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GRAPEVINE NEWS
Understanding franchising fees
When you buy a franchise outlet, you will be required to pay
some fees to the franchisor – and you should understand what they are so
there’s no disappointment or later confusion.All franchisees should expect to pay for the privilege of
using the franchisor’s brand name and continuous support. This will come in the
form of a one-time fee like the initial franchising fee ...
FRANCHISE SUCCESS STORIES
Mariska Roux, Kumon Education Franchisee Success Story
Franchisee: Mariska Roux
Franchise Name: Kumon Education
Location of Franchise: Constantia Park Study Centre, Pretoria
Why did you go down the franchise route?
I’ve always wanted to own my own business. my parents owned a retail franchise for 10 years, the hours of the Kumon franchise is much better than retail.
Why did you choose your franchise?
I was doing Kumon as a scholar, thus when ...
EXPERT ADVICE
Understanding the true heart of the franchise relationship – maintaining standards
When a problem occurs in franchising – if there is one – it comes
from inaccurate notions about the nature of the franchisor-franchisee
relationship. There has been litigation in the US after franchisors have not
renewed a franchise at its termination – leaving the franchisee with nothing
but their equipment. They can’t use the brand name, their clientele and not
even their experience if there ...
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