Many people looking to open a business forget the golden rule of real estate - location, location, location. This is especially true for businesses that rely heavily on daily traffic in order to meet certain turnover objectives and even more so, when the stock that needs to be moved is perishable.
By Werner Hedder 17 Apr 2014 16:38
In the next two to three years Woolworths is planning to open 15 stores in sub-Saharan Africa, including in Kenya, Mauritius and Namibia, reports Reuters.
14 Apr 2014 11:47
Managing expectations in any business is a challenge in its own right. In the franchising industry, this challenge is often magnified, with both the franchisor and franchisee bringing their set of expectations into the franchise agreement.
By Sally J'Arlette-Joy 14 Apr 2014 09:55
Famous Brands on Wednesday, 9 April 2014, said it had established a strong platform for growth in the Middle East and North Africa regions with the signing of a master license agreement for Saudi Arabia‚ Lebanon‚ Morocco‚ Iran and Egypt.
By Zeenat Moorad 11 Apr 2014 11:32
Franchising offers prospective entrepreneurs a tried and trusted model that provides the concept, support and infrastructure those new businesses need. This is essential as the risks for new business owners increase daily.
10 Apr 2014 13:23
Domino's Pizza, described as the world's largest pizza chain, has signed a 30-year master licence agreement with Taste Holdings, which will enable it to develop the brand in South Africa, Lesotho, Swaziland, Namibia, Botswana, Zimbabwe and Mozambique. Zambia and Malawi will follow, on the fulfilment of certain conditions.
10 Apr 2014 08:59
McDonald's South Africa is celebrating 200 stores with a grand opening of its newest arrival, McDonald's Oxford in East London. Around 52 local jobs have been created as a result of the new restaurant.
2 Apr 2014 12:47
The choice between buying a franchise or launching a stand-alone start-up business boils down to an individual's personality. Therefore, prospective entrepreneurs should assess themselves and weigh up the advantages and disadvantages of each business model.
By Simone Cooper 28 Mar 2014 12:39
Famous Brands has acquired a 70% stake in the Wakaberry Frozen Yoghurt Bar business for an undisclosed amount, it was announced today, 25 March 2014.
25 Mar 2014 15:41
The International Franchise Exhibition (IFE) will beheld at the Sandton Convention Centre from 10 - 12 April 2014, offering potential franchisees a platform to gain an understanding of the business opportunities available in South Africa. Over 50 different franchise brands will be exhibiting at the event.
24 Mar 2014 09:25
In business, the important role that communication plays is often underestimated, leading to misunderstandings, unmet objectives and failed relationships.
By Werner Hedder 19 Mar 2014 11:52
The franchise sector, which is defying sluggish economic conditions, currently contributes nearly 10% to South Africa's GDP and will continue to provide sustainable business opportunities for entrepreneurs into 2014 and beyond.
By Simone Cooper 18 Mar 2014 10:34
Kauai has recently expanded its borders to the United Arab Emirates, opening its first store in Dubai. Situated in the Park Island in the Dubai Marina, the new store has been strategically located in a unique destination that is both a dynamic business centre and a tourist paradise.
17 Mar 2014 12:02
Business Partners announced the launch of its Franchise Fund, aimed at allowing young and previously disadvantaged entrepreneurs, with limited assets and access to capital, to qualify as franchisees.
13 Mar 2014 11:05
