Once upon a time when the economy was booming and landlords had a large waiting list of potential tenants wanting to get into their shopping centres, they developed a one-sided rental strategy. They enticed the major retailers with ridiculously low rentals and...
By Eric Parker Franchising in South Africa is way behind the rest of the world. In the USA over 50% of retail sales go through a franchise whereas in South Africa it is only 12%. The mentality amongst Corporate South Africa seems to be: “We need to own it to control...
By Eric Parker Assume you are tired of working for a Corporate Company and want to start your own business. You have three options: Start a business from scratch.Purchase an existing business.Purchase/start a franchise as a franchisee. For the purpose of this article...
By Eric Parker Expanded on by Natalie Veli I was recently asked by some young people to share some of my ‘Life Lessons’ with them. After some thought, I composed the following 15 lessons. I only wished I had received these when I was in my twenties!! 1....
By Eric Parker and Sasha-Lee de Bod In these tough economic times, franchising is the solution to support small business people. According to the Franchise Association of South Africa August 2017 survey statistics the estimated turnover for the...
