In both Australia and New Zealand, franchising is growing at a very fast rate. The results of the 2021 Survey of Franchising in New Zealand confirmed that there are 590 business format franchisors with 32,300 units operating and over 156,000 people employed in business format franchisees.
When purchasing a franchise many agreements provide the franchisee an exclusive territory set out by way of a map or postcodes or other description of an area or region in which the Franchisor and other franchisees will not compete with the Franchisee. The franchisee therefore has the right to market and “farm” customers in… Continue reading This land is my land – or is it? Territory & on line sales issues in Franchising
The Problem for the Food and Beverage Businesses Safe Work Australia recently stated that the incidence rate for the food services industry is 38 per cent higher than the average rate for the Australian workforce, with a rate of 58.6 per 1000 workers having a serious incident in the workplace every year.
2019 to this point has proven to be a challenging period for Australian retail. Slow sales throughout the first half of the year, coupled with the usual uncertainty that comes with a federal election, have seen several outlets struggle.
Franchising in The Spotlight – The Real Story The current federal parliamentary inquiry into the franchising code of conduct has created a springboard for a constructive national discussion about improving the standards, and therefore the standing, of franchising in Australia. I have been carefully listening to the feedback and ideas put forward by FCA members… Continue reading Franchising in The Spotlight – The Real Story
Who’s to Blame: Franchise Inquiry to Separate Fact from Fiction Tens of thousands of SMEs enter the marketplace each year, and tens of thousands exit, which means the Australian business environment, spread across all sectors of the economy, is ever-changing. This landscape is dotted by enthusiastic start-ups that may fail dismally or end up a… Continue reading Who’s to Blame: Franchise Inquiry to Separate Fact from Fiction
Six Steps to Help Get Super Right Super is everyone’s business. Regardless of whether you’re a franchisee or franchisor, you need to understand your super obligations. A franchisor can be held responsible if they know a franchisee is not getting their super right. Employees rely on super to fund their retirement. For most people, super… Continue reading Six Steps to Help Get Super Right
8 Top Tips for Selling Your Franchised Business: A Franchisee Guide It might sound strange, but you should begin to consider what the process of selling your franchise business will be like before you buy it! Seriously, becoming a business owner should include the forward planning that considers how long you will need to be… Continue reading 8 Top Tips for Selling Your Franchised Business: A Franchisee Guide
Single Touch Payroll: What Businesses Need to Know From 1st July 2018, the introduction of a new payroll reporting system has changed how organisations with 20 or more employees report to the Australian Taxation Office (ATO). Single Touch Payroll (STP) requires employers to report information such as salaries and wages, pay as you go (PAYG)… Continue reading Single Touch Payroll: What Businesses Need to Know
Protecting Your Workers – And You! Opening and operating a franchise is an exciting and opportunistic time, for both franchisor and franchisee. But it’s important to remember you have responsibilities and obligations to meet to ensure your workers are protected if they have an accident or become ill as a result of their work. You… Continue reading Protecting Your Workers – And You!