That’s according to Franchise Association of SA executive director Vera Valasis, who was speaking to City Press at the 21st International Franchise Expo in Durban this week.
This means small investors who sink their savings into a franchise have few places to turn to if they get a raw deal or the business goes belly up, which happens on a “fairly regular basis”. Like the rest of the economy, Valasis said the franchising sector was facing tough trading conditions. Billy Constantinou, a franchise broker specialising in restaurants, believed many of the bigger franchises were arrogant and dictated terms, while some of the smaller ones were “almost chasing short-term joining fees and royalties”.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Newly established security association wants to shake up industryThe Association of Private Security Owners of South Africa (Tapsosa) was launched on Thursday.
Herkunft: ewnupdates - 🏆 30. / 53 Weiterlesen »
Taxi industry in SA is giving some commuters PTSDAbusive and law-breaking taxi drivers rule at the ranks and on the roads, leaving their paying customers powerless, a study reveals.
Herkunft: TheCitizen_News - 🏆 6. / 75 Weiterlesen »
FACT CHECK - ANALYSIS: South African industry falsely blames job losses on sugar taxEven before the sugar tax was introduced, key stakeholders in the sugar industry were arguing that it would cause massive job losses. Now, less than a year after its implementation, there are calls for a moratorium on the tax.The argument is that the tax is directly responsible for the loss of anything from 1,000 and up to 10,000 jobs. In reality, there is no firm evidence to support that claim – and the industry faces much greater challenges. Yeah bt it was about tym they implement that law. Food companies r killing us with so much sugar in food! They don't even disclose true information of their products so we can't even choose 2 buy healthy groceries! 20 years is a very short time to have half the population obese They shud also control the amount of chemicals we consume nd have some banned. What is happening in SA is crime against humanity
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Fishing industry warns government over allocation of rightsA chairperson says the fishery is South Africa’s most valuable and it is transformed, sustainable, and internationally competitive.
Herkunft: TheCitizen_News - 🏆 6. / 75 Weiterlesen »
Draft bill aims to police insurance industry in dealings with publicFairness to both consumers and institutions sought as integral part of the law
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
SA automotive industry ‘needs wholesale changes’Ford SA says the Automotive Production and Development Programme must be part of a broad economic restructuring to be effective 41% of car costs are tax and this bollucks is the stuff they say needs to change . Consumer is first in their plans obviously .
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
Fishing industry warns of consequences if govt blunders rights allocationsWith annual sales of R4.5 billion, deep-sea hake fishing accounts for 45% of the entire commercial fishing industry contributing about R6.7 billion to the economy. Including the allocation to the Chinese whom I would like think are stealing our fishing resources
Herkunft: ewnupdates - 🏆 30. / 53 Weiterlesen »