One of a franchisor’s biggest expenses is providing operational support for franchisees in the field. So how do you measure the effectiveness of your field support?
Investing in a brand is an essential element of a business and even more so for a franchisor or franchisee.
Franchising is a highly successful method of distribution of goods and services so it works for the brand but why does anyone choose to buy a franchise?
The end of financial year shouldn’t just be about completing your annual return and keeping the tax man happy suggests Melanie Power, Xero’s head of bookkeeping.
Do you know what your responsibilities are to your franchisees’ employees?
What happened in a dispute between rival tobacco product franchisors recently?
What’s the best approach for attracting franchisees to your brand?
Something for everyone! That’s an overworked cliché for sure– commonly claimed but less commonly true. Is it true for franchising? Is there a franchise system for everyone? Well, yes and no.
Does a franchisee need to register for an Australian Business Number (ABN) or a business (trading) name?
Before you buy a business, ask yourself, what are the signs of a profitable franchise?
What support are you offering your franchisees, and is it in line with industry benchmarks?
What are the top ways franchise executives feel they can effectively support mature-term franchisees?