Franchisor Plans To Grow Emerging Entrepreneurs

March 16, 2007 by Mark | 0 Comments

Busrep:

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Cape Town - The Franchise Association of SA (Fasa) yesterday launched an emerging franchisor initiative for prospective franchisees and small business owners, said chairman Kobus Oosthuizen.

Oosthuizen said Fasa held a Cape Business and Franchise Opportunities show for entrepreneurs who had developed a franchise or business concept that they wished to offer to prospective franchisees and small business owners.

The educational aspect of such shows underscored the commitment of the organisation to encouraging as many people as possible to consider the option of self employment, said Oosthuizen.

The emerging franchisor initiative would result in financial resources and mentoring facilities being committed by Fasa and stakeholders such as financial institutions and government agencies.

The programme would offer assessments of possible candidates who had a viable business concept, funding, legal advice and ongoing mentoring.

The programme would include monitoring for a period of two years, said Oosthuizen.

“Although Fasa has 470 franchise systems, with 25 870 franchised outlets providing jobs to about 375 000 people, there is room for many more franchise systems to be developed.

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