Understanding franchising fees

When you buy a franchise outlet, you will be required to paysome fees to the franchisor – and you should understand what they are sothere’s no disappointment or later confusion.All franchis Read More

Franchising: a love affair – but is it dependent or interdependent?

Franchising involves a special kind of relationship distinctfrom any other you’ll likely ever enter. It goes beyond a business formatsystem and beyond a mere legal agreement binding two parties. Read More

Dunkin’ Donuts and Baskin-Robbins set to close in South Africa

American franchises, Dunkin’ Donuts and Baskin-Robbins have been open in the South African market for just over two years and have filed an application for the voluntary liquidation of these bu Read More

Cam-Era franchise signs 1st franchisee

After launching our franchise at the “Buy-a-Business Expo” in September 2018, we are thrilled to announce that we have awarded our first franchisee, Quinton Hattingh in Germiston. T Read More

‘What is my exit strategy?’

Apart from “How much money can I earn?” one of the most common questions asked by prospective franchisees is, “What will be my exit strategy?” There are many reasons for realising one’s ass Read More

Franchise trends to look out for in 2019

The following are a compilation of key franchising trends to look out for if you are thinking of expanding or considering buying a franchise in 2019. Some of them were discussed by Michael Vacy-Lyle, Read More

Get ready for the rebound in 2019

Most people, asked a few weeks’ ago what their New Year’s resolution for 2019 would be, would probably have said ‘To be out of recession’. Well, we already have that with a resounding 2.2% re Read More

Corner Bakery grows year-on-year-on-year!

CORNER BAKERY is probably most well known in the Engen Quickshops,in forecourts across Southern Africa – as the most convenient and delicious place for a premium pies, healthy snacks and an in Read More

3 Tips for stretching your festive spend

We all dream of the festive season being a magical time – although sometimes that magic seems to run out early as our wallets empty way too fast. But there are ways to be smart about your festive s Read More

It’s that time of year!  Time to make your business plans for the new year

As 2018 winds down, all the talk is already about year-end vacation. Franchisees might be forgiven for simply wanting to lock up shop and take a well-deserved vac – if you can afford one – aft Read More

A black warning for Black Friday – beware reputational damage

Retailers across South Africa are bracing themselves for a frenzied rush to their stores on Friday for the so-called Black Friday discount bonanza. They are unpacking additional stock, hiring extra st Read More

4 Top Tips to Find Your Best Franchise Opportunity

Richard Mukheibir, CEO of Cash Converters Southern AfricaThe SA franchise industry has grown its turnover by 55 percent from R465 billion in 2014, to R721 billion in 2017.Alongside this, the sect Read More

The three scariest things about being a franchisee

Halloween’s just around the corner, so it’s the ideal time to talk about the top three scary things that come with managing your own franchise outlet. There’s probably a reason you opted to Read More

Creating Jobs is Team Work

It takes stakeholders from across the business sector to cooperate in building businesses that can create jobs, says Cash Converters CEO RICHARD MUKHEIBIRFranchise sector contributed 15.7% to GDP in Read More

What makes Mochachos a dominant leader in the restaurant franchise industry in South Africa?

For over 23 years, it is a brand synonymous with healthy, spicy and flavoursome “big portion” meals. The menu captivates each member of the family not only for its flame grilled chicken, wholesome Read More

The future of franchising just got a little brighter

The future of the South African economy is uncertain – but a little less so today now that President Cyril Ramaphosa has delivered details of government’s stimulus package.‘Stimulus package’ Read More

Clean out, clean up – and win big!

Spring is on the way and Cash Converters is celebrating the season of renewal with a bigger than ever Spring Clean Sale – and this year it gives you two very different opportunities to cash in.The Read More

Reasons more women are becoming franchisees

The number of franchises in South Africa is growing by the year, and it’s likely as many as a third of them are now run by women. The figure’s vague and could be much more – as many more are Read More

Make your business the talk of the town

As the reach and versatility of social and digital media have expanded, they have achieved more than simply adding another useful channel to the marketing toolkit, says Richard Mukheibir, CEO of Cash Read More

Rating South Africa in the second-hand savvy stakes

South Africans are often accused of slavishly imitating international trends but, in fact, we adopt and adapt them with great ingenuity and individuality, says Richard Mukheibir, CEO of Cash Converter Read More

Everyone in business can contribute to youth development

Youth unemployment in South Africa is everybody’s problem, so we must make Youth Month a rallying point to tackle it afresh, says Cash Converters CEO Richard Mukheibir.“It is quite simple – we Read More

4 Top Tips for in-house smart E-Learning for better skilled staff

Wave goodbye to chalk-and-talk sessions – 21st-century staff training is smarter and better switched on to the way people work, learn and have embraced technology in their lives, says Richard Mukhe Read More

Ways to fund your franchise – but the franchisor isn’t one of them!

Franchisors are being regularly approached by potential franchisees who lack any capital of their own with which to acquire the franchise. That’s simply wasting everybody’s time: if franchisors we Read More

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 Read More

Cash Converters franchise: Making the debt collecting process less painful

All the signs are there that consumers are feeling the economic strain, from rising unemployment rates to this year’s recently reported falling retail sales, says Richard Mukheibir, CEO of Cash Conv Read More

Kip McGrath is expanding into Africa

IMAGINE…Waking up every day inspired to make the world a better place by helping children and earning enough money to live the life you wantTHIS IS THE FRANCHISE BUSINESS OPPORTUNITYWHO WE AR Read More

The franchising industry lends a hand to grow SMMEs

“We are at a moment in the history of our nation when the people, through their determination, have started to turn the country around. Now is the time to lend a hand…Now is the time for eac Read More

Become your dream boss!

Do you want an exciting job where you learn something every day, meet lots of new people and do not notice the time flying past? Those have been some of the delights of becoming your own boss for Jaco Read More

Domino’s Pizza Tracker is now SO much more!

The Pizza Tracker® allows customers to track every stage of their order in real timeNew Pizza Tracker® offers richer user experienceRevamped Tracker is available on web and mobileDomino’s Piz Read More

A+ Students Franchise at Global Abacus & Mental Arithmetic Championships

A+ Students is a Japanese method of education that teaches children as young as three years to solve complex arithmetic problems by playing with educational toys like the Soroban (Abacus) and the A+ Read More

Creative Minds Franchise has Developed a Course for Seniors

Marius Lubbe, Managing Director of education franchise, Creative Minds, believes that you have only two choices in life:To move forward,Or to stay where you are, which will make you move backwards Read More

The role of family support: Couples cope best, while married franchise owners outperform singles

February is the month of love… so this month we look at the role of relationships as a factor in entrepreneurial success. It turns out that a franchisee’s family is as important a support network Read More

Cash Converters Welkoms New Family Franchisees

A family that works together grows together, believes the Kruger family of Welkom. They opened the city’s first Cash Converters franchise in early December 2017 and are thrilled that within these f Read More

Mike’s Kitchen franchise to make a big return to South Africa

in January 2018, US-based private equity firm NRD Capital announced that it had bought the 45-year-old iconic South African family restaurant chain, Mike’s Kitchen.Who is NRD Capital?NRD are Franc Read More

The ABC of Franchising according to Taste Holdings

No matter how challenging the economy, entrepreneurs will continue to look for exciting new opportunities and viable businesses to invest in. The franchising industry offers plenty of these, making up Read More

Why SA business start-ups have such a high failure rate, and how franchising addresses these

Research by Moneyweb during the last 15 years found that 70-80% of small businesses fail within five years, and only about 1% of micro enterprises that started with less than five employees have grown Read More

What challenges does an aspiring franchisee face in choosing the right franchise?

Attending the annual Franchise Leadership Summit 2017, held on November 16th, was one delegate at least looking for information on how to find the right franchise to suit his particular needs. The con Read More

7 strategies to help rescue your holiday spend

If you are facing a January spending crunch, you are not alone. On top of demands for school fees and last-minute uniform or stationery requirements, you might also have an unexpected cashflow hangove Read More

Some trends to watch for in 2018

At the recent annual Franchise Leadership Summit 2017, the theme of which was ‘Exponential Growth’, CEO of FNB Business Mike Vacy-Lyle listed some of the changes which could underpin 2018:South Read More

First Cash Converters Franchise to open in Hermanus

Rudolph du Toit became so enthusiastic about shopping at Cash Converters that he bought a franchise, opening the first shop in the group in Hermanus on 8 December 2017.“I love second-hand goods and Read More

How to buy second hand safely – Cash Converters Franchise

The trend for buying vintage is thriving in South Africa and it has extended into smart shoppers buying well-selected, pre-loved or used items as gifts for family and friends at a second-hand store. C Read More

First time franchisees say they had wonderful support from the Cash Converters franchisor

Kim Broom and Africa Msimango took over the Cash Converters branch in Victoria Centre, Pietermaritzburg, on 1 November as part of the Kutana Group’s corporate social development.“Kutana’s leade Read More

Cash Converters thrives with the “reduce, reuse, recycle, repurpose” philosophy

With its number of stores expanding by almost 15% in 2017, Cash Converters’ strong growth has it bucking the uncertain SA economy that particularly bedevils the retail sector.By the end of November Read More

Do franchisees know how to manage staff?

In a recent interview concerning the pros and cons of male versus female franchisees, one franchise owner (Sandwich Baron) stated her belief that men were better at managing staff than women, because Read More

How to set goals as a franchisee

It’s Entrepreneurship Month in November, and we’re getting in a little early. There’s long been a debate whether franchisees are entrepreneurs, and there can be little doubt that apart from the Read More

Zebro’s Chicken Franchise gets a makeover

Known for its authentic braaied chicken and famous sauce, Zebro’s has revealed a new corporate identity and store look that is as South African and welcoming as a traditional braai.Zebro’s starte Read More

Spring cleaning your franchise helps market your brand

Spring Cleaning your business builds team spiritIt’s time to think laterally about spring cleaning your business, says Cash Converters CEO Richard Mukheibir – convert this seasonal chore into an Read More

8 Year Old Shows Why Maths Matters – A+ Students

With government set on lowering the pass rate and doing away with compulsory maths, it takes an eight-year old to show how important maths is in early childhood development by achieving a top ten plac Read More

New Cash Converters opens in White River

Nelspruit Cash Converters franchisee Graham Gillespie has great expectations of his new venture – a second Cash Converters franchise store. This one opened on 28 September 2017 in White River Square Read More

Kempton Park gets a new Cash Converters

Cash Converters franchise opens in Elgin Mal, Kempton ParkHusband and wife Clifford and Caela de Witt are thrilled to be making their dream of a family business come true with the opening of their ne Read More