Thursday, 23 February 2012
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The idea of having little control over part of your business may not appeal to many budding entrepreneurs, but franchising your company could prove lucrative in the right circumstances.
Thursday, 23 February 2012
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By
Like any other kind of business, rolling out of your franchise system may take a bit of trial and error.
Thursday, 23 February 2012
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By
Although just about any kind of business can be franchised, that’s not to say that every start-up should plunge straight into a franchised model in order to expand.
Thursday, 23 February 2012
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Although becoming a franchisor allows you to concentrate on your own business while, hopefully, your franchisees bring in money elsewhere, you can’t completely leave them on their own.
Tuesday, 21 February 2012
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By
Michelle Hammond
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.
Tuesday, 14 February 2012
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By
Michelle Hammond
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.
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, 16 December 2011
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By
Graeme McCormack
Franchising a business requires systematic planning and expertise, and ensuring in the first place that the foundation business is suitable and stable enough for franchising.
Friday, 02 December 2011
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By
Michelle Hammond
Managing workers within a mobile business can be risky, particularly if you’re not around to supervise. But when your business centres around children’s parties, everything must go to plan.
Thursday, 24 November 2011
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By
Alistair Walsh
G.J. Gardner Homes has been ranked third-fastest-growing company in the latest Franchise Times top 200 franchise companies operating in the US.
Friday, 28 October 2011
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By
Michelle Hammond
Launching a new concept in an unfamiliar industry often requires a thick skin, particularly if you plan on franchising your business from the get-go. As entrepreneur Nathan Cuneen found out while launching Blow Dry Bar.
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.
Wednesday, 17 August 2011
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By
Michelle Hammond
Food franchises with “indulgent” menus are more likely to resonate with consumers in the current economic climate, an industry expert says, in light of Retail Food Group’s record profit.
Friday, 10 June 2011
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By
Michelle Hammond
Frozen yoghurt business Wowcow recorded revenue in excess of $700,000 last financial year and just recently announced plans to become a nationwide franchise.
Thursday, 28 April 2011
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By
Michelle Hammond
US-based brands Pizza Hut and Ben & Jerry’s have unveiled plans to expand their franchised operations in Australia, despite the franchise industry’s continued recruitment problems.
Friday, 01 April 2011
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By
Michelle Hammond
The fate of Angus & Robertson franchisees hangs in the balance after it was announced 12 more stores will close as administrators struggle to bring the bookstore chain’s operator back from the brink.
Tuesday, 29 March 2011
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By
Michelle Hammond
Potential franchisees should give as much diligence to investing into a franchise as they would a house, rather than merely attend an event, according to the industry’s peak body.
Friday, 04 March 2011
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By
Michelle Hammond
A small business lobbyist says independent bookstores look set to benefit from the closure of multiple Angus & Robertson stores.
Monday, 28 February 2011
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By
Michelle Hammond
Fast food franchise McDonald’s has thrown its weight behind opposition to the WA Franchising Bill, clashing with the owner of major rival Hungry Jack’s.
Monday, 28 February 2011
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By
Michelle Hammond
New investment vehicle Inkuberra has signed its first deal, investing in start-up food retailer Planet Chocolate for an undisclosed sum.
Tuesday, 22 February 2011
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By
Michelle Hammond
The International Franchising Association is the latest industry body to oppose the controversial WA franchising bill, calling for the proposals to be scrapped.
Tuesday, 08 February 2011
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By
Oliver Milman
Steven Marks’ enthusiasm for Guzman Y Gomez, the Mexican restaurant chain he started up, is palpable. However, Marks had to correct several missteps before the business became cashflow positive.
Friday, 04 February 2011
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By
Michelle Hammond
Franchise veteran Paul Wheeler has reentered the industry by setting up an Australian branch of US-based aged care franchise Senior Helpers.
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