Franchise Snapshot – August 2018 Edition
To keep you up to speed about franchising here’s the August 2018 Edition of the Franchise Simply Newsletter
First Things, First
While the military is by far and away the greatest investor in drone technology, clearly the best use of drones is to save and protect human life. How are drones going to work when it comes to emergency services?
Recent News You Might Enjoy
There is always something new out of Africa,” the ancient Greeks used to say. Back then, the proverb referred to the continent’s extraordinary diversity, but today it can be applied to the accelerating pace of change as Africa begins to reshape its economic destiny.
These 20 startups that are shaking up their industries and have great futures ahead of them. If you haven’t heard about them before, you’ll know to pay attention to their names in the future.
New EGM of marketing and brand at Suncorp Mim Haysom is helping drive the financial services and insurance provider’s transformation. There has been no ease-in period for Mim has already helped deliver a new app, and is leading the marketing to bring 12 separate brands together under the one Suncorp Group.
The current parliamentary inquiry into the Franchising Code of Conduct has many franchisees sceptical over the economic environment of the sector, however Boost Juice founder and Shark Tank investor, Janine Allis remains confident.
Good to see validation of the successes of franchising, and a reminder that any business needs hard work and commitment to succeed. There are no guarantees in life!
The roast chicken champions are officially partnering with the country’s largest hunger relief organisation in the 2019 financial year.
Smart Tech from Peter Diamandis:
Rolls-Royce, one of the world’s most famous engineering firms, has an unusual, but awesome idea for carrying out engine maintenance on future aircraft: using a pair of innovative robots inspired by the natural world.
So You Want to Get Into Franchising?
Advice to help you know what franchising is all about and why it's right for your business
Melbourne Franchising Expo 25th - 26th August at the Melbourne Convention & Exhibition Centre 10am - 5pm daily
Join the Franchise Simply Team at the Melbourne Franchising Expo we’d love to see you there, come and see us at stand B21!!!
The Franchising Code of Conduct gives all franchisees entering into a new franchise agreement a seven day cooling off period.
While this provides a chance for franchisees to pull out of the agreement, franchise arrangements carry serious contractual obligations which should not be entered into without careful consideration.
Some Tips and Insights You May Find of Value
Branding is essential for startups that want to compete and come out on top of their competitors. Yet even if you have the greatest product, a poor brand image could spell disaster for your sales.
Soul Origin franchisee Sherwin Djamil is moving as swiftly as the fast-growing healthy fast food franchise. He’s opened nine stores since starting out with his first franchise in Sydney’s Parramatta, even dipping his toes into the Melbourne market.
Here are his tips for achieving a million dollar business.
Something You Might Want to Read
Investing in a business can be one of the largest investments, and biggest risks of your life. Going in uninformed makes no sense when for a very small amount of money, you can be looking at the type of information you need to make the decision, and have a reasonable discussion with the Leasing Agent if you are going into a Shopping Centre.
Get the latest tips and tricks on how to start or run your own franchise from this great magazine.
10 Financial reasons to buy a franchise
Franchise Tips & Advice
For Your Diary
Our next Kickstart Franchise Weekend Workshop is on September 8th & 9th and the next is on the 17th and 18th of November. If you’ve not attended one yet make sure you attend this one. IT’S A MUST! See what members Kevin Scrimshaw, National Drones, Melbourne and Simon & Sandra Allars, Soothe Mobile Massage, Melbourne had to say. And remember, these workshops are internationally accredited and include points towards the FCA’s CFE program.
The Franchise Simply team are taking a well-earned break from 21st December until 8th January and we wish you all a wonderful Christmas break and a hugely successful year ahead.
I hope you enjoyed this.
Remember to drop into the Franchise Radio Show area of our website where you can find a great selection of our interviews, with new ones being added regularly. And don’t forget you can speed up the replay with Enounce ‘MySpeed’. Incidentally, our members get exclusive access to 75+ of these and 1:1 mentoring with me and our team of ‘franchise savvy’ experts as well as numerous videos, operations manuals, guides, webinars and lots more…
I hope you enjoyed this.
To your success,