What are the steps to owning a franchise?

To get started in franchising you will need to: Ensure you have the minimum initial payment required by the franchisor, or ensure you qualify for financing from a financing body Do thorough research to find the right franchise suited to you. Your research will also uncover the stability of the franchisor Pass the franchisor’s screening […]


To get started in franchising you will need to:

  • Ensure you have the minimum initial payment required by the franchisor, or ensure you qualify for financing from a financing body
  • Do thorough research to find the right franchise suited to you. Your research will also uncover the stability of the franchisor
  • Pass the franchisor’s screening tests, conclude legal agreements
  • Source a location (often times the franchisor will assist you in this process), participate in training and open shop

 

Franchise Zone
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Franchise Zone is published by Entrepreneur Media SA. It offers advice and franchising opportunities in South Africa.

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