Franchising

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The harsh franchise reality check

8:29PM | Monday, 27 August 2012 | Alexandra Cain

Entrepreneurs who invest in a franchise with unrealistic expectations can find themselves in for a nasty surprise. If you’re thinking about becoming a franchisee, here are some key points you must be aware of. BY ALEXANDRA CAIN.

Planning  | Business planning  | Growth  | Growth Strategy  | Buy a business  | Franchising  | Becoming a franchisor  | Becoming a franchisee

Hairhouse Warehouse set to offer franchisees Myer concession stores

8:17PM | Thursday, 23 August 2012 | Michelle Hammond

Hair salon franchise Hairhouse Warehouse will offer existing franchisees the opportunity to operate a concession store inside Myer, after entering into a partnership with the retail giant.

 | Growth  | Growth Strategy  | Franchising

Retail Food Group posts record profit, swallows former Smart50 entrant Crust Pizza for $24 million

8:01PM | Thursday, 23 August 2012 | Patrick Stafford

Retail Food Group has added another pizza chain to its roster with the purchase of Crust.

 | Growth  | Growth Strategy  | Buy a business  | Sell a business  | Franchising

Franchising expert highlights pros and cons of training academies

8:57PM | Tuesday, 21 August 2012 | Michelle Hammond

An expert says training academies can be an ideal way to educate franchisees without damaging the reputation of the brand, after Retail Food Group revealed details about its training academy.

 | Franchising  | Becoming a franchisor  | Becoming a franchisee  | Leadership  | Managing people

NZ franchising sector poses challenges for Aussie firms: Report

8:43PM | Friday, 17 August 2012 | Michelle Hammond

Australian franchisees should think twice before expanding to New Zealand, according to a new report, which highlights challenges within New Zealand’s fledgling franchising sector.

 | Growth  | Growth Strategy  | Franchising  | Becoming a franchisor  | Becoming a franchisee

Pizza Hut to battle gourmet market with ambitious franchise plans

8:26PM | Monday, 13 August 2012 | Michelle Hammond

Pizza Hut has announced a plan to open 11 new stores before Christmas, having already opened 11 this year, as mass-market pizza franchises fight back against the rise of gourmet pizza bars.

 | Growth  | Growth Strategy  | Franchising  | Becoming a franchisee

Trampoline Gelato on the Moove with mobile venues

8:47PM | Friday, 10 August 2012 | Michelle Hammond

Retail food franchise Trampoline Gelato is hoping to attract new franchisees with its Trampoline on the Moove concept, set to be rolled out later this year in the form of mobile food vendors.

 | Growth  | Growth Strategy  | Franchising  | Becoming a franchisor  | Becoming a franchisee

Franchising not all freedom and autonomy, expert warns

8:26PM | Friday, 3 August 2012 | Michelle Hammond

Prospective franchisees are drawn into the industry for greater work freedom and autonomy, according to a new survey, but an industry expert warns these freedoms can often be limited.

 | Planning  | Business planning  | Franchising  | Becoming a franchisee

Pets Paradise problems just beginning for franchisees

8:57PM | Friday, 3 August 2012 | Cara Waters

The appointment of receivers to Pets Paradise this week did not include stores operated by franchisees, but franchising experts warn there are still difficult times ahead for franchisees.

 | Growth  | Buy a business  | Sell a business  | Franchising  | Becoming a franchisee

Franchisee hunt starts as Zarraffa’s Coffee takes One for the Road

8:26PM | Thursday, 2 August 2012 | Michelle Hammond

Queensland-based coffee franchise Zarraffa’s Coffee will seek out franchisees for the five drive-thru sites of One for the Road, a WA specialty coffee chain that has been purchased by the company.

 | Growth  | Buy a business  | Sell a business  | Franchising  | Becoming a franchisee

Pets Paradise franchisees set to be shielded from chain’s collapse

8:25PM | Wednesday, 1 August 2012 | Michelle Hammond

Pets Paradise franchisees won’t be affected by the collapse of the pet store chain, it’s been confirmed, but the receivers say company-operated stores have been struggling for 18 months.

 | Franchising  | Financing a business  | Cashflow

Cafe2U launch to capitalise on Kiwi coffee culture

7:58PM | Friday, 27 July 2012 | Michelle Hammond

Sydney-based company Cafe2U is the latest franchise to launch in New Zealand, one month after announcing plans to appoint more than 1,000 additional franchisees in the United States.

 | Growth  | Growth Strategy  | Franchising  | Becoming a franchisor  | Becoming a franchisee

Billy Baxter’s franchisees face uncertain future

7:31PM | Wednesday, 25 July 2012 | Michelle Hammond

UPDATE: Restaurant franchise Billy Baxter’s faces an uncertain future after it was revealed it has been placed into provisional liquidation, as it struggles to pay a $1.2 million damages claim.

 | Legal matters  | Franchising  | Leadership

Billy Baxter’s under fire for failing to pay $1.2 million damages claim

7:00AM | Monday, 23 July 2012 | Michelle Hammond

A former franchisee has spoken out about his legal battle with South Australian restaurant franchise Billy Baxter’s, which is facing a winding-up application over a $1.2 million damages claim.

 | Legal matters  | Franchising  | Becoming a franchisee  | Leadership

Ready Steady Go Kids sells first foreign franchise

7:12PM | Friday, 13 July 2012 | Michelle Hammond

Adelaide-based exercise franchise Ready Steady Go Kids is planning to enter the New Zealand market and expand further into Asia, after selling its first international franchise in Singapore.

 | Growth  | Growth Strategy  | Franchising  | Becoming a franchisor  | Becoming a franchisee

Snooze latest to offer vendor finance to franchisees

7:33PM | Thursday, 12 July 2012 | Michelle Hammond

Bedding retailer Snooze has become the latest franchise to offer vendor finance for its franchisees, following in the footsteps of the likes of Baker’s Delight.

 | Franchising  | Becoming a franchisee  | Financing a business  | Venture Capital

ACCC issues warning over franchise income claims

7:53AM | Wednesday, 11 July 2012 | Michelle Hammond

The competition watchdog is urging prospective franchisees to check and substantiate claims made about potential income, following complaints in the cleaning and home services industry.

 | Legal matters  | Franchising  | Becoming a franchisee  | Leadership

Brumby’s carbon tax controversy prompts franchisee legal warning

7:31PM | Monday, 9 July 2012 | Michelle Hammond

Franchisees have been warned that they are personally liable for their actions, in the wake of the Brumby’s carbon tax pricing furore.

 | Legal matters  | Franchising  | Becoming a franchisee  | Leadership

The Coffee Club opens in Egypt despite recent unrest

7:48PM | Thursday, 5 July 2012 | Michelle Hammond

Australian café franchise The Coffee Club has opened its first venue in Egypt on the back of major political unrest, but the company is confident it can appeal to locals and tourists alike.

 | Growth  | Growth Strategy  | Franchising  | Becoming a franchisee

Revealed: The 10 most common habits of ineffective leaders

6:45PM | Tuesday, 26 June 2012 | Michelle Hammond

Franchising expert Greg Nathan has unveiled 10 of the most common habits of ineffective leaders, after highlighting the secrets to franchise success in a new in-depth report.

 | Franchising  | Becoming a franchisor  | Becoming a franchisee  | Leadership
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