{"id":883331,"date":"2026-11-09T10:50:35","date_gmt":"2026-11-09T08:50:35","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=883331"},"modified":"2026-11-09T10:50:38","modified_gmt":"2026-11-09T08:50:38","slug":"cash-converters-franchise-ownership-entrepreneurship-with-a-world-class-support-structure","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/883331\/cash-converters-franchise-ownership-entrepreneurship-with-a-world-class-support-structure\/","title":{"rendered":"Cash Converters franchise ownership \u2013 Entrepreneurship with a world-class support structure"},"content":{"rendered":"\n<p>Running a Cash Converters franchise gives South African entrepreneurs the structures they need to build a successful business and enjoy financial independence.<\/p>\n\n\n\n<p>This model solves the biggest challenge ambitious entrepreneurs face in South Africa \u2013 a lack of experience.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/leads.mybroadband.co.za\/cash-converters-alt\/?source=article\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to learn more about becoming a Cash Converters franchise owner.<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<p>Rather than teaching yourself everything from scratch, becoming a Cash Converters franchise owner gives you access to a proven business model that has worked for many decades.<\/p>\n\n\n\n<p>According to Kobie Koekemoer, the Chief Executive Officer of Franchise Stores at Cash Converters Southern Africa, these structures are one of the biggest advantages of starting a Cash Converters franchise.<\/p>\n\n\n\n<p>And there is no one better positioned to speak about this. Not only is Koekemoer the man in charge of Cash Converters\u2019 operational division \u2013 he also owns his own Cash Converters franchise with his wife.<\/p>\n\n\n\n<p>&#8220;When my wife wanted to pursue a new business opportunity, we decided that Cash Converters was the best place to invest our money,&#8221; said Koekemoer.<\/p>\n\n\n\n<p>&#8220;I wasn&#8217;t going to invest our money and effort into a business that wasn&#8217;t proven \u2013 I knew that the Cash Converters model works.&#8221;<\/p>\n\n\n\n<iframe style=\"width: 100%; margin-top: 20px; border: 0;\" src=\"https:\/\/leads.mybroadband.co.za\/cash-converters-alt-standalone\/?source=article\" height=\"650\" scrolling=\"no\" title=\"Cash Converters\"><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading\">Comprehensive training from day one<\/h2>\n\n\n\n<p>Koekemoer laid out the process of how Cash Converters supports its new franchise owners.<\/p>\n\n\n\n<p>This takes the form of an extensive onboarding programme designed to prepare franchise owners for every aspect of running their businesses.<\/p>\n\n\n\n<p>It begins with three to four weeks of intensive classroom training at the company&#8217;s head office in Midrand. This is where you learn how a Cash Converters franchise operates, understand its different revenue streams, and design a detailed 12-month budget.<\/p>\n\n\n\n<p>You then receive practical training in a simulated Cash Converters store, where you learn to use the company&#8217;s point-of-sale systems.&nbsp;<\/p>\n\n\n\n<p>Following this hands-on learning experience, you will spend approximately one month working in an established Cash Converters store to gain practical experience across its different departments.<\/p>\n\n\n\n<p>This concludes the initial training regime \u2013 but it is far from the end of Cash Converters\u2019 support.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hands-on support when launching<\/h2>\n\n\n\n<p>After training, Cash Converters supports you throughout the store launch process.<\/p>\n\n\n\n<p>Part of this process already gets underway during the training process, such as choosing a location and designing a store.<\/p>\n\n\n\n<p>Once the training is complete, Cash Converters continues to support you by sourcing stock, recruiting employees, training staff, sharing marketing materials, implementing operational systems, and actively supporting your business in-store until you are running smoothly.<\/p>\n\n\n\n<p>Cash Converters\u2019 team will remain actively involved with your store in-person during the first two weeks, assisting with daily operations before gradually allowing franchise owners to take greater control.<\/p>\n\n\n\n<p>&#8220;Our team remains involved, monitoring the business and providing support until the store has achieved three months of EBITDA profitability,&#8221; said Koekemoer.<\/p>\n\n\n\n<p>Even once this period is up, Cash Converters is always there to help you.&nbsp;<\/p>\n\n\n\n<p>&#8220;Our job is to simplify any complexity so franchise owners can focus on running their businesses,&#8221; said Koekemoer.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/leads.mybroadband.co.za\/cash-converters-alt\/?source=article\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to learn more about becoming a Cash Converters franchise owner.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash Converters gives South African entrepreneurs the training, infrastructure, and ongoing support they need to build successful businesses and pursue financial independence.<\/p>\n","protected":false},"author":57,"featured_media":883332,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2119714616678707506","_sma_facebook_post_id":"191437357620492_2266710430816022","_sma_instagram_post_id":"","_sma_x_attempts":1,"footnotes":""},"categories":[10459],"tags":[11691],"class_list":["post-883331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-cash-converters"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/883331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=883331"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/883331\/revisions"}],"predecessor-version":[{"id":883333,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/883331\/revisions\/883333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/883332"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=883331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=883331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=883331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}