The franchise model is built on the strength of a brand. A brand is the cornerstone that attracts franchisees, builds customer loyalty, and drives recognition and recall. For many franchisees, the decision to invest in a brand hinges on its strength and reputation. As a proven business model, a well known and recognised franchise… Continue reading Rebranding a Franchise: Taking the fear out of a high-stakes gamble
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Archives: Expert Advices
Experts and reviews
Is 2025 the year you start your own business?
The Franchising Expo is set to deliver an expanded offering in 2025, with events in Sydney, Brisbane, and Melbourne, featuring a wide range of franchise systems and small business ideas. With many people expected to explore a change in career in 2025, and these expos are the ideal place to start your research, ask… Continue reading Is 2025 the year you start your own business?
How Franchisees Should Plan Their Estate: Insights from Recent Will-Making Trends
As a franchisee, you’ve invested time, money, and effort into building your business. But have you taken steps to protect that investment for the long term? A recent survey in will-making offers valuable insights for franchisees on the importance of estate planning. A survey conducted by online estate planning service Willed revealed that 64%… Continue reading How Franchisees Should Plan Their Estate: Insights from Recent Will-Making Trends
Tips to help you get your tax right this year
The ATO wants to make it as easy as possible for you to get your tax and super right. Here are some tips to help you with your 2023-24 tax return. Key changes this tax time There are a few changes to be aware of this tax time. If you purchased or upgraded a business… Continue reading Tips to help you get your tax right this year
Avoiding the financial pitfalls of starting a franchise
Starting a new business is exciting, and of course franchises offer the support of a proven brand, but even if you’ve done it all before, it’s still possible to fall into some common financial traps that can delay, or in extreme cases even derail, your new business plans. So, how do you successfully navigate that… Continue reading Avoiding the financial pitfalls of starting a franchise
Empowering Women in Business: The Impact of the Franchise Council of Australia’s Women in Franchise Events
In recent years, there has been a growing recognition of the unique challenges faced by women in the workplace, particularly within the franchising sector. In response to this, the Franchise Council of Australia (FCA) has launched a series of initiatives under its Women in Franchise (WIF) events. These events have become a cornerstone in… Continue reading Empowering Women in Business: The Impact of the Franchise Council of Australia’s Women in Franchise Events
Selling Your Franchise: How to Ensure a Legally Smooth and Successful Exit
Selling a franchise business can be a rewarding step in your entrepreneurial journey, but it comes with its own set of complexities. Navigating these challenges successfully requires a thorough understanding of the legal obligations and processes involved. As an experienced franchise lawyer, I’ve helped countless franchise owners through this process, ensuring they sell their businesses… Continue reading Selling Your Franchise: How to Ensure a Legally Smooth and Successful Exit
Behind the Headlines – Jason Gehrke – 12 August 2024
Franchisor abandons mortgage broking brand Big Four Australian bank Westpac has closed its mortgage broking brand RAMS Financial as part of a strategic review to simplify the bank’s business, according to a media report. While new home loan applications have been closed, Westpac says customers of RAMS will not be affected by the… Continue reading Behind the Headlines – Jason Gehrke – 12 August 2024
As an experienced franchisee you know everything about franchising – right?
Just lately I have had a couple of franchisees with experience in different brands coming to me saying they are considering buying the rights to become the Australian franchisor or setting up their own franchise group. Invariably, the people concerned say they know everything about franchising and that they just want help with setting up… Continue reading As an experienced franchisee you know everything about franchising – right?
Food Franchise Business
Everyone thinks that food businesses must be successful because there’re so many of them. I started my career working in food franchising and have over 40 years of experience owning and operating food businesses, including the four that I own right now. I have a love–hate relationship with food businesses because they can be great,… Continue reading Food Franchise Business