The role of the CFO has changed dramatically in the past few years and is likely to continue to do so. With that change has come a significant increase in scope and responsibility. According to Forbes, three-quarters of CEOs from high-performing companies believe the CFO’s role will grow in importance more than any other C-suite… Continue reading The changing role of the CFO as an innovator and strategist
Each year I have the privilege of training hundreds of franchise support executives in our Field Manager Bootcamps. These are the people who visit franchisees in the field to keep them engaged with the brand and improve the performance of their businesses. While a range of titles exists for this role, titles are not as… Continue reading The six steps of an effective field visit
Earlier this month, Griffith University released its full Franchising Australia report to the market. The statistics in the report made interesting reading for any franchisor, and overall tells a positive story for franchising, and particularly retail; despite the flat economic environment Australia’s operated in over the last 12 months. The report found that more than… Continue reading Franchising in 2017: Attracting Great Franchisees
McDonald’s, Boost Juice and Bakers Delight immediately call to mind the products, prices, and people you can expect at these franchises. McDonald’s means cheap and cheerful. Boost Juice means high-energy health. Bakers Delight means freshly baked bread. These top franchise brands represent the same values for their customers through consistent branding and customer experience. This… Continue reading Six ‘Dos and Don’ts’ to take your Franchise Brand to the next level
When you’re the manager of a business, you may think it’s your job to run the show. In a roundabout way, that may be true, but it’s certainly not the full picture. The best manager doesn’t run the business; they organise others to run the business for them. When it comes down to it, management… Continue reading 7 things You Can Do Today To Become a Better Manager
The Australian economy is facing head winds in 2016 and 2017 following the decline in commodity prices. Local bankruptcies are expected to rise by eight per cent, according to Atradius forecasting, so it makes good business sense to look for ways to reduce risk exposure to let the company trade confidently.1 Australian franchisors must start… Continue reading Franchisors should heed the warnings of increasing bankruptcies
Innovation is a vital element that provides a sustainable advantage for companies competing for a share of voice in a saturated market. To maintain competitive advantage, there is a need for businesses to constantly review service offerings and products and invest in innovation in order to maintain profits. With widespread appeal, the gelato market is… Continue reading Innovation proven key to success for Gelatissimo
Each week Beaumont Tiles delivers nearly 100 shipping containers of tiles, stone and bathroom ware, much of which is sourced from around the globe – Europe, Asia, Asia Minor and the US. Getting people to love your product and getting it into their homes and building projects across the nation takes a massive effort. A… Continue reading Bob’s Business Beliefs
Your organisation’s leadership is a strong predictor of how successful the business will be. Leadership styles permeate the entire organisation, trickling down from the top, affecting employee morale, performance, and engagement. Getting the right leaders in place is therefore essential. The larger the organisation, the more difficult it can be to identify and nurture people… Continue reading Six strategies to develop a strong leader
This article appears in the Sep/Oct 2016 issue of Business Franchise Australia & New Zealand Finding the right business to invest in is a challenge in itself but when it comes to making the final commitment, the more hurdles could prove the better choice. About half the Beaumont Tiles’ 108 stores are franchises and both… Continue reading Bob’s Business Tips for Potential Franchisees
