Latest news with #WorldFranchiseDay
TimesLIVE
13 hours ago
- Business
- TimesLIVE
Some good news, please
As a South African, it's easy to feel worn down by bad news. Corruption, unemployment, crime, service delivery failures – the list goes on. However, this is what makes the franchising sector, of all things, such a glimmer of hope. By connecting entrepreneurs with established brands and proven systems, South Africa's hundreds of franchise outlets create employment for tens of thousands of people and contribute massively to our economic output. It's an engine for small business growth, which is ultimately what will lift our country out of the bad news and into a brighter future. We kick off this issue of Franchising with the Franchise Association of South Africa, looking at the facts and figures of the sector's economic contribution, along with the organisation's plans and partnerships to grow this throughout the coming year. With supply chains once again in the spotlight due to the impact of the United States' tariff war, we consider the question of who controls the supply chain in a franchise arrangement and how this can impact business operations. We examine social franchising, which takes the principles of franchising and applies them to social upliftment causes and learn some lessons from the rebranding of seafood restaurant John Dory's. To wrap up, we look at World Franchise Day and some of the top business performers across the country. Because we all deserve a little good news, don't we? Browse through the full magazine below (zoom in or go full screen for ease of reading):
Yahoo
a day ago
- Business
- Yahoo
Reshift Media celebrates inaugural World Franchise Day
Award-winning franchise marketing company plays pivotal role, partnering with World Franchise Council to develop global marketing strategy NEW YORK, June 9, 2025 /PRNewswire/ -- Reshift Media, the leading digital marketing agency for franchise brands, proudly celebrates the first-ever World Franchise Day, to be observed on June 11. The agency played a central role in developing the marketing strategy and on-the-ground tactics for this global awareness event, working in close collaboration with the World Franchise Council and the Canadian Franchise Association. "World Franchise Day gives us the chance to shine a light on the tremendous value franchising brings to our local communities and the world," said Steve Buors, co-founder and CEO of Reshift Media. "We're honored to be part of this historic moment and thrilled to continue contributing to franchising's bright future." Spearheaded by the World Franchise Council, World Franchise Day is a global initiative designed to celebrate the global success of the franchise model—and to highlight its widespread impact. The goal behind World Franchise Day is to raise awareness regarding franchising's positive economic impact, its proliferation of jobs and ownership opportunities and the range of services offered to local communities. As a long-time advocate and marketing leader within the franchise industry, Reshift Media played a key role in providing behind-the-scenes leadership for this initiative. "Having worked with hundreds of franchise companies around the world, we are continually impressed by the enterprising spirit and incredible innovation we see from franchisors and franchisees," Buors said. "This is an industry that does a lot of good and is often underacknowledged—which is why World Franchise Day is such an important initiative." As part of the leadership team behind World Franchise Day, Reshift Media helped develop the marketing strategy and execution plan to introduce this initiative to a global audience. Reshift Media is known as a premier marketing partner within the franchising space, helping franchise systems grow through tailored digital outreach and proprietary software solutions. In addition to winning industry awards, the agency has placed on Entrepreneur's Top Franchise Suppliers list three times, earning the top spot in 2024. To learn more about Reshift Media, visit To find out more about World Franchise Day, visit About Reshift Media Reshift Media is the leading marketing company within the franchising space, providing comprehensive digital solutions combined with proprietary software innovations. The company has represented top franchise brands in the home service, fast casual dining and pet care industries, among many others. Reshift Media has partnered with more than 200 brands spanning 22 countries and won a number of major awards, including Best Franchise Marketing Firm from the Global Franchise Awards, three years in a row. For more information, visit MEDIA CONTACT:Heather RipleyRipley PR865-977-1973hripley@ View original content to download multimedia: SOURCE Reshift Media
The Star
09-05-2025
- Business
- The Star
Zahid proposes boosting franchise sector
Good for business: Ahmad Zahid (centre) visiting a booth at the opening of the FIM Exhibition 2025 in Kuala Lumpur. — Bernama KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has proposed three initiatives, including the Asean Franchise Accelerator Programme, to elevate Malaysia's franchise ecosystem. He said the programme could serve as a flagship initiative to groom local franchise brands through expert mentorship, access to funding and fast-tracked regional market entry. The second initiative, he said, is the Asean University Franchise Business Challenge Programme, which gathers cutting-edge franchise concepts from university students across Asean, offering the best ideas to be adopted, nurtured and scaled by leading franchise players. 'The third will be celebrating World Franchise Day, a global event observed by all World Franchise Council (WFC) members every second week of June, honouring the impact and unity of the global franchise community through awareness programmes or conferences in Malaysia,' Ahmad Zahid said at the opening of the Asean Franchise Convention Declaration and the Franchise International Malaysia (FIM) Exhibition 2025. He added that Malaysia's franchise sector currently contributes over RM36bil to the gross domestic product (GDP) and provides more than 68,000 jobs, proving its significant potential. He said the joint declaration signed by franchise associations from six Asean countries marks a historic commitment to regional collaboration in franchise development. The declaration, read out by Asean Franchise Convention (AFC) director Deric Yeo, contained a commitment to ensuring Asean franchise sustainability, digitalisation and collaboration. The event was also attended by Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick and his deputy, Datuk Seri R. Ramanan. Ahmad Zahid said the ministry would also formulate a comprehensive Rural Youth Development Plan aimed at producing a digitally literate, knowledgeable and skilled young rural generation. The plan would not only create jobs through the establishment of Rural Gig Hubs, but also nurture young leadership by appointing Rural Youth Ambassadors to serve as the voice and representative of the new rural generation. Ahmad Zahid also urged the Community Development Department (Kemas) to strengthen engagement sessions with parents and educators to evaluate the impact of the Kemas Pre-Tahfiz Programme, which has been running for a year.
The Sun
08-05-2025
- Business
- The Sun
Ahmad Zahid proposes ASEAN accelerator to boost franchise sector
KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi today proposed three initiatives, including the introduction of the ASEAN Franchise Accelerator Programme, to elevate Malaysia's franchise ecosystem. He said the programme could serve as a flagship initiative to groom local franchise brands through expert mentorship, access to funding, and fast-tracked regional market entry. The second initiative is the ASEAN University Franchise Business Challenge Program, which, he said, is an initiative that gathers cutting-edge franchise concepts from university students across ASEAN, offering the best ideas the opportunity to be adopted, nurtured and scaled by leading franchise players. 'Lastly, celebrating World Franchise Day, a global event observed by all World Franchise Council (WFC) members every second week of June, honouring the impact and unity of the global franchise community through awareness programs or conferences in Malaysia,' he said at the opening of the ASEAN Franchise Convention Declaration and the Franchise International Malaysia (FIM) Exhibition 2025 here today. He said these ideas reflect the government's unwavering commitment to nurturing a new generation of franchise leaders who will carry the Malaysian flag proudly across ASEAN and beyond. Ahmad Zahid said he firmly believes the franchise industry does more than boost national competitiveness as it generates jobs, cultivates entrepreneurs and builds cross-border connections that unite economies and communities. He noted that Malaysia's franchise sector currently contributes over RM36 billion to the national gross domestic product (GDP) and provides more than 68,000 jobs, proving its significant potential. He expressed his excitement for the upcoming business matching sessions, which will feature over 100 franchise companies from both local and international backgrounds, offering exceptional investment and partnership opportunities at the convention. 'I urge all Malaysians, especially our youth and aspiring entrepreneurs, to seize this moment. This is your launchpad to explore franchise ventures that align with your passion and ambition, and to propel yourselves onto the regional and global stage. 'I am confident this convention will emerge as a premier platform focused on embedding sustainability into business models, leveraging cutting-edge digital technologies, and driving franchise growth that is competitive, resilient and future-ready,' he said. Meanwhile, Ahmad Zahid said the joint declaration signed by franchise associations from six ASEAN countries marks a historic commitment to regional collaboration in franchise development. He said the Malaysian government fully supports the initiative and looks forward to it becoming a lasting and inclusive platform that benefits all stakeholders. The declaration, read out by the Director of ASEAN Franchise Convention (AFC), Deric Yeo, contained a commitment to ensuring ASEAN franchise sustainability, digitalisation and collaboration. The event was also attended by the Entrepreneur and Cooperatives Development Minister, Datuk Ewon Benedick, and his deputy, Datuk Seri R. Ramanan.
The Star
08-05-2025
- Business
- The Star
Ahmad Zahid proposes Asean franchise accelerator to boost franchise sector in Malaysia
KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi on Thursday proposed three initiatives, including the introduction of the Asean Franchise Accelerator Programme, to elevate Malaysia's franchise ecosystem. He said the programme could serve as a flagship initiative to groom local franchise brands through expert mentorship, access to funding, and fast-tracked regional market entry. The second initiative is the Asean University Franchise Business Challenge Program, which, he said, is an initiative that gathers cutting-edge franchise concepts from university students across Asean, offering the best ideas the opportunity to be adopted, nurtured and scaled by leading franchise players. "Lastly, celebrating World Franchise Day, a global event observed by all World Franchise Council (WFC) members every second week of June, honouring the impact and unity of the global franchise community through awareness programs or conferences in Malaysia,' he said at the opening of the Asean Franchise Convention Declaration and the Franchise International Malaysia (FIM) Exhibition 2025 here Thursday (May 8). He said these ideas reflect the government's unwavering commitment to nurturing a new generation of franchise leaders who will carry the Malaysian flag proudly across Asean and beyond. Zahid said he firmly believes the franchise industry does more than boost national competitiveness as it generates jobs, cultivates entrepreneurs and builds cross-border connections that unite economies and communities. He noted that Malaysia's franchise sector currently contributes over RM36bil to the national gross domestic product (GDP) and provides more than 68,000 jobs, proving its significant potential. He expressed his excitement for the upcoming business matching sessions, which will feature over 100 franchise companies from both local and international backgrounds, offering exceptional investment and partnership opportunities at the convention. "I urge all Malaysians, especially our youth and aspiring entrepreneurs, to seize this moment. This is your launchpad to explore franchise ventures that align with your passion and ambition, and to propel yourselves onto the regional and global stage. "I am confident this convention will emerge as a premier platform focused on embedding sustainability into business models, leveraging cutting-edge digital technologies, and driving franchise growth that is competitive, resilient and future-ready,' he said. Meanwhile, Zahid said the joint declaration signed by franchise associations from six Asean countries marks a historic commitment to regional collaboration in franchise development. He said the Malaysian government fully supports the initiative and looks forward to it becoming a lasting and inclusive platform that benefits all stakeholders. The declaration, read out by the Director of Asean Franchise Convention (AFC), Deric Yeo, contained a commitment to ensuring Asean franchise sustainability, digitalisation and collaboration. The event was also attended by the Entrepreneur and Cooperatives Development Minister, Datuk Ewon Benedick, and his deputy, Datuk Seri R Ramanan. - Bernama TAGS: Ahmad Zahid Hamidi, franchise, FMI, convention, ASEAN
