Becoming a franchisee
A good franchise has a lot in common with a good marriage. In both cases, however, things can get messy if it ends in divorce. BY LEON GETTLER.
Retail Food Group says it received more than double the number of enquiries this January compared to January 2012, as enquiries throughout franchising experience an upward trend.
Franchising has come under scrutiny by the ACCC, as complaints about the sector jump by 67%.
Jim Penman says good business acumen is the key to unlocking success as a locksmith, as his company looks for more than 100 franchisees for its newly-launched Jim’s Locksmiths division.
Italian gelato chain RivaReno has chosen Sydney as its first location outside of Italy, opening a store in Sydney’s Darlinghurst, but an expert says it will have to work hard for consumer dollars.
A fresh wave of US franchisees will soon descend on Australian shores, including dining chain Denny’s, while an exercise machine created in the US has rolled out an Australian franchise program.
Bakers Delight is hoping to grow its franchise network by way of apprenticeships, after announcing it will offer 1,000 new apprenticeships in 2013, described as a “solid” opportunity.
The co-founder of Degani Bakery Café says the Victoria-based chain will be able to “crystallise its growth opportunities” following an investment from NBC Capital, which owns Eagle Boys.
Pie Face has hit back at claims that it doesn’t do enough to support franchisees, after another former franchisee of the chain came forward to criticise the business.
The head of the government’s review of the franchising code of conduct has revealed the key areas he'll examine.
A group of Pie Face franchisees are preparing to sue the company for millions of dollars, with one franchisee alleging that undisclosed costs were a key factor in the underperformance of his stores.
British retailer WHSmith has opened the first store under its new child-focused brand Zoodle, located at Melbourne Airport, with local franchising opportunities believed to be on the horizon.
New Zealand-based franchise SnorePro has included Australia in its international expansion strategy, revealing plans to roll out up to 55 Australian franchises over the next 12 months.
The Australian branch of global food retailer Spar has opened its first Jardin Fresh Life store in Queensland, with managing director Lou Jardin revealing there are plans to franchise the brand.
The parent company of Boost Juice has flagged franchising opportunities after acquiring Adelaide-based coffee chain Cibo Espresso, which will now be extended across the country.
Fast food chain Sumo Salad has been bought out by one of Australia's wealthiest families, with the company now planning to triple its 100 locations and even pursue a float on the ASX as it grows beyond the restaurant category and expands its brand.
Retail Food Group is offering assistance packages to franchisees who take on a Pizza Capers store in selected areas, as it seeks to ramp up its presence in regional Queensland and NSW.
Food franchise giants Retail Food Group and Collins Foods have painted a positive outlook for their brands, bucking recent industry trends.
Real estate veteran Michael Davoren intends to double the number of local RE/MAX offices to 120, after being named the first-ever Australian master franchisee of the US company.
The Franchise Council of Australia has partnered with a US organisation to launch a professional accreditation program, described as a “must” for franchisors, franchisees and suppliers.