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South
African Franchise Information
Franchising
in South Africa has began to develop and the franchising sector of
South Africa is starting to make an impact on the markets.
There are many advantages to
franchising and this makes setting up a
franchise a viable option for
many entrepreneurs and businesses.
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A franchise is the perfect
option for someone who wants to enter the business world, but they do
not want to have the risks of starting their own business. A franchise
is a way for an entrepreneur to enter the business world without having
the risks associated with his/her own business.
Whether you decide to start a car wash franchise or a fast food
restaurant, the option is available to you.
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Popular Franchise
Articles
What is a
Franchise?
It is important to start with the basics and in this case, the first
step should be to understand what a franchise is and how franchises
work. This article will explain what franchise are and how they operate.
Types of Financing
After learning how a franchise operates the
next question will be financing the franchise. Most franchises require
a set up fee or an initial fee (which is not cheap). The fee depends on
a number of factors such as the size of the franchise etc. Obviously
financing is required, but the franchise company will normally assist
in setting up franchising for your new business venture.
Franchising compared to
your own business
Franchising does not suit everyone, and that is why some people will
decide to open their own business instead of a franchise. Franchising
has a number of disadvantages such as limitation set out in the
franchise agreement. This article tabulates the differences of a
franchise to your own business which is very useful when deciding what
the best option for you.
Choosing
a Franchise Opportunity
South Africans have the luxury of being exposed to hundreds of
franchise opportunities. The problem is that with so much choice it
makes it hard to choose the right franchise opportunity that will suit
your needs. There are a number of factors that need to be considered
when choosing a franchise opportunity.
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