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.

Enterprise ecommerce software for running a successful online business

October 9, 2019
Most customers these days prefer online shopping because it saves both time and money. As a result, many large business organizations like to sell their products online to generate more revenues. Businesses expecting a huge sales volume should consider choosing the right ecommerce software platform for meeting their essential needs. As such, an enterprise ecommerce software is an ideal solution...

Learning About Multichannel Software for Growing a Business

October 9, 2019
Nowadays, many online stores opt to expand their business through different channels to increase their sales to a great extent. These channels provide opportunities for targeting more customers and can help to get more leads. In fact, it gives the means to reach them as soon as possible to gain more advantages by addressing essential needs. Businesses willing to sell their products on multiple...

Give importance to a balanced trading strategy

September 18, 2019
If you take care of the trading business, it will give a lot in return. The rookies in Forex trading needs the most critical management for their trading business. With a proper trading plan, all of the executions need to happen. Then the traders also need an appropriate risk management policy for the company. You do not need to think of the profit margins of the losses from the trades. They will...

Food and Beverage and the Digital World

August 22, 2019
Food and Beverage and the Digital World New and emerging technology has dominated the news for its disruptive capabilities in many of the world’s industries for the past few years. From agriculture to the automotive industry to food and beverage, automation technology, artificial intelligence, personalisation and social media has altered the landscape of how we manage our businesses. With the...

Five of the Best Financing Options for Your Business

August 20, 2019
Five of the Best Financing Options for Your Business Running a small business is a great way to enjoy freedom and to do work that you love, but having the support and infrastructure of a large corporation is useful in a lot of ways. Getting started in franchising can provide many benefits as well as challenges. Many people opt to open a franchise so that they can enjoy the flexibility of being...

Consider Buyer’s Journey When Building Facebook Ad Campaigns

August 1, 2019
When franchisees are ready to grow their local businesses, many choose Facebook advertising because ads are extremely affordable and allow specific targeting. Franchisors often work with their preferred marketing vendors to create local marketing packages using Facebook ads for that very reason. There’s more to building an ad for your target audience than knowing demographics, however. You also...

Want to improve your borrowing power? First, improve your credit history

July 18, 2019
  It’s a common scenario. Franchisees think of a great idea to grow their business. So they approach the bank for a loan. But then they get rejected. As both a small business owner and a credit expert, this is a scenario I understand intimately. So believe me when I tell you: it doesn’t have to be this way. That’s not to say there’s a magic solution. There never is – especially in the current...

How organisations can maintain a strong corporate culture during business growth

July 4, 2019
Business growth can be a double-edged sword for organisations trying to balance workplace culture with new clients, stakeholders, incomes, and external responsibilities. It’s important that, as businesses grow, managers don’t lose sight of internal workplace culture. As organisations scale up, it can be hard to maintain the warmth, openness, and cohesiveness achievable with a smaller team. It’s...

A New Year, a New Plan: Five Ways to Transform Your Small Business

July 4, 2019
The start of a new financial year is an ideal time for business owners to take stock of the business, review progress towards growth goals, and re-align plans as necessary. While there is no one-size-fits-all approach for businesses to make their planning more effective, there are a number of key considerations that can help business owners improve their position, according to entrepreneur, CEO...

A Sale is only a Sale once Payment is Made

June 20, 2019
  Most businesses trade on credit terms with their customers, letting them purchase as they need and pay later. This can be a great way for businesses to build their customer base and gain more work or sales since customers will often buy more if they don’t have to pay immediately. However, extending credit to customers, while a common and strategic business practice, also comes with risks, so it...

When Should You Franchise Your Business?

June 20, 2019
  One of the most successful methods of expanding your business is through franchising it. Franchises are responsible for investments in new locations. These investments encourage you to perform well and help you grow your overall business. Several market forces make franchising a business an enticing prospect in 2019. And while all businesses are not capable of franchising, many industries would...

How to Start Your Own Franchised Gym

August 2, 2018
Starting your own gym isn’t just about getting the right equipment. Knowing your target market, finding the right location and securing your funding are all essential parts of how to start a gym. Starting a gym takes careful planning and decisive action, but with the right steps in place you can enjoy running your own gym and knowing that it’s primed for success. Planning Your Gym As you start...

How to Grow Your Business and Create a Reliable Income Stream

June 26, 2018
Growing your business can be difficult, but it’s only half the battle. It takes key strategic planning to ensure that your small business or startup also maintains its position over time. Businesses need to invest in smart strategies for growth, while avoiding common traps which can lead to business losses. These strategies will ensure that your small business startup grows quickly and maintains...

The Real Cost of Workplace Bullying

May 31, 2018
Workplace bullying is a problem that’s often overlooked, but if it’s dismissed or left untreated it can become extremely costly for a business. The Australian Human Rights Commission estimates up to $36 billion dollars is lost each year from Australian businesses due to the effects of workplace bullying. These costs can be attributed to losses in productivity, sickness, law suits and even...

The new skills CFOs will need to stay relevant in an evolving business landscape

April 30, 2018
As the CFO’s role continues to evolve from a simple finance function to a strategic business leader and innovator, tomorrow’s CFOs will need new and different skills compared to their traditional counterparts. Understanding the importance of these skills will be the difference between a successful CFO and one that struggles to remain relevant, according to Concur. Matthew Goss, managing director...

Online retailers likely to continue outpacing bricks-and-mortar businesses in Australia

April 24, 2018
The retail sector performance in Australia is considered fair with tight margins that, for many smaller retailers, continue to decrease. Online retailers continue to put pressure on bricks-and-mortar stores, so retailers must adopt new strategies to remain competitive. However, this requires both the willingness to change and a financial investment. The outlook for 2018 includes more of the same...

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