Franchising

Franchising

Franchising advice, news and tips from Australia's best business start-up mentors and journalists. StartupSmart's franchising section features information and advice for business start-ups and people looking to start a business.

Advice Can I sell my franchise?

If you have had enough of being a franchisee, you can sell the business on, but don’t be under any illusions over how easy it will be.

Advice What are my rights as a franchisee?

The exact terms of your tenure as a franchisee will be laid out in a contract, but there are several regulatory requirements that apply to all franchises.

Advice What type of franchise is right for me?

Finding the right franchise for you is a process that should marry up with what you’re passionate about and what you can afford.

Advice What are the disadvantages of buying a franchise?

The reasons that make a franchise so attractive to some can prove to be a turn-off to others. Being a franchisee requires a certain type of mindset and personality.

Advice What are the advantages of buying a franchise?

The unofficial motto of the franchise industry is that franchisees are in business “for themselves but not by themselves”. This saying perhaps sums up the greatest strength of franchising.

News Ready Steady Go Kids expands – here are three other emerging parenting businesses

Children’s fitness franchise Ready Steady Go Kids says it wants to establish 100 locations, highlighting the growth of services that tap into the increasingly common trend of outsourced parenting.

News Cheesecake Shop franchisee takes down cheesecakeshoplie.com

Rebel Cheesecake Shop franchisee Brad Skuse has taken down cheesecakeshoplie.com following claims that he had breached a prior agreement by launching the site, which is fiercely critical of the company.

News Rogue franchisee reignites battle with The Cheesecake Shop

Renegade Cheesecake Shop franchisee Brad Skuse has set up a site critical of the company, called cheesecakeshoplie.com, six months after being forced to take down cheesecakeshoplies.com.

News Aussie franchise Nanotek dodges tear gas to open Athens operation

Australian car cleaning franchise Nanotek has launched a site in a luxury mall in protest-ravaged Athens, with chief executive Jim Cornish insisting the offering will resonate with Greek consumers.

News Top five franchises emerging from the US

Franchises in the aged care, fitness and real estate industries are among the best with regard to franchisee satisfaction, a US-based report reveals, suggesting start-ups here can learn from them.

Features The great franchise giveaway

The problem franchisors face in recruiting quality franchisees isn’t a new one, but only recently have industry players begun to offer bold incentives. BY MICHELLE HAMMOND.

News Three successful promotional giveaways that Mad Mex aims to top

Mexican food franchise Mad Mex has launched an offer that will give customers the chance to win a year’s supply of burritos.

News LJ Hooker and Bond University to produce “green” agents

Real estate franchise LJ Hooker has partnered with Bond University to produce degree-qualified real estate agents with “green” expertise as part of a sustainability drive.

News Pie Face aims at taking slice of US market

Food franchise Pie Face has expanded to the United States, opening its first store in the heart of New York, but has tweaked its all-Australian offering only slightly for the US market.

News Fair Work Ombudsman launches National Franchise Program

The Fair Work Ombudsman has launched a franchise program in a bid to strengthen the sector, teaching franchisors how to best promote compliance with workplace laws.

News The Coffee Club launches franchisee recruitment drive

Café franchise The Coffee Club plans to open a new Australian store every fortnight for the next five years, while expanding into new and existing markets including Egypt, China and Thailand.

News New web tool aims to help franchisees hit the right spot

A new website allows users to download traffic estimates for major roads around a selected site, making it easier for franchisors to choose the best locations for their franchise venues.

News “Bricks-and-clicks” strategy essential for franchisees, expert stresses

Bricks-and-mortar franchisees can enhance their online presence through the use of online location-based marketing, which in turn entices customers into their stores, a franchising expert says.

News Frank Zumbo named SA deputy small business commissioner

University of NSW associate professor Frank Zumbo has been appointed South Australia’s deputy small business commissioner, tasked with resolving issues in the franchising and farming sectors.

News Franchise Council of Australia calls for small business assistance program

The Franchise Council of Australia is calling for the development of a small business assistance program that would allow emerging companies to use the Federal Government guarantee when seeking funding.

News Jim’s Group plans public listing before end of 2012

Entrepreneur Jim Penman, owner of the Jim's Group franchise, says he is planning to list the company by the end of the year to raise more capital and expand the business, with the eventual goal of turning the group into a billion-dollar entity.

News Ben & Jerry’s searches for young, “cool” franchisees

US-based ice cream brand Ben & Jerry’s is looking to expand its Australian network by opening a series of franchisee-owned stores, describing its ideal franchisee as someone “cool” aged 18-35.

News Franchisors urged to emulate Bedshed profit calculator

Franchisors should consider introducing calculator tools for prospective franchisees to determine initial profit estimates, an expert says, following in the footsteps of bed franchise Bedshed.

News Bakers Delight flags franchisee recruitment drive

Bakery franchise Bakers Delight is ramping up its recruitment drive, expecting to sign up 100 new franchisees by the end of the financial year, despite the gloomy outlook for retail franchises.

News Harvey Norman’s new GST-free site gives franchisees the jitters

Franchisors should seek advice from their franchisees to ensure long-term sustainability, an expert says, after Harvey Norman began selling games on a GST-free website.

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