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I have been asked this question many times before and I will probably be asked this question many times into the future. My simple response to this question is, “What are you passionate about and what can you afford?”

“Focus on the basics – get the basics right, get the services right, is the advice from Tony da Fonseca, Managing Director of OBC Chicken.

The Health, Beauty and Body Culture is one of the top ten franchises in South Africa, according to Franchise Association of South Africa (Fasa). Fasa’s latest survey said that the Health, Beauty and Body Culture market contributes to 6% of the franchising industry.

The franchising sector has shown steady growth over the past four years, in a tough economy from contributing an estimated 9.7% to the country’s GDP in 2014 to its recent figure of more than 15%, according to the Franchising Association South Africa 2018 survey.

FNB is hosting the 7th Franchise Leadership Summit at Montecasino on Tuesday, 13 November 2018. The summit is a well-attended industry discussion amongst high calibre franchisors and industry stakeholders

The number of franchise systems has risen from 843 to 865 in the last year continuing the growth trajectory with a total of 45 011 outlets.

Survey results released today show that the franchising sector has proven resilient despite the recent economic turmoil.

Subway co-founder Fred DeLuca’s success story started at age 17 when he opened his first sandwich shop as a way to put himself through college. Last month, the chain, which has a growing presence in South Africa with 14 stores, marked the opening of its 40 000th store. In an interview with Canada’s Globe & Mail, DeLuca elaborated on the challenges facing food franchises in these tough economic times.

FASA member Sorbet will add to its successful beauty and nail salon chain by rolling out its new Sorbet Drybar franchise. This innovative US hairstyling concept is essentially an express hair salon that offers convenient, affordable blow-dry’s – no cuts or colours – in a relaxed, funky environment complete with in-salon entertainment

With franchising becoming more accountable as it is covered by the Consumer Protection Act and in the interests of making an even bigger contribution to the country’s economy, FASA has embarked on an industry survey that gives an overview of the current state of franchising and will form the basis of more extensive surveys going forward.

The U.S. Commercial Service is partnering with the International Franchise Association and Franchise Times to bring a Franchise Trade Mission to South Africa. The delegation will consist of several popular American franchise brands who are very interested in meeting potential Master franchisees and Area Developers. They will be in Johannesburg on 26 and 27 September 2013 for meetings.

Johan Stapelberg, founder of Butterfield Bread has bought back his brand, with plans to revive and extend the franchise.

Generally, the term “franchising” is used to describe the licensing of a business system which invariably includes the licensing of various types of intellectual property.