What is your best advice for franchisees?

Do not take on too much debt and thereby over-gear your business. Also ensure that you have adequate working capital. This will safeguard the business against unexpected reductions in turnover possibly as a result of economic downswings.


Do not take on too much debt and thereby over-gear your business. Also ensure that you have adequate working capital. This will safeguard the business against unexpected reductions in turnover possibly as a result of economic downswings.

Andre Rosslee
About the Author
Andre Rosslee is the general manager of Absa Retail and Business Bank.

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