Thursday, 23 February 2012
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By
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.
Thursday, 23 February 2012
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By
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.
Thursday, 23 February 2012
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By
Finding the right franchise for you is a process that should marry up with what you’re passionate about and what you can afford.
Thursday, 23 February 2012
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By
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.
Thursday, 23 February 2012
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By
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.
Monday, 13 February 2012
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By
Michelle Hammond
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.
Friday, 03 February 2012
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By
Michelle Hammond
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.
Tuesday, 17 January 2012
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By
Michelle Hammond
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.
Thursday, 12 January 2012
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By
Michelle Hammond
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.
Tuesday, 03 January 2012
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By
Michelle Hammond
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.
Tuesday, 20 December 2011
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By
Michelle Hammond
Pool and spa franchise Swimart is waiving its $45,000 joining fee for independent operators prepared to rebrand as a Swimart store, as it seeks to grow its network from 65 to 100 stores.
Friday, 09 December 2011
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By
Michelle Hammond
Prospective franchisees should not enter a franchise solely because it offers a guaranteed income system, an expert says, as more franchisors use income guarantees as a recruitment incentive
Thursday, 24 November 2011
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By
Michelle Hammond
Harvey Norman has finally launched an eCommerce site, despite the reservations of its chairman Gerry Harvey, but measures are in place to soften the blow for bricks-and-mortar franchisees.
Monday, 21 November 2011
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By
Michelle Hammond
Health products chain Healthzone Limited’s 80 franchised and 30 company-owned stores will continue to trade in the short-term, despite the business being placed into receivership.
Wednesday, 16 November 2011
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By
Michelle Hammond
Service-based businesses have trumped food retail as the most popular type of franchise for new franchisees, new research reveals, due to smaller start-up costs and stronger trading conditions.
Friday, 21 October 2011
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By
Michelle Hammond
Almost 400 Australian franchisees, which operate under Refund Home Loans or Tyrecorp, face an uncertain future after both companies collapsed within a day of each other.
Monday, 17 October 2011
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By
Michelle Hammond
OzSpy Security Solutions is the latest franchise to heavily discount its start-up fees, reducing the establishment costs by $50,000, as recruitment issues continue to plague the industry.
Friday, 14 October 2011
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By
Michelle Hammond
The Coffee Club franchisee Carolyn McManus has revealed her secrets to success for multi-unit franchising, after being named Multi-unit Franchisee of the Year by the peak industry body.
Tuesday, 20 September 2011
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By
Oliver Milman
Typical Australian franchisees are getting older and no longer require a university degree in order to be profitable, according to new research.
Tuesday, 30 August 2011
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By
Patrick Stafford
PwC report reveals franchisors are specifically focused on recruiting more Gen Y franchisees and are moving into online retailing without cannabilising the sales of their existing networks.
Monday, 29 August 2011
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By
Michelle Hammond
Fitness franchises are starting to feel the effects of slow consumer spending, new reports claim, suggesting prospective franchisees should do their research before investing in the sector.
Thursday, 18 August 2011
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By
Michelle Hammond
The franchising industry is tipped to undergo a surge in enquiries as job losses ripple through the economy, but a small business lobbyist has issued a warning to prospective franchisees.
Thursday, 21 July 2011
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By
Michelle Hammond
Queensland property franchise Go Gecko has been placed into voluntary administration, but the company says its franchisees will be unaffected by the move.
Tuesday, 12 July 2011
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By
Michelle Hammond
Ice cream franchise Baskin-Robbins has flagged regional areas across Queensland, NSW and WA as the focus of its next growth phase, ramping up its recruitment drive for franchisees.
Monday, 23 May 2011
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By
Michelle Hammond
Franchising experts have questioned the motives of WA Liberal MP Peter Abetz, who has warned prospective franchisees that “rogue elements” may “prey” upon them.
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