What is a Franchise?
Franchising is based on a marketing concept that can be adopted by an organization as a strategy for business expansion.
Franchise Registration In South Africa
In terms of the regulations promulgated in terms of the CPA (CPA Regulations), a prospective franchisee must be provided with a disclosure document,
setting out specified historical and financial information about the franchisor, and a copy of the franchise agreement, at least 14 days before the agreement is signed.
Are franchises profitable in South Africa?
Make money – A franchise business can be very profitable. Well-known brand – Many well-known franchises have very wide brand-name recognition.
When buying a franchise you are almost guaranteed to have an immediate customer base.
How do I get a franchise license in South Africa?
Online Self-Test.
Set your budget.
Choose a franchise industry.
Choose a franchise.
Apply to find out more information from the franchisor.
Sign the franchise agreement.
Sign lease agreement and pay rental deposit.