If you’re considering entering the potentially lucrative franchise business, get to the Full on Franchising Theatre at #BuyaBusiness expo 2016 find out everything you need to know about franchises. Buying a franchise is an exciting opportunity to build your new business on the back of an established brand. But not all franchise models are the same, and not all opportunities are all they appear to be. At the #BuyaBusiness expo 2016, prospective entrepreneurs will discover hundreds of business opportunities, including many top franchise opportunities. To help prospective franchise owners understand the various franchise models, important strategic considerations and the laws regulating franchises, SA Franchise Warehouse will present in-depth Franchising 101 Workshop in the Full on Franchise Theatre. These information sessions will run throughout the three days of the expo. Kobus Oosthuizen Kobus Oosthuizen, Founder & MD at SA Franchise Warehouse, says: “Many people don’t ...

In his budget speech on 24 February 2016, Pravin Gordhan confirmed that applications to the value of R12-billion has been approved by The Jobs Fund. The franchise industry is part of that R12-billion and in conjunction with Business Partners, SA Franchise Warehouse is proud to announce that grant funding has been negotiated for qualified BEE franchisees who wish to enter into partnership with existing franchisees for new outlets within established franchised networks. The objective is to encourage partnerships between existing experienced franchisees within stable franchise networks and a BEE operating partner. The own contribution requirement for the funding of a new outlet will be 10% of the set-up cost of the franchise, and the 90% funding will be a blend of a commercial loan and grant funding from The Jobs Fund. Although the grant is ultimately repayable, it attracts no interest and only has to be repaid once the commercial loan is paid in full, regardless of the loan term...

For businesses seeking to grow their portfolio and entrepreneurs exploring a franchising business model, the Full on Franchising Theatre at the Business Entrepreneurship & Franchise Expo , presented in partnership with the SA Franchise Warehouse , will be staged daily with an entrance fee of R200 per delegate.  This theatre will deliver in-depth workshops on franchising models, how to evaluate and fund a franchise, and the legalities of franchising. Belinda Bradley, Training and development director at SA Franchise Warehouse, explains: “Many people don’t realise that not all franchise models are the same. There are important questions they need to ask before they sign up for a new franchise opportunity.  These in-depth workshops are a first for BEFE, and are designed to get entrepreneurs started or growing in the world of franchising,” says Bradley. Attendees will also have an opportunity to discuss exciting franchise opportunities with some of South Africa’s b...

Before entering the potentially lucrative franchise business, book a seat at the 1st Full on Franchising Theatre at BEFE. At the Business Entrepreneurship and Franchise Expo 2015, presented in partnership with Eskom , entrepreneurs will have the opportunity to research hundreds of business opportunities, including many top franchise opportunities. To help prospective franchisees understand  a variety of franchise models, important strategic considerations and the laws regulating franchises, SA Franchise Warehouse and BEFE will present the ‘ Full on Franchising Theatre: In Business Forever ’ Theatre, hosting  in-depth strategic  workshops throughout the four days of the expo.  Buying a franchise is an exciting opportunity to build your new business on the successes of an established brand.  But not all franchise models are the same, and not all opportunities are all they appear to be. Belinda Bradley , Training and development director at SA Fran...

SA Franchise Warehouse Funding Solutions The SA Franchise Warehouse funding initiatives in association with funding partners, sefa , Kagiso Trust and The Jobs Fund (administered by Business Partners ) is aimed at assisting would-be franchisees whose own cash or collateral contribution does not meet commercial funding criteria. Would-be franchisees with an own contribution equal to 25 percent of the total set-up costs will be able to apply, provided all other qualifying criteria are met and that applicants have successfully completed the SA Franchise Warehouse Small Business Management Training course. This course in not a mere formality and candidates are trained and assessed on their aptitude and ability to acquire and implement the skills necessary to own and operate their own business. Funding is only available for franchise business systems that have been accredited by SA Franchise Warehouse in terms of the requirements of the participating funders. It is important to r...

Pre-approved funding solutions Interested to find out if you qualify? Call us, we can help. If you are thinking of of buying your own franchised business, but are unsure just where and how to start — talk to us. Enroll for the Pre-approved Funding Programme and we can help you achieve your dream of owning your own franchise. It is not too late to get your ducks in a row! SA Franchise Warehouse has been hosting franchise orientation workshops for the better part of five years, empowering aspiring entrepreneurs to make informed decisions about their futures as business owners. With each workshop we attempt to tailor our programme to address the needs of the attending candidates and it soon became apparent that there were two overriding concerns — firstly, to understand the various aspects of the franchise industry and secondly, candidates very much want to know if they would, in fact, quality to become a franchisee and particularly whether they could afford it. Knowing that you ...

Siphiwe Tshabalala Shabba Talks About Striking The Balance In Business In business, balance is everything. Aside from ensuring that your accounts balance, making sure that your business and the other activities that fill up your daily life are also balanced is crucial. This is especially true in franchising. While there are many franchisees who commit their time solely to their franchised business, there are others who continue to work their ‘normal day job’ and manage their franchise from the side lines. This is certainly the case for Kaizer Chiefs midfielder, Siphiwe Tshabalala, who is also a brand ambassador for The Fish & Chip Co., as well as a multiple store owner. Here is an insider look into how he scores in business. While many people immediately associate Siphiwe, or Shabba as he is affectionately known by fans, with either Kaizer Chiefs, Bafana Bafana or the scorer of the first goal in the 2010 FIFA World Cup™, Shabba balances more than a soccer ball in his profe...

The top predictors of success in business The prospect of starting a business is always an exciting one. When starting out, hopes are high, goals are set and entrepreneurs are eager to turn the business into a lucrative empire that will exceed their wildest dreams. The reality is, however, that there really is no crystal ball that can share revelations on a business’ success. Even in the business of franchising, in which the achievement rate can be increased by 80% or more due to the support and structure it provides, success is never a sure thing. Managing Executive of The Fish & Chip Co , Jan de Beer does however feel that there are certain elements and characteristics that a business owner expresses that can predict their triumph in business.  While there are a few determining factors to consider, such as adequate funding and a prime location, the real forecasters to success go deeper than the obvious. Even if an entrepreneur feels they have what it takes to make a bu...

SA Franchise Warehouse featured brand: ACDC EXPRESS   We look at the background and history of ACDC EXPRESS, its products and services, the support they offer their franchisees and what they look for in a business owner.   YESTERDAY, TODAY & TOMORROW ACDC Express is the retail arm of ACDC Dynamics, a leading manufacturer, importer and distributor of quality products in the electrical, pumps and tools industries. ACDC Express endeavours to provide a complete range of electrical solutions in the most convenient way possible, as well as supplying retail and industrial customers with practical and affordable solutions to all their electrical needs.  In 2007 this giant in the electrical industry took its first step into the world of franchising. Since then they have aspired to become the leading electrical retail franchise in Africa, and the first choice retailer for customers looking for top quality products, excellent customer service, convenience and competit...

  SA Franchise Warehouse Featured Brand: Mak-Rak Timber Shelving     We look at the background and history of  MAK-RAK TIMBER SHELVING , its products and services, the support they offer their franchisees and what they look for in a business owner. YESTERDAY, TODAY & TOMORROW “In early 1995, Marc and Arnold Klinkhamer came up with a simple, yet innovative, economical timber shelving system which could be put together like a big Meccano set and would suit the DIY enthusiast – the rest, as they say, is history.” In its simplest form Mak-Rak’s patented DIY timber shelving system consists of uprights and shelves bolted together to create a variety of shelving units of varying heights and shelf depths. The main feature that distinguishes Mak-Rak from other timber shelving systems, apart from its wide range of add-ons, is the superior connecting system between the shelves and the uprights that provides a strong metal-to-metal connection. O...

The Fish & Chip Co. now serves the most important meal of the day Nothing gets a day started best than a hearty breakfast. Often referred to as the most important meal of the day, even the word ‘breakfast’ indicates its importance, as this meal helps to break the fast that the body endured since the night before, making it important for good reason as energy is needed to get the body up and going. Without it, the body is essentially running on empty, which is never a good start to any day. After conducting thorough research among its consumers and competitors and bearing the benefits of a good breakfast in mind, The Fish & Chip Co. recently made the strategic move to include fresh and affordable breakfasts to the menu that will fuel the engines of customers, without making their wallets run on reserve for the rest of the month. “We felt so strongly about the importance of breakfast and how it will add value to our customers that we knew the new meal category was a must...

New to the world of franchising? The Franchise Orientation Workshop can show you the way If you are an aspiring business owner you owe it to yourself to properly research all available opportunities and to ensure you have all your ducks in a row, before possibly making the biggest investment of your life. The Franchise Orientation Workshop held at the Sandton Convention Centre in April 2014 was an unmitigated success judging by the enthusiastic feedback from the 70 plus. It was encouraging to see how many people are interested in buying franchises and it is heartening that so many would-be franchisees are eager to educate themselves about the opportunities and potential pitfalls of the industry before taking the leap to become business owners. If you missed our workshop in Sandton take note of our upcoming workshops to be held in Waterkloof, Pretoria where we can help you understand the world of franchising and guide you to making an informed decision about which business is r...

The Five Qualities of Charismatic Franchisees Bronwyn Oliveira, brand manager of Maxi’s, the franchisor of a nationwide chain of family restaurants, discusses the three qualities of likable franchisees and what makes them successful in business. Oprah Winfrey, Steve Jobs, Peter Jones and Cyril Ramaphosa all clearly have it. You won’t be wrong if you answered money but they also all have a clear competitive business edge over others – they are charismatic.   If you thought that they were born with it, you might be surprised to learn that you are mistaken. Charisma is not genetically transferred. Charisma is built through qualities that can be cultivated in many different ways. You can start by observing and learning from mentors and simulating and implementing certain behaviours in your own life.  Five key characteristics that charismatic people display are likeability, confidence, optimism, good listening skills and generally being comfortable with who they are. These...

No cheesy welcome for Scooters Pizza’s new managing executive   Carlo Gonzaga One of South Africa’s leading pizza franchises, Scooters Pizza, has seen major internal changes with new blood in the management team as they welcomed Owen Viljoen as managing executive to the popular pizza brand.   Viljoen has already made his mark at Scooters. His fresh ideas and dynamic thinking set him apart from the rest and the Taste Holdings team is more than happy with his internal changes and looking forward to great brand growth.   As managing executive of the Scooters Pizza team, Viljoen brings with him a mass of experience in retail management which will stand him in good stead to grow the Scooters Pizza brand. After obtaining his Bachelor of Engineering and an MBA at the University of Pretoria, Viljoen worked as a management consultant in logistics, supply chain and organisation development. In 1994, he joined Gilbey’s in Johannesburg as manager of industrial engineering...

A business plan means business W hen starting a business there are many factors that come into play that need to be analysed to ensure its success. Price, place, promotion and product are but some of the important aspects in the business mix that need to be planned and executed meticulously. In the flurry of dynamics to consider, many entrepreneurs tend to forget that having a business plan to drive the business processes is actually the most crucial, regardless of the sector type. This is especially true in franchising. Even though the franchising model affords owners the benefit of added support that is rooted in an established foundation, the business plan is just as important as in any other industry. Sally J’Arlette – Joy, the franchisor of Sandwich Baron , shares more on the importance of a business plan for the franchisee and the franchisor. A business plan is basically a document that summarises the operational and financial objectives of a business. Additionally, this...

Working on and in your business - a must in franchising   In the business world, owners are often told that the key to steering their company to success comes down to how well they can delegate to others to complete the front-of-store activities, allowing them to do the more ‘strategic’ work. This with the idea that they will then have the opportunity to focus on the brand, with the bigger picture in mind. While it is never a bad idea to work smartly in business, this way of running things will not be effective in all instances. The franchising concept, for instance, does call for a franchisee to be as involved as they possibly can in building the store or brand – from the inside and out. National Operations Manager of The Fish & Chip Co, Werner Hedder, shares more insight on this topic below.   The definition of owner management basically goes that working in your store means physically performing the core functions that the business is built upon. From taking ...

How to keep feet coming through your doors during the winter blues   Shaazia Bhika, the proud owner of Maxi’s Overport Halaal, a franchise of nationwide family restaurants that forms part of the Taste Holdings group, discusses how to keep a consumer-driven businesses thriving, especially during the colder season.   It is no secret that the restaurant industry takes a bit of knock during the colder months as customers prefer ordering take-aways and eating it in the comfort and warmth of their homes.  Although, if the customer is going to a restaurant that boasts a warm and welcoming environment that offers great food and excellent service, it does tend to make their visit much more pleasant -- and more frequent.    Here are a few tried and tested tips on how to keep your customers loyal and coming back for more, even during the colder seasons.   1.     Winter-proof your premises Sitting in a chest freezer is nobody’s ide...