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.

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...

AGM wash-up: A perfect time to review shareholder unrest

November 16, 2016
A spike in first strikes experienced by a handful of high profile listed companies this AGM season should remind directors that poor management of stakeholders’ expectations in the lead-up to the annual general meeting can seriously backfire, cautions Ralph Martin, National Technical Director at RSM Australia. By better tapping into the mood and expectations of shareholders, listed companies...

How millennials perceive women in leadership

November 11, 2016
The business benefits of achieving gender diversity in the workplace are well documented. For example, gender equity can increase the organisation’s problem solving capabilities, and research has found that a diverse workforce can improve a business’s financial performance. As millennials continue to advance in their careers into leadership roles, it’s the perfect time to question how...

Business travel trends for 2017

November 3, 2016
Australian organisations require their employees to travel more, and farther afield, than any time in the past. This is due to increased globalisation and the distance between Australia and the rest of the world, as well as the vast distances between Australian cities. Murray Warner, business development director, Concur, said, “Despite technological advances that make it easier for workers to...

Talent sourcing in a time of business transformation

November 3, 2016
Like most industries, recruitment is experiencing disruption caused by digital transformation, new business models and changing working cultures. Candidates and employers are finding new ways to connect and Australian recruiters must adapt to these changes to avoid being left out of the loop, according to talent services business, Ignite. Ignite CEO Peter Wilson said, “Everything in the world...

Franchise ‘counsellors’ saving Industry Relationships before Estrangement and Divorce

October 26, 2016
Relationships between franchisees and franchisors are similar to a marriage where problems surface once the honeymoon is over and if not resolved can lead down an emotional and costly path. Franchise Expert Tracy Eaton believes franchisees often get caught up in the excitement of buying into a business at the start then question their decision once reality and hard ongoing work kicks in. “This...

What to do when you’ve been hit by a ransomware attack

October 20, 2016
ANZ businesses hit by ransomware attacks have got bigger cybersecurity problems and must consider an entire security audit to avoid jeopardising their business, according to Palo Alto Networks. Ransomware is a cyberattack that encrypts business information so that users can’t access the files, effectively locking the business out of its own systems and data. The attackers then demand a fee to...

Turning a dream into an investment

October 18, 2016
Tony Schafer, from Bedshed Aspley, vowed he would own a business before he turned forty. He bought a Bedshed franchise two weeks before his fortieth birthday, and hasn’t looked back. While the first few years were not easy, Tony’s story demonstrates how dedication and commitment can really pay off. Tony worked long and hard to get the business in the position it’s in now. Fast forward ten years...

The Answer to the Big Question for New Franchisees – How do you choose the best franchise for you?

October 18, 2016
A revolutionary new educational offering from Griffith University’s Asia-Pacific Centre for Franchising Excellence has been launched to address the most important of decisions facing those embarking on a journey to become a new franchisee. There are consumer signposts everywhere today for people looking to make purchases of all shapes and sizes. Consumers have a myriad of ratings, comparison...

Managing interns to increase retention

October 4, 2016
Businesses that effectively manage interns can help develop them into well-rounded workers that stay with the business long-term, reducing the organisation’s overall recruitment costs. Leslie Tarnacki, VP and GM of Human Resources, WFS: A WorkForce Software Company (WFS Australia), said, “Interns see their time at a company as an opportunity to learn. By scheduling them to work alongside...

How Australia’s Most Successful Franchise Groups Get Ahead With their Insurance

September 23, 2016
Franchising in Australia is in a strong position; higher disposable incomes, parents returning to the workforce and an ageing population are touted to be the driving factors in the industry’s strength – with major growth felt in the food retail, personal services and home maintenance sectors*. Over the last five years, the Australian Franchising sector has recorded average annual growth of 2.7...

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