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
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Categories: Franchisor Advice|New Franchise Development
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
Navigating the Australian Food Franchise Market
Today, the Australian food franchise market is as vibrant as ever, and the community is constantly evolving which offers opportunities and significant challenges. With a fusion of cultures and cuisines, the potential is limitless for the food franchise industry, but it doesn’t go without its fair share of challenges due to market saturation, regulatory changes… Continue reading Navigating the Australian Food Franchise Market
Food in Franchising
“Things ain’t cooking in my kitchen, strange afflictions wash over me ….” A song many in the hospitality sector have been singing over the past 2 years? I was in China town Melbourne for a yum cha on a Saturday morning recently and the sheer number of closed restaurants and graffitied buildings, was a… Continue reading Food in Franchising
A Complete Guide to Franchise Marketing in Australia for 2024
Franchise marketing in Australia in 2024 requires balancing centralised control with local autonomy to maintain consistent branding while adapting to regional differences. Digital marketing strategies, including optimising Google Business Profiles, utilising AI, and multi-channel approaches, are essential for reaching and engaging customers. Local marketing tactics, such as tailored campaigns, community engagement, and local partnerships, help… Continue reading A Complete Guide to Franchise Marketing in Australia for 2024