Cape Town – The Franchising Association of Southern Africa (Fasa) would launch a programme for potential franchisors in townships and rural areas within two months, Kobus Oosthuizen, the chairman, said yesterday.
The programme aimed to develop and grow potential franchising opportunities in underrated areas, by providing the intellectual property needed to run a successful franchise and to train them to have the necessary competencies, Oosthuizen said.
The organisation would identify businesses that had a franchisable concept. If owners wanted to expand franchise opportunities and come on board to create opportunities in townships and rural areas, they were welcome.
The target was to establish 20 franchisor entities a year. The programme would start in Gauteng and would roll to other provinces over time, he said.
Fasa and its members Business Place, the National Empowerment Fund, the Umsobomvu Youth Fund, four big commercial banks and the Small Enterprise Development Agency, had each contributed about R200 000 towards this programme.
Fasa has held talks with the department of trade and industry in the hope that the department would assist with R4 million for sustaining the programme.
“Bearing in mind the pressing need for more jobs in our country and the fact that franchising is a good source to secure jobs, we are sure that government will recognise the value of the Fasa project and support us in this,” said Oosthuizen.
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