News & Articles
A Different Approach to Franchise Royalty Fees
By Eric Parker In franchising, we have all been following the industry norm when it comes to determining the royalty fees. This is generally a percentage of sales calculated as follows: 10% of gross profit multiplied by the sales. For example, a fast-food outlet needs...
Instagram unpacked
By Roz Sandham Instagram is the third most popular social media network in South Africa, after WhatsApp and Facebook drawing over 73% of active internet users in the country accessing the platform at least once a month. Instagram is a powerful marketing tool that is...
Have you considered Staff Economic Empowerment (S.E.E)?
By Eric Parker It is a proven fact that an empowered staff member with “skin in the game” i.e., something to lose, apart from a job, will outperform an employee! So, let us consider the diverse ways you can implement S.E.E into your business: FranchisingJoint...
In Franchising you Need an EPIC Operations and Procedures Manual
By Lesley-Caren Johnson When first starting out – whether as a small business or with your first franchised operation – your team, and the people who need to know how to perform the various tasks, are small. It is relatively easy to pass on information, and check in...
Franchises can Optimise their Social Media Locally
By Roz Sandham When running a business, engaging with your customers is vital for survival! As we have moved into the 21st century more ‘traditional’ forms of advertising still hold their place but with the rise of the internet, social and digital media...
Franchise Relationships in the Romantic Month of Love
By Eric Parker February is known as the romantic month of love where couples are given the opportunity to communicate and affirm their love for each other i.e., enhance and build their relationship. This got us thinking that perhaps we should introduce Valentine’s...
What Does it Take to Become a Franchisor?
To franchise a business is a massive undertaking to provide detailed guidelines for the implementation of a franchise project would exceed the parameters of this article by far. However, the following text will answer the basic question: ‘Is my business...
The Franchisor’s Wheel of Success
By Eric Parker Potential and existing Franchisors are often searching for the correct combination of elements to ensure their success. In this article, Franchising Plus illustrates a “Wheel of Success” with descriptions to guide you in your franchise journey....
What Franchising is NOT
By Eric Parker We believe that franchising has the capacity to put people into business, help them become successful and reduce unemployment. This is precisely what our country needs and for this reason alone, franchising deserves the widest possible support. To...