What to expect and do when buying a franchise.
Franchising in South Africa has in recent years become a preferred investment for entrepreneurs and financing institutions with franchising contributing around 12,5% towards South Africa’s GDP, nonetheless, as with any investment the key is to know what you are getting yourself into. More often than not, buying a business is an emotional and overwhelming experience, especially for first time buyers due to the fact that they do not know what to expect, what questions to ask or what aspects to focus on to make an informed decision. The following tips might assist in making the decision somewhat easier for potential franchisee’s. (more…)