frnachisees

As the South African economy continues to navigate economic challenges; the knock-on effect on consumers is one of the main issues keeping new franchisees awake at night. Morne Cronje, Head of Franchising at FNB Business says “despite the resilience of the franchising sector which contributes almost 12% to South Africa’s GDP; and generated a projected R493-billion turnover in 2016; new franchisees are cautiously observing the economic headwinds and their anticipated impact on profit … [Read more...] about Challenges faced by new franchisees