FREE TO READ | Franchising may hold key to revitalising economy

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It pays to do your homework before starting a business, and we offer comprehensive tips for opening a franchise

SA's economy can only benefit if more people go into business for themselves. Picture: Sunday Times/123RF/KarandaevWith the economy sluggishly recovering from Covid-19 while being pummelled by load-shedding and interest rates at a frightening 14-year high, the prospect of going into business for oneself is understandably a little daunting.

We also look at the experiences around restaurant franchises, such as Nando’s, Steers, Ocean Basket and Spur, and we circle back to the employment question with a look at how the great resignation, though muted locally compared to countries such as the US, has made an impact on the franchising sector.

 

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