Business Matters | Franchising | 12 October 2021

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[ICYMI] Do you know what factors to consider before buying a franchise? Watch BusinessMatters on Franchising here: BusinessMatters in association with Nedbank

Have you ever considered ditching your 9 to 5 job to start a franchise? Many people have chosen this path, but few understood the level of commitment required. This week on, we take a look at the South African franchising environment and how lucrative it actually is.

 

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Nedbank The first factor to remember is that the franchise copy is in business to make money for themselves not you. Franchise fees are based on turnover and not on your bottom line so they can impose any additional expenses to your business without affecting the fees they collect.

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