While some South African franchisers and franchisees suffered or even went out of business during the recession, other brands used the economic downturn to build their presence in the market.
Vera Valasis, executive director of the Franchise Association of South Africa, said feedback from members indicated that the industry had survived the recession relatively intact.
“Household name brands have performed well during the recession, as they go out of their way to understand the changing needs of their consumers. As a result, they are able to ensure that their brands evolve in accordance with consumer needs,” Valasis said. Read full post here.
Make residual income by providing online page one organic results that every small business needs to grow.
Start a local Social Media and online reputation business. No experienced needed! Only $99 to get started.
A internet marketing business system designed for you to be successful in your online business.
Be a part of the number one growth industry while securing your future with residual income.
Millions of people retire in poverty - but it doesnt have to be this way!
Amazing opportunity for only $500 in an industry that is prime for sales.