Vinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.xVinaora Nivo Slider 3.x

South Africa poised for growth again

South Africa poised for growth again

By Sasha-Lee de Bod

The world has been closely observing and contemplating the political and economic situation in South Africa over the past year.  The nation waited in anticipation for the 2018 State of the Nation Address and budget speech which would determine the future of the country, knowing that each decision made by South Africa’s ruling government will influence consumers and businesses alike.  The result indicated that it will bring improvement in the country if key challenges are addressed with real solutions.

12 Criteria for happy franchisees

12 Criteria for happy franchisees

By Sasha-Lee de Bod

“Learn to look after your staff first and the rest will follow” - Richard Branson.  The words of Richard Branson can also apply for a franchisor/franchisee relationship the more you give as a franchisor, the more you will get out of your franchisees.

A franchise network cannot grow without franchisees.  Franchisors are starting to realise that growing the franchise network requires looking after franchisees as this can result in either the success or the failure of the franchise network.

It is time to update your disclosure document

It is time to update your disclosure document

By Sasha-Lee de Bod

Running a franchise network is a full-time responsibility which requires the franchisor to perform various roles daily, while doing so, franchisors should not forget about their disclosure document after being drafted in the developmental stage of the network.

If you are a franchisor, whose financial year end runs from 28 February to 1 March, it is time to review and update your disclosure document.

18 Trends to look out for in 2018

Sasha-Lee de Bod

by Sasha-Lee de Bod

2018

2018 is right around the corner, and thinking about the year ahead can help any business strategically to gain competitive advantage in the new year.  There is no doubt that 2018 will be a difficult year.  The successful companies will be those that change to adapt to the market.

There are three key aspect to consider:

Building strong franchisor-franchisee relationships

Sasha-Lee de Bod

 by Sasha-Lee de Bod

“All relationships need to be nurtured, whether they’re with your business colleagues or your family and friends. Maintain good lines of communication; be willing to listen to other people’s points of view; and don’t forget that, ultimately, you need to be comfortable with your decisions” – Richard Branson

Succeeding in business is all about making connections and relationships, which can be challenging at times therefore franchisors need to manage relationships with their franchisees accordingly.