Franchising
With small businesses often facing issues obtaining financial support from major financial institutions, Snap-on Tools has implemented a new credit program aimed at assisting prospective franchisees by allowing it to finance the start-up costs of a new franchise for an initial investment by a prospective franchisee of a minimum of $37,000.
While buying a franchise can sometimes seem like the safest, easiest route into small business ownership, as with anything, there are always risks. Make sure you weigh it all up before you sign on the line.
Australia’s largest franchise, Jims Group, has signed a partnership with LivingSocial to deliver deals on its various services to the daily dealers’ hyper-local, citywide and national audiences.
Gloria Jeans has collected two honours in the 2011 Australian Business Awards, being named alongside a number of big businesses recognised for being progressive and innovative.
Allphones Retail Pty Ltd has been fined $45,000 for contempt of court orders, following action by the Australian Competition and Consumer Commission (ACCC).
Nanotek, the Australian-owner car cleaning franchise, has made history by becoming the first Australian mobile franchise to arrive in Russia.
Andrew and Mandy Lynch, owner/operators of a Cafe2U franchise in the Perth region of Kenwick and Maddington, have been rewarded for their efforts by taking home a Merit Award at the Franchising Council of Australia (FCA) Awards.
Expanding globally can be a great way to grow your franchise business, but its no easy ride.
The latest survey from Topfranchise reveals that Smartline Personal Mortgage Advisors are the number one Australian franchise among systems surveyed for the third year in a row. Now into its third year, topfranchise has surveyed over 3,000 franchisees (from over 80 systems) across Australia in the last three years.
More often than not, it is a combination of five key fear factors that frightens people into balking at the notion of a small enterprise or franchise business.
Pretzel World is on a path to franchise world domination (in Australia) with the company looking to expand its footprint across the country following a rise in enquires and a tripling in sales in some stores.
Oporto, the Bondi chicken burger institution and franchise continues to spread its wings, rapidly adding a second store and confirming construction is underway on their third restaurant in the world’s most populous nation, China.
How do you manage a rebrand across an entire franchise network? Bakers Delight general manager Chris Caldwell explains.
Senior Helpers, already a hit franchise in the United States has launched in Australia with the backing of one of Australia’s most successful franchise developers Paul Wheeler.
If you’re thinking about a new franchise opportunity in 2011, the Australian Competition and Consumer Commission suggests prospective franchisees make the most of opportunities to learn about the business model.
Australian-born Cafe2U, the world’s largest mobile coffee franchise, is preparing to expand its operations internationally in the US marketplace, after successfully launching the concept run in California’s San Diego region in June 2010.
Following the announcement of the appointment of an administrator, a contract of sale has now been entered into for the purchase of the business of the franchisor of the Souvlakihut network.
Cold Rock Gungahlin has smashed records for the most successful opening week of any store within the franchise group’s history.
Cafe2U, the Australian mobile coffee franchise has been awarded a bronze medal at the 2010 CSR Golden Bean Roasting Competition in the coffee chain category, the first mobile coffee chain to win the accolade.
Mobil petrol stations in Australia are in the process of being rebranded into 7-Eleven stores after the sale of more than 250 Mobil service stations to 7-Eleven’s Australian owners was approved by the ACCC eight weeks ago.
