FASA will, during the course of the year, put the spotlight on some of its new members that have joined the Association, committing to running ethical businesses and offering viable business opportunities.
Just Build, in 2020 marked 71 years of their unique way of doing business which includes living by the Just Build Values and Code of Conduct as well as their prescribed guidelines in Governance, Frameworks and Processes.
In April, 2020 scenario specialist Clem Sunter wrote an article describing four possible scenarios for how the coronavirus pandemic could play out: “Much Ado About Nothing”, “The Camel’s Straw”, “Spain Again” and “Walking the Tightrope”. At the time the cumulative number of global cases was 2 400 000 and deaths 165 000. Seven months later, the figures are 60 000 000 and 1 403 000, representing an increase of 25 times in cases and 8.5 times in deaths. While there has been a marked increase in testing everywhere, and the roll-out of the vaccine world-wide has begun, the Covid-19 threat will be with us for quite a while.
The time is NOW to Regroup… Reset … and change the Future of franchising.
There are many who say that the world pre-Covid was out of control – what with political radicalism, over-consumption and the destruction of our environment – and that would be our undoing. We had come to a stage where we needed to reset the button and start anew.
The franchise industry as a whole is facing a challenging time, unlike anything it has experienced before. The COVID-19 pandemic has triggered the closure of companies and brands across almost every industry sector – and vehicle dealerships have not been spared. It is in times like this that strong leadership needs to step up to ensure the continued success of the business.
Being part of a strong, established brand, InspectaCar management has shown unwavering support to its franchisees throughout the seven months of lockdown, across various levels of operation.
The Scientists Collective, made up of some of South Africa’s leading scientists, offer the following guidance to staying safe this festive season, as featured on Maverick Citizen.
After a ‘annus horribilis’, many people are looking forward to a well-earned rest and some quality time with family and friends or perhaps going on a well-deserved holiday. But, with the coronavirus on the increase in the coastal provinces, how does one make sure to travel and stay safe this holiday season?
The accounting profession is being greatly affected by technological strides in recent years and even more so with the advent of 4IR which is changing many of its core functions like compliance and payroll. Accountants are facing mounting pressure to distinguish themselves and provide new value to clients. With more processes being automated and a rise in demand for accounting software solutions, the many benefits of outsourcing accounting functions will continue to gain popularity.
Romany Threshers chats to Pieter Bloem from the Bootlegger Coffee Company. Bootleggers started in 2012 when 3 best friends got together and decided to form the company. The brand has now grown into multiple stores in Cape Town and Johannesburg and expanding rapidly.
Under the leadership of CEO Esna Colyn, the Imbalie Beauty group has sought to empower beauty therapists with ongoing skills training at its nationwide network of Placecol, Dream Nails and Perfect 10 salons. With the recent launch of its Customer Solutions Division in August, the group aims to reinforce a message of empowerment by taking its new vision to the wider community, in particular to women who have a passion for beauty and wellness, and to individual therapists and salon owners within the group.
The franchise sector, at the end of 2019, was holding its own in what was a trying economic environment. According to FASA’s 2019 Franchise Survey, sponsored by Sanlam, the franchise sector contributed an estimated turnover of R734 billion, equivalent to 13,9% to the country’s GDP through its over 800 franchise systems, close to 48 000 franchised outlets and a workforce close to half a million.
The entire world seems to have been turned on its axis since then as many industries are now forced into unfamiliar territory and left to either fight or flight in this seemingly post-apocalyptic era. What the pandemic of 2020 did was fast track the upcoming 4th Industrial Revolution strategy and catapult us to making changes far sooner than expected and change the way we live and do business.
Automotive retail group Motus Holdings, whose franchise brands include FASA members Motolek. ADCO, CBS & Auto Care & Diagnostics, recently launched its online brand motus.cars, which is a website where consumers can shop 25 different brands of new vehicles, bikes, trucks, and over 10,000 dealer-certified used and demo cars. The name of the platform is the culmination of the overall Motus brand change from Imperial.