Franchising is the fastest growing industry in the country and includes a franchisor (seller of a concept / business) and a franchisee (buyer of concept / business). Many successful entrepreneurs later decide to franchise their idea, thus sharing their success with others, but also earning money from it.
Opportunities include food shops, phone shops, postal services, vending machines, consumer products, general office services, educational services, imported clothing, health products, restaurants etc.
The prospective franchisor normally assists the franchisee in all matters relating to starting up the acquired establishment. A predetermined ongoing royalty is payable to the franchisor. The franchisor is normally responsible for nation-wide advertising and other related functions.
The workplace will generally be the business premises of the franchise concerned, though some businesses can be run from home.
Schooling & School Subjects
National Senior Certificate meeting requirements for course
Degree, diploma or certificate in field of Accounting, Entrepreneurship, Business Management etc. at institutions such as NMMU, US, universities of technology.
Any company selling franchises
The Franchise Association of South Africa