Franchising
Business need a boost? 5 reasons converting into a franchise could be the way to go
Why give up your independence? What do you get in return? Here are 5 reasons why making the move to a franchise may be right for you…
Steps to turbocharge your business growth via franchising
Understanding the legal aspects of franchising – documentation, business structures, IP, and compliance – is vital when creating a successful franchise.
‘When COVID hit, I bought out my competition’: SpeedFit CEO on acquiring rival during the pandemic
"Out of a global pandemic came an unusual opportunity and we took it."
Franchising: empowering women through flexibility and support
Laura Carroll of Body Fit Training discusses how franchising empowers women through flexibility and support.
The fitness franchise that’s punched up during the pandemic
Boxing and strength-focused fitness franchise 12RND Fitness has 18 more locations set to launch in 2021. We chat to Co-Founder Tim West…
The secret ingredient of a successful franchisee
By Aaron Smith, KX Pilates founder Many in the franchising industry believe that you shouldn’t recruit franchisees with zero business experience. Here’s why I think business experience matters less than you think. There’s a standard list in franchising that outlines what traits potential franchisees should have and ‘past business experience’ or ‘business acumen’ is often […]
6 tips for building millions in revenue
Former HR Manager, James Trenerry turned a $40,000 debt into a successful KX Pilates franchise enterprise, generating a revenue stream of $2.5 million. Here are his tips for business success. Define your vision A clear vision and strategy is essential to reach your goal This sets the tone for your business direction, objectives, and […]
Expert Robert Bryden shares his legal tips for franchisees
Australia is thriving with over 1,300 franchise businesses in a range of industries, earning over $181 billion dollars in revenue and continually growing. [1] In recent times, however, more franchisees have found themselves in a dispute against their franchisor. These problems generally arise for one of two reasons – either the franchisee has not been advised […]
Why millennials are the future of franchising
It’s no secret that millennials have developed a bad reputation, particularly when it comes to the workplace. Baby Boomers and Gen Xs tend to have a not so complimentary view or the younger generation – but could these millennials have more potential than first meets the eye? [Related: How to transform franchisees into entrepreneurs] Typically […]
Want to get more out of your business by doing less? Tips for budding franchisees
There’s a common misconception in the small business world that being your own boss means you sacrifice a healthy work/life balance. While putting in extra hours can be important, particularly in the early stages of your journey, there are certain tricks and systems you can put in place to ensure your business will thrive in […]
Franchising: a secure, flexible career refresh
The recently released Franchising Australia Report from Griffith University tells a positive story for franchising, and particularly the retail sector. The report revealed there were 1120 business format franchisors in Australia last year, and despite the flat economic environment we’ve been operating in, franchise brands have grown. This has subsequently led to increased sales turnover […]
Thinking of starting a franchise? Here are three characteristics you’ll need to succeed
Recent research from Griffith University’s Asia-Pacific Centre for Franchising Excellence shows there are an estimated 70,700 business format franchised units in Australia. That’s thousands of Australians enjoying a rewarding and fulfilling career in franchising. Although franchising can sound like an attractive proposition with significant financial and lifestyle benefits, it’s not the right fit for everyone. Before […]
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