteemed judging panel, he not only beat out a pool of over 600 entrants for the title, but 15 other finalists comprised of South Africa’s standout entrepreneurs too. …
Evaluating the franchise opportunity
If you’re thinking of becoming a franchisee, the franchise disclosure document, as legislated in The Consumer Protection Act, will provide you with important pieces of information on how much you’ll be expected to invest, whether the brand is expanding or shrinking, how high the ongoing fees will be, and whether existing franchisees are mired in litigation with the franchisor. …
Do Black Friday sales take away from Xmas sales?
As South Africa joins the USA and many parts of the world in the hype around Black Friday and Cyber Monday in November, are retailers not short-changing themselves by running with early specials only to then find themselves with empty tills in the weeks leading up to the festive season? …
Finding the funds to franchise
Financing options In general anyone wanting to finance a business has three basic options: Use your own money – this is by far the quickest and simplest route to take but not many people are in that fortunate position. Borrow money from others – this might be an informal loan from family or friends or a formal loan from a lending institution like a bank; or Get others to invest in your business – this means that they will own a part of your business and share in the profits and the decisions. …