Get All Access for $5/mo

(Watch) No Need To Learn From Scratch There is one thing every business owner in every industry can be sure of, and that is making decisions. Starting and running a franchise can be daunting and franchisees are faced with a myriad of decisions at every turn.

By Nedbank Franchising

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur South Africa, an international franchise of Entrepreneur Media.

Bigstock

Nedbank Franchising – Dalene Rowe, Emerging Payments

There is one thing every business owner in every industry can be sure of, and that is making decisions. Starting and running a franchise can be daunting and franchisees are faced with a myriad of decisions at every turn.

Every business has unique qualities based on its specific location, customer demographics and so forth, which means no two franchisees will experience the same business scenario.

It is possible, however, to have a business partner with a network across many industries. At Nedbank we are in the very fortunate position to work with franchisees and franchisors across a variety of industries, which enables us to learn from many business owners and to share our knowledge with all members of the franchise community.

Having an experienced team of specialists is often the key to a franchised business obtaining maximum return on investment as early as possible.

As the Nedbank Emerging Payments and Franchise team we embark on a journey with our clients to co-create solutions that ensure new and existing franchisees are equipped to flourish as quickly and as sustainably as possible.

Understanding customers is critical for any business and we have created a big data analytics solution that gives our franchisees access to data that only a bank has.

We can assure you that the solutions we build give clients what they need to not only grow, but to thrive.

Want to know more about Emerging Payments? Dalene Rowe, currently heading up the Business Commercialisation for the Emerging Payments team at Nedbank Franchising, covers more in this video.

Nedbank recognises the contribution franchising makes towards growing South Africa’s economy. Nedbank Franchising is all about partnerships – a concept we pioneered in the area of business banking in South Africa. With our client-centred philosophy ‘partnering with you to grow your franchise’, Nedbank Franchising offers clients a banking partnership founded on our willingness and ability to understand your franchise and provide you with a solution-driven service. Our unique approach allows us to deliver, through a single contact point, an integrated franchising solution centred on three key principles: localised decision-making with national support, access to specialised expertise and customisation.
Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Entrepreneurs

26 Of The Richest People in South Africa

Here are 26 of South Africa's richest people, but how did they achieve this level of wealth? Find out here.

Starting a Business

300 Examples Of Business Ideas To Help You Start A Successful Business

Are you looking for a business idea? But you want to make sure it's profitable first? You can learn from these 300 businesses to ensure your start-up launches on the right foot.

Business News

Barbara Corcoran Says the Best Entrepreneurs Are Good at This One Thing

Real estate entrepreneur and investor Barbara Corcoran says a few key traits prove effective when starting a business. Here's her top pick.