The following excerpt is from Mark Siebert’s book The Franchisee Handbook: Everything You Need to Know About Buying a Franchise. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound Franchises are systems that have been tested and refined and tested again. And gaining access to that system gives you, as a franchisee, the ability to start faster, reduce your initial investment, and avoid mistakes.
PoPIA Act Training The Protection of Personal Information Act (POPIA) What is POPIA? POPIA is legislation that sets conditions for the lawful processing of people’s personal information. Its far-reaching nature applies to any person or organisation storing any type of records relating to the personal information of any person. POPIA aims to keep people’s personal information secure, and protect them against identity
Where does the word Franchise originate from? The word “franchise” is of Anglo-French derivation, from franc, meaning free, and is used both as a noun and as a (transitive) verb. Difference between Franchisor and Franchisee? Franchisor is the business that can replicate their business model. Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business
The franchise community extends its heartfelt condolences to the family, friends, and colleagues of Rajen Reddy the “champion of black economic empowerment and job creator” died after a month-long battle in an intensive care hospital unit. Robin van Rensburg, Franchise Consultant that worked close to Mr. Reddy, franchising his brainchild, Ko-lay Home of Chicken, gave this tribute to a respected
“The only thing worse than training your employees and having them leave is not training them and they stay” The most powerful by-product of increased performance and engagement through training is improved employee retention. When employees have received training constantly, they have an increased feeling of value and loyalty. Training has specific goals of improving one’s capability, capacity, productivity, and performance. It forms the core of being competent
“Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” — Earl Nightingale. He is not wrong – time will go on just the same, no matter what we do with it. Instead of focusing on how we spend that time, find a way to get what you
We are dealing with trademarks daily, also referred to as Brands. For example, Coca Cola, Xerox, and KFC. How many times have you chosen a brand due to the reputation of the brand name? It is important if you are a business owner to understand that trademarks are an important asset to grow their business. If you have decided to