Category: FASA News

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. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

Despite the on-going recession that is impacting heavily on small businesses, the franchise sector continues to be resilient and franchising globally has fared far better than independently owned businesses – largely due to the strong business format and support system inherent in franchising. Franchising has proved, time and again to be a much lower risk investment than starting a new business, thanks to the business format that is founded on the power of the collective. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

Eric Parker, one of the founding members of the Franchise Association of South Africa (FASA), together Giuli Osso, FASA’s long serving PR consultant, decided to honour Shereen Davids at the prize giving of FASA’s Golf Day as she celebrated over twenty eight years in the employ of the association. An appeal to members of the association was done to collect funds which were then presented to her with a long-service certificate acknowledging her unwavering dedication to FASA and its members. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific …

Statistics South Africa on Tuesday 13 August 2024, published a Quarterly Labour Force Survey (QLFS) for Q2 of 2024. The survey shows a 33, 5 % increase in unemployment compared to 32.9 % experienced in Q1. Employment decreased by 92 000 in the second quarter of 2024, following an increase of 22 000 in the first quarter of 2024. The number of employed persons increased from 14,1M in Q2:2020 (COVID inception) to 16,7M in Q2:2024. Further comparison to Q1 of 2024 indicates that the expanded unemployment rate in Q2 of 2024 increased by 0, 7 of a percentage point to …

Entrepreneurs know that working for themselves and being your own boss is one of the best and most rewarding sensations and freedoms. It gives you control over your business success and with the guidance of a franchise support system at your disposal, makes entrepreneurship much more attainable. …

Franchising in South Africa is under-utilized and is not given enough credit for the role it plays in the economy, in stimulating entrepreneurship, in establishing small businesses that make up the backbone of the economy and above all in job creation. The Franchise Association of South Africa (FASA) believes that government is overlooking a vital sector that can help curb the alarming rise in joblessness. FASA, which has represented the interests and growth of franchising in South Africa for the past 45 years in South Africa, continues to appeal to government to consider the important role that this unique business …

FASA has been the guiding force of franchising in South Africa for 45 years and the growth and stability of the sector is largely thanks to the work that FASA has done over the years to promote ethical franchising. The 2023 Franchise Survey showed that those that chose to be members understood the need to belong to an association that aims to develop and safeguard the business environment for ethical franchising based on international best practices. Some of the outcomes of the survey include: FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in …

A major part of FASA’s work is to liaise with government and expand on the important role that the franchise sector plays in entrepreneurship, skills transfer and job creation. Fred Makgato, FASA’s CEO’s primary mandate is to manage the relationships with the various entities in government for the mutual benefit of both and outlines his engagements and FASA’s ultimate vision for future growth. “FASA took the decision to identify the relevant departments that could drive franchising as a preferred business model for economic development and recovery. The Department of Small Business Development was chosen as its mandate is to develop …

At FASA’s 45th AGM on the 29th February, Maria D’Amico, the chairperson of the Franchising Association of South Africa, (FASA) shared the highlights and challenges that this non-profit organization faced during the past year and her vision for this year. “Since its inception in 1979, FASA has had ethical franchising as its mission and core value. Moreover, it has become the vehicle for the networking and promotion of franchising to businesses and the public; all this aligning itself with socio-economic, legal and political changes. It is with these unwavering objectives in mind that FASA continued to work steadfastly throughout the …

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. As the association is made up of franchisors, franchisees and service providers, board members are chosen from across the board to reflect the various sectors that make up the franchise pie – from the experienced and established franchisors to …

The 2024 Franchise Manual, the official annual directory for the Franchise Association of South Africa (FASA) is now on sale – either as a glossy 208-page print version or as a downloadable attachment – and serves as both an information and buying guide to owning your own business. This year’s manual not only features all FASA’s members and their profiles but also dissects the two franchise surveys that were conducted in 2023 – one on the state of franchising, the other a satisfaction survey of its franchisees. If you are considering going into business but are wary given the hardships …

FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

As we wind down the year 2023, we look back at, on the one hand, a tumultuous year of all-time high load-shedding and economic uncertainty – and on the other hand a year where FASA and franchising, through the results of their survey, have shown the strength of their business tenacity to be able to overcome even the most daunting of challenges. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

How Covid Restrictions Affected the Franchise Sector “One thing we learned during Covid was that you are in the business of building entrepreneurs so you have to adapt to ensure you can keep stores open. One of the biggest challenges during Covid was having 70 staff and law-keepers coming in wanting to close us down as we could only have 50 people in the store.” Tony da Fonseca, MD of the OBC Group FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

“I’m in the business of politics and policies and you are in the politics of business and this is why we must work together. As businesses, you must come on board and advise us.” Stella Ndabeni-Abrahams, Minister of Small Business Development. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

As FASA prepares to launch its Franchise Surveys at their conference on Thursday 26th October, it does so with the backing of another key survey – that of the Mastercard Eastern Europe, Middle East and Africa (EEMEA) SME Confidence Index that shows that small businesses are indeed the backbone of any economy and they have the resilience to withstand enormous external and internal pressures. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …

The Franchise Association of South Africa (FASA) has noted with interest the final report by the Competition Commission on the Online Intermediation Platforms Market Inquiry (OIPMI) which was launched after it suspected some online platforms were restricting competition specifically in relation to small and medium enterprises, as well as historically disadvantaged people who competed in these markets. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …