Four key elements for franchising your business
Are you thinking about franchising but don’t know where to start? Here at The Franchise Institute we can guide you on how to start a franchise whether your business has been
Are you thinking about franchising but don’t know where to start? Here at The Franchise Institute we can guide you on how to start a franchise whether your business has been
An estimated profit of $495 million for the year 2014-2015 and a 9.2 percent growth rate per year (as reported by IBISWorld statistics) – that’s how much the child care industry in Australia is expanding.
If you are considering setting up a franchise, it’s particularly important to be aware of the need to adequately protect your intellectual property.
The franchisee-franchisor relationship is unique in the working world. It’s not like that of an employee and employer, where the employer is considered to be ‘the boss’. In a franchise relationship, the franchisee is effectively their own boss.
The world of work is changing, and all enterprises including franchise businesses need to be aware of emerging trends and adapt accordingly.
What do you do when you realise you have a great opportunity to franchise your business, but have an unsuitable name and logo? Or when you
“Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” – Benjamin Franklin Every business strives to grow to provide better
Are Your Franchise’s Processes Stuck In The Past? The 21st Century is considered to be the Digital and Information Technology age. Changes totechnology are occurring at an exponential rate, and it can be easy for franchisors who are using old and out-dated processes to be left behind. The old saying “if it’s not broken, don’t fix […]
According to the results of our latest poll, potential franchisees are looking to invest in a budget business that costs under $50,000. A total of 32.59 percent of people selected the aforementioned option; meanwhile 21.15 percent stated they’d like to invest between $50,000 and $100,000. Interestingly, the highest price bracket of all, more than $350,000, […]
9D Action Cinemas will open a new 6 seat, action ride cinema at Westfield Hornsby in September 2014. This exhilarating amusement ride boasts the latest technology in dynamic, multi-dimensional family entertainment in Australia. Patrons experience dramatic movement in every direction while secured in the Ferrari style seats. The movement is synchronized with the animated 3D movie being screened […]
If you’re just getting established after franchising your business, chances are you don’t have a public relations firm on tap to generate media exposure for you and your franchisees. The good news is that there are a number of easy ways that you can effectively do it yourself. Here are five ways to get publicity […]
A business cannot work without good working relationships between all involved. This is especially true in franchising. So, how do you maintain healthy business relationships between you and your
When franchising your business, the strong support you provide to your franchisees can be a great selling point that can help you expand your business. There are a number of reasons why investors
Do you need someone who can teach you how to franchise your business? The most qualified person to help is a good franchise consultant. They can show you the ropes and guide you on how to start a
Over 200 franchises and a $10 billion portfolio to manage – how did Smartline Mortgage Advisers achieve this? It has something to do with how they fulfilled their role as a franchisor. Tagged
As a franchisor, you have invested significant time, money and energy in franchising your business. Your success relies on your franchisees, so you need people who bring a range of talents with them
When you franchise your business, you want every outlet to embody your vision and your brand. After all, if you’ve taken the decision to franchise, then your business is no doubt successful
The world of business is constantly changing. What worked in marketing or management three to five years ago may no longer work today. If you keep using the strategies that you designed and
Before you go away for a weekend, you check the weather report, so you can be prepared for what lies ahead of you. Before you franchise your business, you also need to do you research and see what
Having successful systems that can be easily followed and replicated is one of they key attractions when buying a franchise. Recognising and accurately documenting the systems you have in place is