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#SAFranchiseFriday featuring Bosch Service

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BACKGROUND
When Robert Bosch founded the ‘Workshop for Precision Mechanics and Electrical Engineering’ in Stuttgart, Germany, in 1886, his aim was to develop high-end technologies. Through its 130-year history the company has been characterised by the innovative drive of its founder and today Robert Bosch GmbH is one of the world’s largest private industrial corporations.

Automotive technology forms one of the biggest corporate divisions within the Bosch group. Bosch Service is a leader in the automotive vehicle service workshop market with more than 17,000 certified workshops in 150 countries. Robert Bosch South Africa is a regional office of the Bosch Group.

THE CONCEPT 
Bosch Service dealers operate as an independent network of workshops who, while able to provide the assurance associated with a household name, is also small enough to care. The Bosch Service model accommodates both the establishment of new workshops and the conversion of existing ones. It must be noted that the inve…

#SAFranchiseFriday featuring The Bed Shop

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BACKGROUND
Dynamic Bedding (Pty) Ltd is the franchisor and exclusive supplier to The Bed Shop franchise network, which was established in recognition of a market need for a dedicated channel to market in the retail bedding industry. The first franchise store was opened in Bloemfontein in 1994 and today Dynamic Bedding (Pty) Ltd is the largest specialist bed retailer in southern Africa.

The philosophy envisaged by Dynamic Bedding has never changed, “To deliver a quality product, direct from the factoryto the public on a national basis, at the best possible price.”

To fulfill the group’s vision, The Bed Shop franchise concept was created to provide a dedicated, nationwide distribution network. Today, with 100 franchise outlets and agencies, Dynamic Bedding is the biggest factory-to-market bedding specialist franchise in South Africa.
THE CONCEPT 

Every outlet has its own distinct ‘flavour’ designed around the particular needs of their specific trading environment, but what really sets Th…

Vodacom and Innovator Trust launch Youth Entrepreneurship Programme

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On 8 November 2017, Vodacom and Innovator Trust unveiled the Youth Entrepreneurship Programme (YEP), aimed at equipping local unemployed youth with the requisite set of skills to become cutting-edge entrepreneurs. The tailor-made youth entrepreneurial programme aims to drive innovations and create job opportunities that could bring significant changes to the local economy.

To kick it off, Vodacom and Innovator Trust are offering 10 unemployed youth, based in Gauteng, who graduated from the Vodacom Academy Programme a spot in the programme. During the period of six months, the qualifying youth will receive business training from experienced facilitators and gain insight into business acumen.

Takalani Netshitenzhe, Chief Officer: Corporate Affairs at Vodacom commented: “South Africa’s youth unemployment statistics are shooting through the roof, with the unemployment rate for under 25s at 67.4%, showing that two out of three South Africans aged 18 to 28 are unemployed. As a company with…

Cash Converters bucks the economic trend

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With its number of stores expanding by almost 15 per cent in 2017, Cash Converters’ strong growth has it bucking the uncertain SA economy that particularly bedevils the retail sector.

By the end of November, the company will have opened 11 new stores this year. Representation in Mpumalanga has doubled to four and a third store has been opened in Namibia. New stores are being added both in the company’s strongholds such as Gauteng as well as in more sparsely represented areas, such as the Garden Route and Free State, says Cash Converters CEO Richard Mukheibir.

New franchisees range from Namibian TV personality and Generations star Dalton Ashikoto in Windhoek to business-school graduate Eric Nkosi in Middelburg. Two husband-and-wife teams have taken up the franchising challenge at Germiston and Kempton Park respectively on the East Rand.

“We are well into the company’s expansion plan and aim to add a further 20 stores to the network in 2018 and another 20 in 2019,” says Mukheibir. “Buy…

#SAFranchiseFriday featuring Chicken Xpress

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BACKGROUND
Chicken Xpress is a franchise designed by Africans for Africans and in the true spirit of franchising Chicken Xpress franchisees are in business for themselves, but not by themselves. Driven by their passion for building a truly African brand and with a no frills, no fuss approach, their street-smart leadership team has developed a franchise model that is truly accessible to all.

Their streamlined business model with its established operational system affords franchisees the opportunity and ease of mind to become multi-unit operators. Their affordable set-up cost is geared to ensure that they achieve their objective of growing their brand footprint and establishing multiple stores in every region across South Africa.

THE CONCEPT 
Chicken Xpress is a truly South African brand with its values firmly grounded in the local community. They have gained a reputation for serving their ‘full-o-flava’ fried chicken in a fun, energetic and convenient setting. Applicants have a choice a…