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GRAPEVINE NEWS
What does the VAT increase mean for you?
The most significant and imminent impact of the 2018/19 Budget on small businesses such as franchises was the announcement of a one percentage point increase in value-added tax (VAT) from 1 April. For many businesses 1% may not seem a significant increase, but it is to any franchise focused on lower income consumers. Nonetheless, all franchises are likely to see ...
FRANCHISE SUCCESS STORIES
Zanele Shazi, Sherpa Kids Franchisee Success Story
Franchise: Sherpa Kids
Franchisee: Zanele Shazi
Area: KwaZulu-Natal HighwayAbout Zanele
Zanle Shazi, new franchisee of Sherpa kids believes that owning a Sherpa Kids franchise and taking care of children, their future and giving them an enriching experience goes by her philosophy of taking good care of all that is entrusted in her.
Zanele has a background in accounting and auditing and is therefore well-educated in taking ...
EXPERT ADVICE
How to market locally – the franchisee’s role in marketing the business
Success or otherwise of a particular retail franchise depends primarily upon each franchisee’s local marketing efforts. When a franchisee markets his or her business among the local community, of course it has to dovetail with the corporate/franchisor marketing strategy. Failure of a franchise outlet is all too often the result of a franchisee believing he has bought a business for ...
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