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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.

Tackling township business – a market for growth and development

Tackling township business – a market for growth and development

By Sasha-Lee de Bod

Franchises and independent businesses are competing and operating in highly competitive and in some instances saturated markets.  Business owners are now looking at alternative means of market expansion and ways of revitalizing the economy to address poverty, inequality and unemployment.

How tax burdens can be reduced for franchisees

How tax burdens can be reduced for franchisees

By Andre van Wyk

In November 2017 the Tax Court found in favour of a franchisee which could reduce the tax burden on many franchisees.

Two main principles in tax law

The two main principles in tax law are:

 

  1. All income received or accrued is taxable (subject to certain exceptions); and
  2. Only expenses already incurred in the production of taxable income is deductible from that income.

Tax deductibility of Initial Franchise Fees

Tax deductibility of Initial Franchise Fees

By Andre van Wyk

In the past there was uncertainty if initial franchise fees could be deducted from the taxable income of a franchisee. This is a large cash outlay for a new franchise and not getting the tax benefit would be detrimental to a new franchisee. SARS have recently made a ruling which has clarified the deduction of an initial franchise fee in favour of franchisees.

Four factors that drive a franchise network’s success

Four factors that drive a franchise network’s success

By Sasha-Lee de Bod

Penny from the Big Bang Theory was informed on numerous occasions, over a period of time that: “Your ‘check engine’ light is on”. Her response evolved from “Mm-hmm”, “yeah it’s okay” to “yeah, I gotta put a sticker over that”.  In our experience, many franchisors fail to perceive, recognise and address real problems that could ultimately reduce the success of the franchise network as a whole.