FASA and Absa cordially invite you to the media launch of the Franchise Association of South Africa’s 2023 Franchise Survey
Submitted by: MyPressportal TeamTHEN AND NOW... HOW HAS FRANCHISING FARED AND ARE WE ON THE ROAD TO RECOVERY?
The past four grueling years – that included the debilitating effects of the Covid-19 lockdown regulations, flooding and the July 2021 riots and looting, coupled with ongoing political turmoil and economic strain – prompted FASA to commission, in association with Absa, a survey on the health of the franchise sector, the challenges that both franchisors and franchisees faced and more importantly what lies ahead for the future of this important sector.
Then... the 2019 FASA Franchise Survey showed that whilst the industry was taking strain due to the slowing economy, franchising contributed 13.9% to the country’s GDP (R734 billion) through its 813 franchise systems and its 47 923 outlets and employing, directly and indirectly, almost 500 000 people. It showed a solid performance despite tough economic conditions and was a testament to the tenacity of this unique business format.
Now... we invite you to come and hear the results of this definitive survey, meet the board of FASA and other key franchisors that participated in the survey.
Date: Friday 29th September 2023
Time:
- 09h45 ~ Arrival & Registration
- 09:30 - 10:00 ~ Register, arrival and welcome refreshments
- 10:00 - 10:30 ~ Coffee, tea and breakfast
- 10:30 - 12:00 ~ Welcome
- Programme Director
- Absa Representative - James Noble, Head: Wholesale, Retail &
- Franchise Business, Absa
- Fasa Representative - Freddy Makgato, CEO, Fasa
- Survey highlights - Margaret Constantaras, Research EQ
- 12:00 - 13:00 Networking and any further interviews
Venue: 15 Alice Lane,
Sandhurst, Sandton
R.S.V.P. Giuli Osso
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Cell: 083 377 6721
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