Franchise sector will continue to trade resiliently into the new year & beyond.
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For the franchise sector, last year was a year to regroup, re-strategise and come back stronger after being badly impacted by two years of the pandemic, followed by the July 2021 riots and later floods in KwaZulu-Natal, says Freddy Makgato, the CEO of the Franchise Association of South Africa (FASA).
He said franchises in particular, by virtue of their ‘strength in numbers’ and their solid support mechanisms, were showing signs of recovery, and the sector remained one of the most resilient.
He said franchises in particular, by virtue of their ‘strength in numbers’ and their solid support mechanisms, were showing signs of recovery, and the sector remained one of the most resilient.
