Franchise sector in South Africa 188 billion rand still accounting for only 12% of gross domestic product
In SA franchising is not legislated
* Consumer Protection Bill
* Competition Act
Technically outlaws franchising
Key areas not legislated
Changes FASA’s complexion
Growth requires regulation
Two investor groups expecting FASA to
play a protective role
* Franchisees and prospective franchisees
* Financial Institutions
FASA – in its 28th year
* Initiated by franchisors
* Currently – 145 franchisor members and 45 service provider members
* 5 full time staff
* Income streams
o Membership fees
o Book sales
o IFE profit share
FASA’s vision and mission statements
To be the acknowledged authority for franchising in Africa
To protect, promote and develop ethical franchising in South Africa
Franchise sector in South Africa 188 billion rand still accounting for only 12% of gross domestic product.ppt
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