Why is franchising in South Africa a sustainable business model
“Franchising has emerged as a powerful engine of growth and economic development worldwide, and South Africa is no exception. In a country grappling with high unemployment rates, economic inequality, and the need for sustained entrepreneurial activity, franchising offers a viable and sustainable business model.” Eric ParkerEric’s involvement with franchising began in the 1980’s when he held senior positions with Carlton Paper, Kreepy Krauly, KFC and later, Interfare/Squire’s Holdings. Eric is a founding member of the Franchise Association of South Africa and served on its board of directors for many years. A founder member of Nando’s, he later started the highly …
Strategies for future sustainability
Whilst the past four years have taken its toll on all businesses, the franchise sector has proved its resilience and, on the back of the survey results, FASA believes that, as we embark on a new year, now is the time for franchising to step up and find ways to plan for its future growth. Whether it’s lobbying government to partner with it in using the franchise business model to establish grassroot franchise concepts in the social, tandem or micro spaces, finding flexible franchise options tailored to our new world or targeting corporate companies to look at franchising as an …
Franchising supports Rounda Initiative
The Franchise Association of South Africa (FASA), as the only officially recognised representative body for the franchise industry, has taken the lead as one of the founding members of the Nikela Trust and its Rounda initiative towards poverty eradication. Together with Nando’s, Steers and McDonald’s we were able to test the distribution and audit processes and to measure public perceptions. The outcome was most encouraging with R 5.3 million raised with a low keyed approach. 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 …
Franchising sector supports charity
As the cold sets in this winter, spare a thought for those less fortunate who are cold, hungry and often without shelter. Franchise companies and brands are known to be very generous in helping those less fortunate with the Franchise Association of South Africa (FASA) one of the first Associations whose members signed up with Rounda, an initiative of the Nikela Trust which seeks to collect, under patent, all the small change which carries insignificant value, along with other voluntary contributions and apply that to the upliftment of the SA society. Started in April 2018 to date it has raised …
Relief to victims of cyclone IDAI
This is an urgent appeal for business to enjoin the humanitarian efforts in the region following the devastating effects of Cyclone Idai. Cyclone Idai has caused heart wrenching devastation to our neighbours in Mozambique, Zimbabwe and Malawi. BUSA on behalf of the entire business community in our country extends its sympathy to all those affected. Our ties with the people of the region are inseparable, we share their pain and suffering. 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 …
National project against poverty launched with R1 Million generated in first 5 months
A ground-breaking initiative by the Nikela Charity Funding & Development Fund with the aim of raising R1 Billion every year for social upliftment, of which FASA was one of the first signatories, was launched in celebration of Archbishop Desmond Tutu’s 87th birthday in early October. Rounda, which is a Public-Private Initiative, driven by Civil Society, with the full backing of Government and support from major South African business industries, encourages the public to make every cent count and is a way for all of us to play our part to eradicate poverty in South Africa. FASA Franchise Association South AfricaTo …