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.

Five Ways to Transform Solo Achievers into Group Contributors

February 27, 2017
Do some of your team members have a mindset that is self-serving, with an attitude of independence from the pack?  Are they minimalists who define their success in personal, individualistic terms rather than strongly linking their efforts to the big picture and to ensuring that they play a dynamic role in project outcomes and team orientated results?  Solo artists challenge high performance by...

How to drive growth and innovation amidst digital disruption

February 27, 2017
As workers increasingly use mobile devices and apps to book travel arrangements, it can be challenging for business leaders and financial decision-makers to regulate spending and maintain compliance with company policy, as control and visibility into employee activity can be low. The bedrock of any expense management approach is a formal expense policy. The latest Concur ANZ spend management...

Why businesses need to address the growing threat of cyber attack now

February 21, 2017
With Prime Minister Malcolm Turnbull raising cyber security to the level of national security, it’s essential for Australian businesses to understand that the risk isn’t going away and they need to adapt more quickly, according to RSM Australia. Combined with the recent announcement in regards to the introduction of data breach notification laws, there are now compelling reasons for...

Tips for doing international business

February 15, 2017
Australian businesses are increasingly recognising the need for employees to travel more. It’s important for these businesses to both educate their employees regarding international business etiquette and to make it easy for them to manage the expenses while on the road.   Murray Warner, business development director, Concur, said, “Working across different countries and cultures can be...

Managing a multigenerational workforce

February 8, 2017
While static between generations has always existed, it’s more profound in the digital age. Managing a multigenerational workforce means creating an environment which enables discussion and collaboration between generations, so they can start to understand each other’s differences. Moheb Moses, director, Channel Dynamics, and ANZ community director, CompTIA, said, “Businesses must comprehend...

3 best practices to enhance employee engagement

February 1, 2017
With employees today having increased bargaining power in a highly competitive job market, attracting high performing skilled workers has become a challenging activity for leaders and HR professionals. This coupled with the need to increase revenue without significant increase in costs, whilst maintaining an engaged workforce has forced leaders to pay close attention to employee engagement as...

What Australian exporters need to be aware of when trading with NAFTA countries

January 30, 2017
Insolvencies are on the rise in the United States of America and Canada, while increased volatility in Mexico is expected to continue until US President-elect Donald Trump’s policy towards its southern neighbour becomes clear. A report from trade credit insurer, Atradius, has revealed that Australian businesses need to be careful when doing business with participants in the North American Free...

Aussie Small Businesses Not So Hot About Their Future in 2017

January 27, 2017
Reckon survey shows local business owners may be working themselves to the bone as a result of diminishing government confidence and a less than optimistic economic outlook     Sydney, Australia - Small businesses in Australia are not feeling so sunny these days, driven by diminishing government confidence and a gloomy economic outlook. According to a nationwide survey released by Australian...

The main reasons customer experience programs fail

January 25, 2017
For business leaders looking to use customer experience (CX) programs to strategically improve operations, it can be frustrating when programs veer off course, become paralysed under the weight of too much data, or lack leadership sponsorship so they cannot deliver real business insight and improvements. Businesses need to approach CX programs differently, according to Qualtrics. Vicky...

RSM Australia flags positive finance trends for 2017

January 23, 2017
Australian small to medium-sized enterprises (SMEs) can look forward to a generally bright financial outlook in 2017 despite some uncertainty in the wake of world political events, such as the looming Trump presidency, Brexit, and China’s troubled economy, according to mid-tier accounting firm RSM Australia. Jamie O’Rourke, chairman, RSM Australia, said, “We don’t know exactly how those events...

B2B Lead Generation

January 10, 2017
By Katie Kress Franchise opportunities are more structured than business opportunities. If thinking of purchasing a franchise, just like with any business venture, there are pros and cons of franchise ownership. For instance, purchasing a franchise can be a little more expensive than buying a business, but it comes with a ton of "built in trial and error work" that you will not need to do....

Moira Kelly Receives a Warm Embrace from Coldplay

December 19, 2016
La Porchetta is delighted that renowned humanitarian and national treasure, Moira Kelly was this month presented with the inaugural Love Button Global Movement Imagine Award by rock superstar and lead singer of Coldplay, Chris Martin. Moira Kelly’s Moira Kelly Creating Hope Foundation (MKCHF) is the focus of La Porchetta’s corporate philanthropy. While the Foundation was formed this year, the...

How much do Christmas parties really cost?

December 19, 2016
Christmas parties are a great way to reward employees for a year of hard work and dedication, but without properly-enforced expense policies, the business can risk losing control of costs. Matt Goss, managing director, ANZ, Concur, said, “The cost of a Christmas party can be a major concern for businesses. The costs of the venue hire, food and drinks are often easier to manage, but once...

Bad Websites Could Cost Retailors Billions This Christmas

December 9, 2016
Australia’s small and medium businesses could miss out on reaching new customers and billions of dollars of online sales this Christmas because they don’t have a website or are lacking eCommerce capabilities, say online experts. Telstra research with 1,031 SMBs, showed 49 per cent report not having a website, and of those that do, 38 per cent are not optimised for mobile devices. Executive...

Is your business prepared for the real costs of employee leave?

December 9, 2016
For many small businesses, employee leave entitlements create operational and financial headaches as the business scrambles to cover that person’s job while they’re on leave. According to RSM Australia, it’s important for these businesses to understand the real costs of leave and how to minimise them, especially in the lead-up to the end-of-year holiday season. Katie O'Connor, principal, RSM...

Wage Fraud Hurting Franchise Industry Despite Most Investing in Staff

November 29, 2016
A leading franchise expert believes the industry is getting a bad reputation despite only a minority of franchisees guilty of wage fraud. “Caltex, Muffin Break and 7–Eleven stores have been making headlines in the media for allegedly under-paying staff and it’s given the impression it’s rife in the franchise industry when it’s not,” said Tracy Eaton at Remarkable Franchises. “It’s quite the...

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