Australian Franchises Articles

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What do Franchisors Really Want?

It is a big question to ask, and the answer does not come easily. “What do Franchisor’s want?” The best way to answer this question is to separate two key features of what a franchisor wants - what they want out of business and what they want out of a franchisee. Although the results from each may be considered independent; ...

The Million Dollar Question - Should I Borrow More Money to Invest in a More Expensive Franchise?

One of the many questions that I am asked is whether or not someone should borrow more money and buy into a more expensive franchise system or just to buy a franchise with their existing cash reserves? This is the million dollar question! It really comes down to a few key areas and it may not always be that the more money you invest the highe...

Franchising - How hard can it be?

Why do people franchise? Think back to the last purchase you made Did you evaluate every possible alternative and rate them according to the pros and cons Or did you just go with the brand you know?
In Australia franchising employs over 650 000 people and contributes over $150 billion in revenue to the Australian economy!! ...

The Importance Of market Research

The importance of market research is often overlooked and underestimated by entrepreneurs when starting a business. Some think just because they are starting their first venture often fairly small to begin with, taking action and getting started is far greater than doing market research.
Some of the main reasons for this are due to a lack o...

Put your operations manual online

Our recent research into the condition and currency of operations manuals showed no surprises. There were a number of large and established Franchisors who admitted that they had not reviewed their manual for a number of years some had not been reviewed since it's inception!!!.

Questions that need to be asked of your documentation
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