For first-time entrepreneurs, franchising presents the opportunity to leverage the history and legacy of a tried and true method of operations with the guidance of an experience franchisor, greatly increasing the likelihood of success.

The booming Australian fitness scene is a difficult landscape to traverse, particularly for new entrants and franchise systems.

Bricks-and-mortar retail stores are under intense pressure from online competition. Feeling the most heat are clothes shops and department stores.

Eighty-four per cent of surveyed businesses in the APAC region believe use of artificial intelligence has customers feeling closer to them due to efforts to improve customer service, according to a report by MIT.

Boosting franchise knowledge among the sector’s professionals is beneficial for everyone.

When it comes to building and operating a franchise venture, the most pivotal indicator of your business’ success is the profit margins, but for first time business owners, profit can be a confusing prospect.

While the Christmas sales period is often chaotic and busy, the post-holiday season lull can create an issue for unprepared retailers, according to data from credit firm Atradius.

Have you ever tried to assemble a piece of IKEA furniture? Not as easy as it seems.

When it comes to finding the perfect franchisees for your businesses, it’s important to approach the task with focus, diligence and patience.

After the initial stress of buying into a franchise business subsides, the training is complete and doors are finally open, the next step is building a healthy clientele.

How can you be sure to pick the top spot for your franchise business? How do you know you are paying the right price?

It’s a competitive marketplace but as these figures show, there’s plenty of room to add weight to the franchises in the gym space.