Posted under Franchise
from 1551 days ago

(Photo of Cape Town, South Africa courtesy of Sara and Joachim on Flickr)

According to Derek Smith, the new chairman of the Franchise Association of South Africa (FASA), franchising in South Africa is poised to play a significant role in growing the economy through training and job creation.

He also said this about franchise success rates, according to the folks over at

“Franchising can be the low-risk, high-reward route to owning your own business. It allows you to be your own boss, to build your business as far as your talent and ambition allows and beyond and it allows you to reap the profits personally. If you choose wisely, it also gives you the back-up of an established franchisor with a known brand and a proven business system, a roadmap to success that’s been traveled many times before. While a high proportion of independent start-up companies quickly ...


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