Franchising Expo showcases business opportunities
Gallagher Estate in Midrand will again host the popular Franchise & Business Opportunities Expo (FBOE), from 7 – 10 September 2006. Now in its 14th year, FBOE is the definitive meeting place for entrepreneurs seeking new business opportunities and franchisors and companies offering such opportunities.
According to the most recent government funded survey on franchising, the FRAIN Franchise Census 2004, the franchise sector turns over R129.2 billion per annum, contributing 10.7% to GDP and employing 259 819 people (an average 10 per outlet). It also reveals that there are 391 franchised systems in South Africa and 22 764 franchise outlets.
When you consider these figures alongside the reality that franchised starts have a mere 8% risk of failure compared to 85% for unfranchised start-ups, it is plain to see why franchises are such attractive propositions for those who want to be in business for themselves but not by themselves.
FBOE 2006 will showcase franchise opportunities across a wide variety of sectors, including: Automotive Products and Services; Building, Office and Home Services; Business to Business Services; Entertainment and Leisure Activities; Fast Food and Restaurants; Financial Institutions; Financial Products and Services; Health and Body Culture; Manufacturing; Pub Concepts; Professional Services; Real Estate Services; Retail and Direct Marketing; and Website Based Services. Other exhibitors include service providers to business, publications and media serving the business markets and providers of professional services.
Of the 22 764 franchise outlets in South Africa, more than 10% (2357) are in the Automotive sector. Among the franchise opportunities that will be offered at FBOE 2006, are those of exhibitors Battery Doctor, Chipsaway Southern Africa and Safe Drive.
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