How Coastal Hire has dealt with the Covid pandemic

Coastal Hire is a leading franchise in the rental of equipment to the construction industry, bakkie builders and the DIY market. With over 100 franchise stores trading in eight countries throughout Southern Africa, it is a well-established franchise that has been around for over 25 years and the average franchisee has been with the brand for over eleven years.

The franchise operates a different support system to most traditional franchises in that different support specialists deal with franchisees in different areas such as operations, finance, tax, business planning, technical, computer and social media support. This was normally done via store visits, regional quarterly meetings and annual conferences. Golf days were also extremely popular and hosted many of those all over the country every year.

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Cash Crusaders opening of six new stores

cash crusaders

Leading second hand, quality new goods and secure loans retailer, Cash Crusaders announce six new store openings across the country.

Cash Crusaders opened two of its new stores in September – Edendale in KwaZulu-Natal and Tramshed in Gauteng and plans to open two additional stores in Gauteng (in Moruleng and Elardus Park), one in Ballito, KwaZulu Natal and another in Sonieke in the Western Cape.

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Prepare for the franchise resurgence

When it comes to picking up the pieces from the devastation that has been 2020 and the coronavirus, the franchise sector is leading the way in its recovery. Globally, we are seeing the determination of both franchisors and franchisees to overcome the challenges and forge ahead with revival plans.

Mark Siebert, author of The Franchisee Handbook, predicts that a franchise resurgence is on its way. Paul Stevens, CEO of Just Property, agrees. These are his thoughts on why franchise sales are likely to surge in the years to come and how to prepare. Read More

Africa relevant and Africa ready

The importance of a multi-faceted franchise model proves more pertinent now than ever before. In a review of the numbers since lockdown Level 5 lifted, Cash Crusaders has celebrated the resurgence of positive Gross Profit results north of 15% Year-on-Year (YoY) in the short time the stores have been able to trade.

But how, when a socio-economic environment tells another story?

“These encouraging results stand testament the way the business has been designed across 3 profit centres with the insistent objective for our business to meet the needs of a community,” says Sean Stegmann, CEO of Cash Crusaders Franchising and panelist for 702’s Franchising for Future Success webinar, powered by Cash Crusaders that included industry experts and FASA representatives. Read More

BeztForex – the only banking franchise of its kind in SA

banking franchise

As the only foreign exchange and banking franchise in the country and accredited by the Franchise Association of South Africa, BeztForex is a foreign exchange, banking and investments intermediary business in South Africa, accredited by Sasfin Bank and Mercantile Bank. It is also an Authorized Financial Services Provider – FSP 44383 with the Financial Services Conduct Authority (FSCA) and also authorized by the South African Reserve Bank to operate as a foreign exchange intermediary company. Read More

KFC launches hack-a-preneurs campaign

kfc-hack-epreneurs

KFC has launched a campaign that will assist young South African Hack-A-Preneurs who have kept their eye on the prize during this pandemic by turning their hustle into a real opportunity.

The brand is giving away an amazing prize valued at R500 000 to three lucky entrepreneurs who have turned life-hacks into real business opportunities.

KFC is identifying up-and-coming innovators, hustlers, and hard workers on social media with the goal to reward three Hack-A-Preneurs with a cash injection towards their business.

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Education franchises move to new levels with online learning

education e-learning

With 2020 going down in history as the most disruptive year in living memory and with approximately 1.4 billion children worldwide moving from the classroom to on-line education, the challenges not only to traditional schools, teachers and learners but also to those franchise businesses in the childcare, education and training sector, have been momentous.

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Franchising adapting to the new normal

franchising-new-normal

Globally, we have been living in unprecedented times these past six months with a future that looks shaky and uncertain at best. Never has any business experienced having to put a complete stop to their activities, and then to have to turn an entire franchise system back on. Franchising, by virtue of its unique business format, was able, in many cases, to modify its business models to stay afloat, draw on their combined talent and resources and regroup to look to the future. Some of the critical lessons gleaned from franchises globally include:

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FASA welcomes Nuhuman to the fold

FASA has pleasure in welcoming NuHuman as a new member of the association. As the very first health and wellness facility of its kind with over seventeen patents and a scientific platform on which true and permanent human transformation can take place, NuHuman is the epitome of holistic health and wellness. NuHuman is suitable for all humans and conditions, designed to optimise personal health via weight loss, training, nutrition, energy, stress and improved disease management.

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Kauai grows its footprint

Kauai grows its footprint

Franchise group Real Foods is leading the way in post-Covid recovery by diversifying its business, growing its footprint abroad and showing the world that entrepreneurship is alive and well!

The company – which lists Kauai, Nü Health Food Café, Highveld Honey and other food brands in its portfolio – is growing its footprint abroad and has launched two new brands and acquired a food manufacturing business. Dean Kowarski, CEO of Real Foods announced that, “Despite the international lockdown, Kauai is expanding further into Europe under a master territory franchise agreement with Wellness Brands Europe Ltd, and plans to open 20 Kauai fast-casual restaurants over the next three years in the UK. The first restaurant will open next month in Edinburgh with a second soon to follow.”

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