This article appears in the Jan/Feb 2015 issue of Business Franchise Australia & New Zealand I’m not sure if you have even been white water rafting but trust me when I say it comes with its ups and downs. The key is to get into the zone and control every move as quickly as… Continue reading Navigate your way to success
This article appears in the Jan/Feb 2015 issue of Business Franchise Australia & New Zealand Should a franchise that operates out of a ‘bricks and mortar’ store give territories or not? That is one of the biggest questions in franchising today. There are many opinions, and companies do it differently depending on their size, brand… Continue reading Territories: To be or not to be… That is the question!
This article appears in the Jan/Feb 2015 issue of Business Franchise Australia & New Zealand By all rights, 2015 will be a fantastic year for franchising. The last two years have carried the burden of legislative uncertainty and a feeling of the sector being in limbo. Despite this, Griffith University recently released research showing… Continue reading Due diligence will help you to hit the ground running in 2015
This article appears in the Jan/Feb 2015 issue of Business Franchise Australia & New Zealand You’ve done your research, found a franchise brand that meets your requirements and had the green light from your advisors to proceed. What next? Unless you are one of the fortunate minority that has existing cash reserves from sale… Continue reading Where to turn for franchise funding?
This article appears in the Jan/Feb 2015 issue of Business Franchise Australia & New Zealand Barely a month goes by without a regular sale period for many Australian retailers. Pre Christmas, Post Christmas, Mid and End of Season, Financial Year End, Easter – shoppers are beginning to lose trust in retail brands believing margins… Continue reading Strategic Retailing: The right prescription when times are tough
This article appears in the Jan/Feb 2015 issue of Business Franchise Australia & New Zealand The Franchising Code of Conduct which regulates franchise relationships in Australia has now changed in one of the most significant reviews since its inception in 1998. The revised Code aims to create a fairer and more balanced playing field… Continue reading Franchisees Better Protected Under New Franchising Code
This article appears in the Jan/Feb 2015 issue of Business Franchise Australia & New Zealand Every company needs to have a plan in place to protect their website from a cyber attack, and this is extremely crucial for franchise companies because you have multiple locations and may have multiple websites. While cyber attacks happen… Continue reading Preparing for a Cyber Attack
The health and wellbeing of Australians is of utmost importance to ensure the continued growth and success for current and future generations. Earlier this year, Deloitte published Part 3 of its Building the Lucky Country series, entitled Positioning for prosperity? Catching the next wave. This publication explores how we can position Australia – and its… Continue reading Health and Wellbeing: Franchising the Future
Underperforming franchisees in a network do harm to themselves and to the brand they represent, yet the lead indicators and causes of underperformance are poorly understood. Franchisors will generally rely on after-the-fact sales data to identify performance trends. The sales data could be days, weeks or even months old before any franchisor personnel assess it… Continue reading Five lead indicators of franchisee underperformance
Another year almost gone and a new one fast approaching. How will you make the most of the next few weeks and more importantly how will you prepare for the New Year that’s fast approaching so that you have every opportunity to maximise your potential in business and in life? A couple of months ago… Continue reading Are you interested or committed?