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 ...

Franchising can be a powerful connector between existing resources and those needed from outside to stimulate job creation and wealth retention within communities. By Kobus Oosthuizen Wikipedia defines a society, or a human society, as a group of people related to each other through persistent relations, or a large social grouping sharing the same geographical or virtual territory, subject to the same political authority and dominant cultural expectations. Examples include clubs, church groups, educational groups and ex-employment groups such as firemen and war veterans. Insofar as it is collaborative, members of a society can benefit in ways not possible/achievable on an individual basis. The establishment of an enterprise initiated by a society and aimed at providing goods or services to such a society is a powerful mechanism for employment creation and wealth retention within a community. This is especially true if a suitable ownership structure and ...

      There are thousands of successful small independent businesses trading in the formal and informal retail sectors who, because the businesses themselves are viable, are able to provide job opportunities in a sustainable manner. By Kobus Oosthuizen Small businesses and particularly those delivering essential goods and services in an emerging market environment are not hugely affected by high interest rates, fuel prices or a recessionary climate and as such their employment base is largely sustainable and stable. What makes a business sustainable? While there is no quick answer to this question, the following key success factors all contribute to the sustained success of an enterprise: The nature of and a sustainable demand for its goods and/or services Its number of years in existence A suitable location Access to operating capital   The abilities of the operator and his presence within the business The ability of the operator to a...