FASA membership is granted in the following categories:
Full membership is awarded to companies who have a proven trading and franchise record. A thorough assessment of each applicant company is made before membership is granted. This would typically include a look at the viability of the concept as well as the presence of appropriate documentation, with the minimum requirements being:-
Preliminary Membership is offered to companies who are new to or in the process of developing a franchised business. Their preliminary status is valid for 24 months after which they can apply to be accepted for full membership subject to producing viable performance financials. A thorough assessment of each applicant company is made before membership is granted. Reduced membership fees are payable per annum on submission of the membership application documents plus a once-off legal fee. The legal fee is waived if the applicants franchise agreement was written by a franchise attorney member of FASA.
This category is open to professional practices that wish to provide professional services of high ethical standards to the participants in the franchise sector. These include law firms, banks, insurance companies, franchise consultants, brand and marketing companies, IT companies, suppliers and many others.
FASA has recently extended its membership to include all franchisees representing their franchise brands - whether their franchisors are members of FASA or not. Extending the benefits of belonging to the FASA franchise family to all those involved in this dynamic business format results in a strengthening of the ties that bind those in the industry and allow all to benefit from the continual growth of this phenomenal business format.
Product supplier companies do not offer franchises but are suppliers of product to the franchising industry and place great emphasis on meeting the special needs of franchised chains.
This category applies to individuals who wish to join the association in their personal capacity.
Click here to join http://fasa.co.za/join.php
Franchising is recognized globally as one of the most aggressive forms of business expansion. It enjoys a high profile with some of the world's most renowned brands as franchise leaders. In most countries franchising has fallen under the umbrella of local franchise associations, which in turn, belong to the World Franchise Council. This allows the business format of franchising to be controlled and good ethical practices set globally. For this very reason, franchisors, franchisees and service providers are encouraged to belong to a franchise association which in turn promotes them in a variety of ways and provides many networking opportunities.