Data is essential to help franchisees improve their businesses. The challenge for franchisors is to decide the quantity of data that needs to be available, and the best way to deliver it.
New franchisees can often be fearful of one key element of running a business – the marketing – and choose to invest in a franchise for the advice and guidance available. Here’s five reasons why you should never undervalue your marketing.
Your retail lease is perhaps the most complex contract that a retail business relies upon as the foundation to the success or failure of the business.
Regular casual employees, including retail and hospitality workers, will have the right to request full-time or part-time employment, under a federal coalition shake-up to neutralise key attacks from Labor and unions.
Is your business a distribution or licensed model, or a franchise? Here are the top signs that tell you if the business is a franchise or not.
If you are buying a franchise, one of the most important documents you will receive is the franchise agreement.
Difficult customers. Longer hours. Extra casual staff. Work stress…yes it’s that time of year again, Christmas.
Australian businesses have long been lauded for their history of global franchise success, from likes of fitness studio F45’s international dominance to the success of smoothie empire, Boost Juice.
Franchises are all about building on the value of ideas, so people buying into a franchise need to be aware of their rights and obligations.
The Australian government has a plan to help the nation’s small and medium-sized businesses – but it’s not a very well-developed one.
So, you’ve decided to enter into a franchise business, you’ve engaged in an extensive due diligence process and now it’s time to take a look at the dreaded financials.
A new report released by the Australian Bureau of Statistics has indicated a positive spending trend ahead of the all-important Christmas trading period.