| Exciting New Franchises added to Franchise Finder.co.za |
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Supakids is fun home-based business opportunity in SA that specialises in organising kiddies parties from start to finish.
Franchises start at R110 000.00 incl. Vat |
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The Handyman Group offers franchise opportunities in the home maintenance, renovations and building industry.
Franchises start at R600 000.00 |
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Eish2o provides a platform for aspiring entrepreneurs to take advantage of one of the fastest growing industries on the planet - water purifiers and dispensers.
Franchises start at R 85 000 plus vat. |
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| Franchise Feature |
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The Tax Shop is a unique concept in S.A. - the provision of taxation and related services to the general public in the most convenient and cost-effective manner.
This concept has grown rapidly in the USA and Europe in recent years and the demand for services offered by tax-related businesses overseas definitely exists in South Africa too. The general public has traditionally found it difficult to deal with taxation and related matters in a cheap and convenient manner - for professional results, such services have traditionally been sought from professional accountants. While taxation can be a complicated field of expertise, most of the taxation work related to salaried individuals is very straightforward. Similarly, tax and related registrations (VAT, EMP, CCs, PTYs etc) are very simple and do not need to be handled by someone who charges professional rates.
The Tax Shop is able to offer professional taxation, corporate registration and insurance services to individuals and small entities at a fraction of the cost of professional rates, while delivering a totally competent and secure service. For more information, visit our website at The Tax Shop
Franchises start at R50,000
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| Where to look for New Business Ideas: Unique and Interesting ideas from 2 websites that scan the globe for hot new business concepts and trends. |
| The Tax Shop |
Springwise.com
Springwise and its global network of 8,000 spotters scan the globe for smart new business ideas, delivering instant inspiration to entrepreneurial minds from San Francisco to Singapore. Time to start the Next Big Thing!
Trendwatching.com
Trendwatching.com, the sister site of springwise.com, is an independent and opinionated trend firm, scanning the globe for the most promising consumer trends, insights and related hands-on business ideas. For the latest and greatest, we rely on our network of 8,000+ spotters in more than 70 countries worldwide.
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| Points to consider when purchasing a Franchise |
Purchasing a franchise is an investment in your own business and therefore it carries a risk, like any other investment. In this newsletter, we'll look at the following factors that you should consider before purchasing a franchise.
Demand
Is there a demand for the products or services offered by the franchise? Is there a demand in your area or in the area that you plan to operate the franchise? Research this carefully by talking to people in the area, doing surveys in the area and looking at whether there are similar businesses in the area and how many. If there are no other similar businesses in your area it doesn't necesarily mean that there isn't a demand, it may just mean that no one has caught onto the idea or that no one has the means or technology to run that type of business in your area.
Training & Support
This is one of the most important points to consider. Ask the franchisor what type of training is given and for how long? Is it hands-on learning, lectures, computer -based learning or a mixture of various types? Does the franchisor have formal training or a degree in this type of business? Will you as the potential franchisee be able to run the franchise successfully without any formal training? Or should you preferrably have a background in this particular business area? What about ongoing support, is this offered? Is their someone that deals purely with support issues? Or will you have to wait hours or days to get some assistance? Make sure these points are covered in your franchise agreement.
Competition
Is this market saturated? Or is there still room for growth? How does the franchise measure up to other businesses in the area offering a similar product or service? What does the franchise offer that is unique or different to that of the competition? If there are similar businesses in the area it is important that you can offer something "more!"
Your Ability to Operate the Business
Before you buy a franchise, ask yourself the question - If the franchisor and the franchise system fails, will I still be able to operate this business under a new name, without the support from a franchisor? Having said that, it must be remembered that franchises are less likely to fail than a stand alone business.
Name Association
Buying a franchise usually means instant recognition and an association with particular products and/or services. So before purchasing a franchise, ask yourself how widely recognized the franchise is? ie. throughout South Africa or just within certain provinces or not at all (it could be new). Ask the franchisor how long it has been operating, how many franchises are there in South Africa and in which provinces? Find out whether the products or services offered are professional and of good quality.
Franchisor's Experience
Is the franchisor new to franchising? You need to be confident in their ability to run, manage and grow a franchise system. A person may be new to franchising however they may be an exceptional business person with a large amount of experience in running their own business for a number of years beforehand. For franchisors who are new to franchising and are also new to running a business, be sure to ask as many questions as possible and have a thorough franchise agreement in place.
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| Get Listed on Franchise Finder |
By listing your franchise on our website, you not only improve your online presence and brand visiblity, but you also put a different type of advertising to the test. Entrepreneurs, both young and old are becoming more and more technologically savvy and are searching the web for opportunities and information, more often. So by having your franchise information listed online, and on a variety of web-based sources, you are essentially delivering information to those who are searching for it!
To list on Franchise Finder simply contact us or Email us for a booking and info form. |
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