What are your tips for franchisees when starting out?

A top tip for potential franchisees is that they must ensure that the business is geared correctly and that adequate funding is available to manage the cash flow during the first six to 12 months of opening the new business. Debt-ridden start-up franchises have a lower chance of success because unforeseen expenses often sink the […]


A top tip for potential franchisees is that they must ensure that the business is geared correctly and that adequate funding is available to manage the cash flow during the first six to 12 months of opening the new business. Debt-ridden start-up franchises have a lower chance of success because unforeseen expenses often sink the business during the first year or two.

Vera Valais
About the Author
Vera Valasis is the executive director of the Franchise Association of South Africa (FASA). Her experience in franchising spans over twenty years.

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