By Peter Buckingham CFE CMC Peter Buckingham is the Managing Director of Spectrum Analysis Australia Pty Ltd, a Geodemographic and statistical consultancy. Peter is both a Certified Management Consultant (CMC) and a Certified Franchise Executive (CFE). To contact Peter email peterb@spectrumanalysis.com.au or visit www.spectrumanalysis.com.au In most relatively mature retail systems, the question… Continue reading The Volcano theory of Retail
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Archives: Expert Advices
Experts and reviews
Trends in Franchising
The franchise sector in Australia continues to thrive and is the backbone of growth in the small business sector. Where is franchising headed over the next few years? The irony is that even with uncertain economic times and a volatile world economy more people are turning to franchising as an option to being… Continue reading Trends in Franchising
Bridging the Gap
Why Personal Branding is a Franchisee’s Secret Weapon Your national brand is a proven asset, delivering recognition and establishing trust. Yet, to truly succeed in your local area, you need to be more than a corporate logo at the front of your shop or the side of your van; you need to stand out… Continue reading Bridging the Gap
UPDATE FROM NEW ZEALAND – MATTERS TO BE AWARE OF
As you should know there are no specific franchising laws in New Zealand but there are laws which protect franchising. Those are the Fair Trading Act 1986, the Commerce Act 1986 and the Contract and Commercial law Act 2017. Those Acts focus, in particular, on misrepresentations and restrictive trade practices including anti-competitive behaviour. The… Continue reading UPDATE FROM NEW ZEALAND – MATTERS TO BE AWARE OF
Franchise Industry Awards
In any industry, true strength is best measured by its people. It’s measured in the passion of a small business owner serving their local community, the innovation of a support manager driving their network forward, and the vision of leaders who dedicate their careers to lifting the entire sector. The inaugural Franchise Industry Awards… Continue reading Franchise Industry Awards
Scaling your business doesn’t mean selling out, it means getting smarter
By Tereza Murray, Leading Franchise & Business Consultant and CEO of Tereza Murray Franchising (TMF) For most small business owners and franchisors, growth is the goal. Yet there remains a widespread concern: does scaling up mean sacrificing the personal service, values, and unique identity that define your business? This tension is understandable. Staff… Continue reading Scaling your business doesn’t mean selling out, it means getting smarter
Food & Franchising
About 17 years ago I published an article headed “How many pizzas can one country eat ?” due to over saturation of pizza franchises in Australia at that time. Since then, I could have written a similar article about our oversupply of ice cream and yoghurt, burgers, coffee and chocolate and more recently Bubble… Continue reading Food & Franchising
Buying a Franchise? Take your time. Make the choice that is right for you.
There are many reasons why people choose to buy a franchise. It could be a desire to break away from a dull or dead-end job. Or to move away from being told what to do to making your own decisions as a business owner and manager. Another reason might be to build something substantial and… Continue reading Buying a Franchise? Take your time. Make the choice that is right for you.
Top 5 Reasons Franchise Business Loans Get Rejected — And How to Avoid Them
You’re building on a proven model, with brand recognition and established systems. You’re looking at premises, thinking about how your team might come together—and you can already feel what opening day will be like. But, even successful franchisees can face unexpected hurdles when applying for finance. Whether you’re looking to acquire your first franchise, expand… Continue reading Top 5 Reasons Franchise Business Loans Get Rejected — And How to Avoid Them
Getting it right
ATO Assistant Commissioner Angela Allen talks about how the ATO is supporting small businesses to get it right and stay on track. Small business focus areas In late 2024, we launched ‘Getting it right’, a campaign designed to support small businesses do just that: get it right, from the start. We know most small… Continue reading Getting it right