Why some franchises fail – Morne Cronje

A number of franchises have been shut down recently due to tough economic times. Business owner got into the franchising market because it was regarded as one of the resilient sectors in the economy. According to The Franchise Association of South Africa, Franchises contribute approximately 13,3% to South Africa’s GDP.
Thus, people might consider the route of owning a franchise in their entrepreneurial journey.

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