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. 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 …
X factor in franchising
Watching the 132 golfers at FASA’s Golf day proudly representing their brands whilst networking with other brands, some of them rivals, it struck me that there is something magical about franchising and that it is indeed a family of extraordinary business people. The X factor is what separates the extraordinary from the ordinary. Franchising is unique in the world – a business format that has revolutionized small business – allowing anyone, from any background, to be part of a bigger business and an established brand. We look at what makes up the “X” factor in franchising FASA Franchise Association South …
Belonging to the franchise club
They say it’s like belonging to your favourite club. You’re there because you choose to be there; you are in the company of like-minded people; you all work towards a common goal; you have others watching your back and you can pool resources to get optimum results. 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 in South Africa – then, now and the future
On the eve of South Africa’s elections franchise stalwart Eric Parker was the guest speaker on FASA’s monthly networking event reflecting on the past and looking ahead to the future of franchising in South Africa. 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 power of franchising… lies in its longevity and optimism for the future
South Africa stands out as the only country in Africa that embraced the franchising model way back in the 1960’s and built it into the formidable business sector that has created close to 800 business brands operating through over 68 000 outlets. 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 power of franchising … to introduce new franchise concepts to market
As a unique business system that relies on duplication of a concept, a brand, products and services through an ever-growing network of franchisees across fourteen different business sectors, getting an overview of how those franchises handled the strains and stresses of the past four years is invaluable. No other industry or sector has such diversity of business segments within its operating spectrum. Franchising represents businesses ranging from retail to real estate; from fast food to restaurants; from automotive products & services to building, office and home services; from education & training to health & beauty; from business-to-business to personal & …
The power of Franchising…Contributing to the South African Economy
In FASA’s almost 45 year history, the concern of the Board made up of franchisors that have the best interests of the sector at heart, has been to nurture the entrepreneurial spirit that is at the heart every franchisor and franchisee and to ensure that this phenomenal business system continues to enrich whilst contributing to job creation and to the economy of South Africa. 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 …
Why Trump Is So Clumsy About Fighting ‘Free Trade’
According to media, President Trump announced last week that he plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum. …
Mutual Funds Cut Uber Valuation by as Much as 15%
Since then, the reports from the Uber side as to where SoftBank stands have kept shifting, and its allies can’t keep their story straight. …
The Retirement Wealth Inequality Machine
Thus, how such programs are set up and administered is likely to merely expand financial asset management fees while collecting taxes and penalties to boost the treasury. …