« Back | Home » Business & Finance » Business:General » Entrepreneurship » Franchisee
Franchisee
Franchising is the fastest growing industry in the country. A franchisee is the person who buys a concept/business from the franchisor (seller of concept/business). Many successful entrepreneurs may decide to franchise (or sell) their idea, which results in them not only sharing their success with others, but also earning money from it.
Opportunities include food shops, phone shops, postal services, vending machines, consumer products, general office services, educational services, imported clothing, health products and many more.
The franchisor usually helps the franchisee in starting up the acquired establishment and is usually responsible for nationwide advertising. The franchisor is also paid a pre-determined ongoing royalty (which is a percentage of the turnover) and marketing royalty.
Where to study:
Universities: NMMU, SUN, CUT, Vend
Universities of Technology: CUT
College: SC
FET College: Sekh
Companies to work for:
Self-employed or any companies selling franchises
Click here to read about a successful franchisee
Useful Information
show
show
show
show
show
show
show
|
Career Snapshot Franchisee |
In Demand
|
Qualification Required |
|
Work Outdoors |
|
Maths Required |
|
Science Required |
|
This is a general guide - it is important to check admission requirements with the various training institutions first because entry requirements may vary.
|
196.7.127.15