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Franchising Trending Articles

Buying a Franchise: What Is It? and Why Is It a Smart Investment?
Franchising

Buying a Franchise: What Is It? and Why Is It a Smart Investment?

Does the franchise mean that the company is already yours? Let's find out.  While doing a franchise your chances of being successful are high - higher than you imagine The franchisor already did the risk-taking for you, but what's your responsibility? What should you avoid? Having a business is one of the best investments you can make. Why? Business brings money, and it can grow and expand over time – that is if becomes successful. It's much like gambling where you can lose, win or sometimes...

702 views

How to Suss Out a Franchisor’s Finances Before Buying
Franchising

How to Suss Out a Franchisor’s Finances Before Buying

The Franchise Disclosure Document is an essential document to help you assess a franchisor’s finances. However, some franchisors are unable to fully disclose their financial information and projections to avoid misleading a potential franchisee. You can hire a franchise consultant, run a credit...

473 views

How to Find the Right Franchise For You
Franchising

How to Find the Right Franchise For You

As a $146 billion industry in Australia, franchises are a great investment option to begin your journey as an entrepreneur. What makes a good franchisor? The most important success factor is studying the franchisor, their brand, marketing, training and agreement and how these components work...

743 views

How to Franchise Your Business in 7 Simple Ways
Franchising

How to Franchise Your Business in 7 Simple Ways

2.04K views

Franchising

Buying a Franchise: 6 Important Things to Consider

6 important things to consider when you are planning to buy a franchise Happy franchisees – It may seem like common sense, but one must consider a business with happy franchisees. Many people don’t talk to people who are working within the franchise when they are scoping out a potential...

1.32K views

Franchising

No more 9-5: How franchising is helping families strike a new balance

One of the most difficult tasks for women and men of today’s generation is returning to work after taking time off to raise children. Not only because there is a gaping hole in their resume, but because detaching themselves from their children’s lives can be very difficult. Benefits of...

4.13K views

Be Your Own Boss: Life as a Franchisee
Franchising

Be Your Own Boss: Life as a Franchisee

People from all walks of life – from office administrators to handymen, award winning jockeys and financial analysts, are throwing in the towel for an opportunity to call the shots on how things are done -- running their own business. Whether it’s an unsatisfactory work situation, the need for a change of scenery, a redundancy payout, or the desire to be your own boss, more people are looking to franchise business opportunities to take control of their lifestyle. Being your own boss “My...

1.46K views

Do you have the right management in place?
Franchising

Do you have the right management in place?

The right management and the right staff are two cornerstones!   Staff members play a very important role in making any franchise business successful. So, appoint the staff carefully and manage them properly to ensure quality customer handling. This will ensure customer satisfaction which is a...

3.16K views

So you want to grow your business by franchising – but are you fit to lead?
Franchising

So you want to grow your business by franchising – but are you fit to lead?

One of the other deciding factors when analyzing whether a business is ripe to franchise, is the personality of the business owner or owners. Is that person a natural leader? Does he or she have the characteristics to manage a franchise chain? From perhaps dealing directly with your products and...

3.17K views

Franchising

Case study of a little known franchise success story

A good example of using the franchising process of systemization and putting these principles into practice is Jack Cowin. Jack Cowin came to Australia when he was 26 years old with the franchise rights to Kentucky Fried Chicken in WA. Today he owns the Hungry Jacks chain with 350 stores – and...

3.81K views

Franchising continues to grow during tough times
Franchising

Franchising continues to grow during tough times

Evidence shows franchising has extraordinary opportunities for family businesses, enabling them to grow into multi-million dollar assets. According to a recent PriceWaterhouseCoopers report franchises have seen average annual revenue growth of 10%. But this is not a new phenomenon – one well-known...

1.17K views

Plenty of Room for New Franchises
Franchising

Plenty of Room for New Franchises

3.87K views

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