Your franchisees are focused on the rush of Christmas trading but what happens to the business in the New Year? Silver Chef is hoping hospitality owners will build momentum in their businesses by considering the timing of their next refurbishment.

Silver Chef founder and chairman, Allan English, said “Customers are expecting a lot more in today’s fast-paced environment and part of that means having the latest equipment and offering a modern service experience.

“However, refurbishments are often a significant upfront capital expense and can be required every three to five years on average. That is why Silver Chef’s Refurbishment Advantage is a fully unsecured lending option, allowing business owners to realise the potential sales benefits of a refurb, whilst delaying the expense for six months and spreading that cost over a four year term.

“With post-Christmas trade typically dipping in late January, the start of the New Year is a great time to consider an upgrade or refurbishment,” he said.

“Small business owners may also be eligible to claim back a portion of their refurbishment costs with the government’s temporary $20,000 tax deduction on purchases made before the end of the financial year, 2016.

“The added advantage of a potential tax-deduction, on top of the existing six-month free period on all Refurbishment Advantage loans makes it is even easier for franchisees to renovate.”