Becoming a franchisor
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.
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.
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.
The head of the government’s review of the franchising code of conduct has revealed the key areas he'll examine.
You need to get the foundations of franchising in place before you start looking for franchisees.
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.
Collins Booksellers has opened a store inside a hospital as part of a new strategy, but experts say other retailers looking to follow suit must be willing to customise their store layout and stock.
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.
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.
Franchisees are increasingly prioritising the passion they have for a business when deciding whether to stick with it, according to the 2012 Topfranchise.com.au Awards, which placed Smartline Personal Mortgage Advisors in the top spot.
The Cheesecake Shop has finalised the restructure of its franchise group following the expiry of its master franchise agreement in New Zealand, which means all franchisees now deal directly with the franchisor.
The head of Zarraffa’s Coffee has highlighted the importance of staff training in the rebranding process, after the Queensland-based coffee franchise unveiled the overhaul of a chain of WA stores it recently acquired.
A new report reveals franchises contribute around $20 billion to the New Zealand economy, suggesting the market is ripe with opportunity, but 88% of those franchises are home-grown.
Boost Juice Bars has opened its 200th store in Australia as it continues to grow its network nationally and internationally, highlighting some key tips for start-ups to take note of.
Australian café franchise The Chocolate Room has announced an ambitious plan to open 200 outlets in China, along with stores in Europe and the Middle East, despite having just seven stores here.
The founder of drive-through coffee franchise Muzz Buzz insists there’s no difference between coffee and car washing, after announcing plans to grow the brand by way of a car wash service.
Chocolatier Theobroma is expanding to the United Kingdom, Saudi Arabia and Singapore, having already launched in five other markets, bucking the trend of struggling chocolate chains.
The new owners of the Grout Pro Australia business have signed contracts with 11 existing franchisees after taking over the business in June 2012 following its liquidation.
Battery World has scooped the pool to win the Innovation and Franchise Executive of the Year awards at last night's Excellence in Franchise Awards.
The Australian Competition and Consumer Commission has called for stronger sanctions for breaches of the Franchising Code as the sector continues to boom.