After a joint investigation by Fairfax and Four Corners uncovering widespread underpayment of staff by 7-Eleven franchisees, 7-Eleven has said in a statement that it will pursue franchisees to repay money owed to present and former staff. Chief Executive Officer, Warren Wilmot said “the viability of the 7-Eleven system is in no way, never has […]
Whether you’re taking on a franchise, buying an existing business or establishing a start-up, starting a business comes with a never-ending list of challenges and, while each business is unique, there are a few common mistakes that people make when starting out. 1. Trying to ‘do it all’ Your business is very much like your […]
A Melbourne cleaning company has been fined half a million dollars in proceedings by the ACCC.
Choosing a franchise over owning an independent business should provide you with constant back up and support. However, this doesn’t mean that you need to wash your hands of the legal and financial implications.
Buying a franchise is often a daunting decision, from both a monetary and lifestyle perspective. Here are six pearls of wisdom to consider when scoping out potential franchises.
The home improvement industry is one arena in which a skilful and tenacious Australian entrepreneur may be interested in starting a vibrant SME.
There will be expectations that are unique to each industry, however, when buying into an existing franchise franchisees can expect to receive expert assistance from franchisors in a range of areas relevant to their business.
Luke Baylis is a man with good timing – eleven years ago he managed to turn his own personal quest to eat healthy and improve his lifestyle into a successful and increasingly popular Australian food chain.
In several years, Nahji Chu has managed to turn what began as a small kitchen based catering business into a multimillion brand spanning locations across both Melbourne and Sydney as well as gaining a foothold in the UK.
Franchisors work hard to develop their business model into a format that can be easily replicated. To build an exceptional franchise brand, franchisors are looking for exceptional people to join their team.
