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9 Rules for Family Businesses

9 Rules for Family Businesses

By Sasha-Lee de Bod

Running a family business seems fairly simple but in essence, it thrives on intricacies.

10 Common Mistakes made by Franchisors

10 Common Mistakes made by Franchisors

1. Franchise before they have perfected and proven the concept. 

A business must have an established track record with proof of profit potential before franchising can be considered as a means of expansion.Franchise before they have perfected and proven the concept.  A business must have an established track record with proof of profit potential before franchising can be considered as a means of expansion.

Franchising Insights from a franchisor, franchisee and franchise consultant

Franchising Insights from a franchisor, franchisee and franchise consultant
Who is to say business can’t be entertaining, hold on to your seat as we unpack the world of business and franchising with Business Buzz business finance and economic news on Voice of Wits 88.1 FM

During a recent live broadcast, they unpacked franchising and the economic review from various perspectives. Melissa Eva, franchise consultant at Franchising Plus explains how to get into franchising and if opening a franchise could be an option for you.  Jo-Ann de Wet, supply and operations officer at McDonalds South Africa shares insights from a franchisor perspective whilst Lydia Ramatisa, Engen franchisee shares her story from starting out as an entry level employee. We end off with a summary on the current economic condition with Zanele Kunene from BDO Wealth Advisors.

What makes a franchise relationship successful?

What makes a franchise relationship successful? Win Win

By Sasha-Lee de Bod

The nature of franchising is unique in the sense that it is built by a relationship between a franchisor and franchisee of mutual interdependence and reliance. For this relationship to grow and succeed, the relationship needs to be collaborative and bound by common goals and mutual interests. The relationship is more than just a business relationship, it is also an emotional relationship built on trust, respect, care and commitment from franchisor and franchisee level; this can ultimately build or destroy the relationship.

How can a franchisor assist struggling franchisees?

By Melissa Eva


In the current economic downturn, all franchisors are certainly going to experience an increase in franchisees who are struggling to make a profit. Franchisees that are battling are certainly a risk to your brand.