Blog

On our Business Franchise Blog, we share a wealth of content from knowledgeable writers around the world. Here you'll find both news and advice covering everything in franchising and business. Whether you're just getting started, expanding your business, or just want to stay up to date, the Business Franchise Blog has got you covered. Find more specific content by also visiting our Expert Advice and Latest News pages.

Why Australian online retailers are failing to get the most from email marketing

April 5, 2016
Many companies understand the value of email marketing but few are maximising the results, according to new research by Teradata. In December 2015 and January 2016, Teradata analysed 50 of the largest e-commerce sites in Australia regarding their online customer sign-up process and newsletters. The research monitored companies in the following industries: fashion; health, beauty and lifestyle;...

What is all the hype about Franchising in Australia?

April 5, 2016
After over 100 years of success, Kodak couldn't survive employing the same business strategy. It tried to change and grow, but an organisation like Kodak still failed. Let's be real! There are plenty of stories like Kodak that fill our history and provide education for our future. It is no different with franchise brands. Do we have to be competitive? Absolutely. The market dictates this and...

Eight potential economic events to be aware of in 2016

March 30, 2016
Government policies and changing market conditions are likely to affect Australians more significantly in 2016-17 than any other time in recent history, according to RSM Financial Services Australia. Individuals and businesses alike need to be aware of the potential fallout from these events, taking steps to protect themselves where necessary. Evan Tsipas, principal, RSM Australia, said, “The...

How to find your passion and make it work for you

March 24, 2016
When Don and Gretchen Bantock first purchased a Bedshed franchise in 1986, John Farnham’s ‘You’re the Voice’ was a newly released hit song, Crocodile Dundee had premiered in April and Bob Hawke was Prime Minister of Australia.  A lot may have changed since then, but Don, now aged 82, still gets up to watch the furniture trucks go out every day at 8am, and is actively involved in his Bedshed...

Global study reveals Australians are in it for the money

March 24, 2016
Study gauges workplace attitudes and motivations, and reveals how employers can increase employee engagement and productivity Qualtrics, the world’s leading insight platform, has released the results of its first Global Attitudes Toward Work survey, which mined the insights of people from 14 countries and found some surprising—and some not so surprising—findings of how Australians are...

The true cost of invoice management and how to ensure cash flow is steady

March 21, 2016
Good invoice management is essential to keep cash flow steady. Many organisations still waste time and expense on invoice management. Automation technology can take the financial burden out of the accounts payable process. Matthew Goss, ANZ managing director, Concur, said, “It costs money every time an invoice is processed. The labour cost plays a large part in that expense due to the time it...

Count Down to June 30 is on - get planning

February 3, 2016
With the countdown to New Year 2016 a distant memory now, Clive Barrett First Class Accounts Bookkeeping Executive Chairman said business owners needed to start thinking about a countdown of a different kind – the countdown to the end of the financial year. While it may seem a little premature, Mr Barrett said the traditionally quieter start of the calendar year was the perfect time to begin...

Unfair terms threaten business contracts

February 3, 2016
All small businesses across the country could find themselves left with defective contracts if they fail to recognise an amendment to Australian Consumer Law, according to leading Brisbane law firm Paxton-Hall Lawyers. The little noticed amendment, regarding unfair contract terms legislation, was passed in October last year and is beginning to trap businesses who are yet to appropriately update...

10 Ways To Change Your Businesses Growth In 2016

January 25, 2016
By Sophie Davidson In December, Prime Minister Malcolm Turnbull unveiled an investment plan worth AUD$1.1bn designed to boost Australia’s competitiveness and nurture business relationships. Although this was in response to a protracted period of low commodity prices, it is hoped that the package will also encourage innovation and fund industrial research and development. However, if you feel...

Traditional beauty academy receives a makeover

January 20, 2016
Class is in session for beauty therapists across Australia, with the launch of Australian Skin Clinics’ cutting-edge education facility, The Advanced Skills Academy, which is now a registered training organisation (RTO). Based on the Gold Coast but offering courses nationally, the new-look training academy offers state-of-the-art technical equipment, trainers with real world experience and a...

Snooze: A retail love affair

December 17, 2015
Elkin Alvarado’s career journey can be put down to a wealth of experience. After working for 30 years in department stores and gaining experience in everything from electrical, appliances, bedding and furniture, Elkin’s career naturally progressed to becoming a Snooze Franchise Partner. From his humble beginnings of moving stock on the shop floor, to managing teams of up to 250 people and a...

Toys, electronics & wine are top of Aussies’ Christmas list

December 2, 2015
The ‘friendly courier experts’ are seeing toys, wine and electronic products all topping the Christmas ‘wish list’, this year. Reports reveal that there are more parcels in transit in Australia than ever before - online retailing is 5.7% higher, with Australians spending an estimated $17.6 billion online over the 12 months to September 20151. Additionally, Fastway Couriers estimates that in the...

Lesson for Franchising from the Hawthorn Tri-Pete

November 23, 2015
By Peter Buckingham I am a very keen Hawthorn fan, and now have the personal record of attending 7 Grand Finals in which they have played – and seen 7 Premiership wins. So what does Hawthorn do differently from the other 17 teams in the AFL? They work to Their Rules – and do it the best way possible. Whilst I cannot say I am an expert, these are my views – and I think they have a real business...

Insolvency and directors’ liabilities: how to minimise your personal risk

November 19, 2015
When business debts fall due and can’t be paid, an organisation may become insolvent. In this scenario, company directors have specific duties and options: failing to discharge these appropriately can result in fines and even criminal prosecution. Andrew Beck, partner, RSM, said, “There are many potential causes for insolvency, such as ongoing losses, poor cash flow, increasing debt,...

Three tips to avoid Christmas expense management mayhem

November 18, 2015
The lead-up to Christmas comes with an increasing number of expenses related to seasonal events, outings, and other items. The holiday season is not only a drain on company and office budgets, but can often cause an expense management backlog. This can be made worse by paper-based claiming processes. December 8 is one of the busiest days of the year in Australia for expense activity, according...

Hilary Lamb from CROSSMARK Host appointed Chair of The 100% Project

November 18, 2015
CROSSMARK Host Australia and New Zealand Managing Director Hilary Lamb has been appointed Chair of The 100% Project, a not for profit organisation that aims to address gender inequality. The 100% Project’s mission is to challenge organisational leaders to change the practices and mindset within their organisations to fully realise the leadership potential of women and men. It is positioned as...

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