Category: Franchise Stats & Surveys

Our new world of technology which, whilst offering great opportunities through technological advances and new business opportunities, also presents challenges that can be quite devastating – with job security one of the key areas of concern. In South Africa greater income inequality, increased unemployment, growing dependence on government, and more mass migrations are a few of the most pressing problems that failing to train the next generation of workers for the digitally driven economy will result in – let alone simply providing jobs for the overwhelming number of unemployed, especially the youth which has reached almost 60%.  Entrepreneurship is one …

In today’s difficult trading environment starting a business or even a franchise does not guarantee success but as one franchisee put it, “I would rather be in business within a franchise system than be facing all these challenges on my own.” 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 …

FASA’s definitive surveys, one of the health of the franchise sector, the other a Franchisee satisfaction survey will be published in late September but early results show that, whilst taking strain as have most businesses over the past four years, franchising has shown great resilience and tenacity in confronting the challenges and the future. “Both these surveys are important”, says Margaret Constantaras of Research EQ, “not only within the context of where franchising sits in its contribution to GDP, but an analysis of how COVID-19 and the lockdown regulations – and other economic and political events impacted the sector. As …

It is a global phenomenon that franchise businesses are more successful than independent ventures with a historical success rate of 90% and a failure rate of only 10%. The opposite is true for independent businesses as they struggle more to establish themselves, get their concepts off the ground and grow to profitability. If you are reading this newsletter and are contemplating starting a business we do a comparison below which highlights the support structures that are inherent in franchising. We also encourage you to attend the FASA Franchise Conference on the 26th October in Johannesburg to get the low-down on …

Covid… load shedding… water shortages… inflation… potholes… million Rand flags and the Spurs – what a way to start a conversation. South Africa has experienced quite a lot over the past couple of years and still does. And while even the slight thought of all this is dampening, one thing is certain, our charisma, resilience and tenacity have seen us through it all every time. And one such depiction of these traits lies within the fast food and restaurant industry. South Africa has around 85,000 restaurants, in that, over 850 franchises, a gigantic melting pot of home-grown meets the international …

The latest findings obtained from the representative survey that’s conducted annually by the country’s Human Sciences Research Council (HSRC) shows that the mood among South Africans has soured and the Human Sciences Research Council recent survey has picked up some disturbing new trends. 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 the Franchise Association of South Africa, together with Absa, embarks on a definitive industry survey after a break of the past four gruelling years – that included the debilitating effects of the Covid-19 lockdown regulations, flooding and the July 2021 riots and looting, political turmoil and economic strain – it hopes to get a clear indication of the challenges franchisors and franchisees faced and more importantly what lies ahead for the future of this important sector. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. …

Entrepreneur magazine in the US, known for their annual Franchise 500 list, tracking franchise trends and ranking the strongest franchises from the mountains of information on thousands of franchises each year has, for the first time, looked at the past five years’ worth of industry data influenced by the pandemic and its fall-out to come up with industry-wide trends (We Crunched 5 Years of Franchise Industry Data. Here Are 4 Big Trends You Should Know About. | Entrepreneur) that give an interesting analysis of who’s thriving, who’s coasting and what changes were made over the five-year period. FASA Franchise Association …

Did you know that South Africa franchising’s economic output as a percentage of GDP ranks in the top five worldwide? That’s correct… with its contribution to GDP at 15,3% (in 2017), South Africa’s franchise sector is up there with France, Australia, New Zealand and the Netherlands. The success of South Africa’s franchising sector has put us squarely amongst the best performing franchising countries in the world, according to statistics compiled by the World Franchise Council’s 2017 Survey on the Economy Impact of Franchising Worldwide, created to monitor the global franchise landscape. The phenomenon of franchising continues to grow worldwide with …

Does this sound familiar? You go online to buy that one-of-a-kind dress, that new juicer or presents for Christmas and spend the next few hours struggling to navigate the site, are frustrated with the slow speed and then when it comes to paying, the system crashes. Now that South Africa has climbed onto the pre-Xmas frenzy of Black Friday, Cyber Monday and all the other incentives to buy online, every business with an online presence must make sure that their technical side is working optimally and is ready to handle any eventuality. FASA Franchise Association South AfricaTo protect, lobby, promote …

FASA is appealing to all franchisors and franchisees out there to participate in this year’s Franchise Survey sponsored by Sanlam which examines this important industry that to date contributes a healthy R721 billion equivalent to 15,7% to the country’s GDP. Given the socio-economic and political influences, will that figure drop or grow and what other factors make up an industry that continues to be a major player in South Africa’s economy? If you are a franchisor or a franchisee you have to be part of this definitive survey that tracks and celebrates one of the strongest business arms of the …

Which nation loves coffee the most? With billions of cups of coffee consumed worldwide on a daily basis, which nation loves coffee the most? Given that coffee is grown in tropical, hot countries you would think that countries like Brazil, which has been the largest exporter of coffee for more than 150 years or Vietnam or Colombia who come in 2nd and 3rd, would be the biggest consumers but you would be wrong. According to the International Coffee Organization (ICO) it is the Scandinavian countries that drink the most coffee. Finland tops the list drinking 12kg of coffee per capita …

A good ten years ago, the Harvard business review noted that ‘women now drive the world economy’ although a survey by Boston Consulting Group at the time found that women felt ‘vastly underserved’. Has anything changed since then? With women driving between 70 and 80% of all consumer purchasing, it’s time that women were taken seriously and not be subjected to the ‘make it pink for the female market’ syndrome. Today women tend to control family finances and make purchasing decisions, including for children and extended family. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across …

The 2018 South African Customer Satisfaction Index (SA-csi) for Supermarkets, conducted by Consulta shows that the gap between the different brands’ service is closing with Woolworths marginally maintaining the best overall customer experience among South Africa’s big five supermarket brands that includes Pick n Pay, Spar, Checkers and Shoprite. 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 …

A study by MSCI on behalf of the South African Council of Shopping Centres (SACSC) shows that the current size of the South African retail market is estimated at around 23.4 million square metres of gross lettable area (GLA) across 1 959 individual shopping centres – ranking it in 8th position among the 43 countries forming part of the survey – just behind Australia and France. The top three countries in terms of shopping centre supply – the US, China & Canada – contribute a combined 77% to the overall figure.   FASA Franchise Association South AfricaTo protect, lobby, promote and develop …

Whilst a survey in 2017 by Visa showed that South African consumers still prefer doing their shopping in malls, and a recent study by MSCI on behalf of the South African Council of Shopping Centres (SACSC) shows South Africa as having the sixth most shopping centre space in the world, FASA’s Franchise survey does show a decrease in the number of outlets in shopping centres and malls. 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 …