Franchise investment groups show no sign of slowing

With the acquisition by Eagle Boys holding company of Degani’s Bakery Café – an interesting and diverse Melbourne based chain of 60 stores, the growth of the major franchise investment groups shows no sign of slowing  – this healthy demand means a lot for the value of all franchisor businesses and will encourage more entrants … Read more

The Importance of a great Marketing Strategy for a Franchise Business

business women

I was reminded again the other day that great marketing is one of the foundations of a great franchise.

I don’t mean just the advertising component of marketing but those first steps most businesses often overlook – working out exactly who wants your product, exactly what the product is they really desire and exactly who your customer is – the nitty gritty of the demographics of your perfect customer. This is the marketing strategy and it is essential to get this bit right from the beginning.

One of my clients in the building maintenance industry, who shall remain nameless, contacted me after a break (he simply disappeared half way through the program) to let me know that he had not gone missing in action. He was just not able to continue building his franchised business in the short term because his business had taken off as a result of the work he had done refining his marketing strategy. He was too busy looking after new clients and working out how to leverage himself out of the day to day so he could return to building his franchise business. His turnover has increased from $700,000 to $1,200,000 over seven months!

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Australians are great entrepreneurs

business women

It doesn’t surprise me Australia is at the top of the list when it comes to producing great entrepreneurial business people. I see the signs each and every month in my Franchising workshops when business owners come to learn how to grow their latest enterprise through creating a franchise group. I’d love you to read through this, digest my comments at the end and let me know what you think.

Rose Powell reported in Start Up Smart on 19 November 2013 that Australia is one of the world’s most entrepreneurial countries. She bases her article on new global research.

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Franchising expos are dead – or not?

This morning I visited the Brisbane Franchise Expo.

In days gone by, I used to exhibit at Franchise Expos in all the major cities in Australia, both as a franchisor looking for new recruits and as a consultant looking for prospective franchisors. I recollect huge halls with at least 150 exhibitors, thousands of visitors and very busy days talking to all the new prospects. Followed by crowded seminars each evening.

So, join me in the queue on Saturday with only ten of us waiting to enter the Brisbane Franchising Expo at 10:00 this morning, and you might have also wondered if this heavily promoted event was really representative of the mighty franchise industry. And my observation was that every one of us had obtained a free ticket online rather than pay the $15 at the door!

Fast forward an hour and you will have circulated all the stands, mingled with the sparse number of visitors and seen a total of only around 40 franchisors displaying their product – and noted that a further dozen or so exhibitors were magazine publishers, government departments, industry body Franchise Council of Australia and several consultants and brokers.

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Franchise on the brink? Top tips to fight back

CONGRATULATIONS, you bought a franchise. Now, in theory at least, you have the resources to compete with big business. But suppose that your commercial marriage does not run to plan. Suppose you flounder and begin regretting investing in the $130 billion industry. Don’t get stressed: here are 10 top fighting tips. Seek top-tier support. If … Read more

Social Media Tips on Twitter

business women

Twitter is an online social networking service and microblogging service that enables its users to send and read text-based messages of up to 140 characters, known as “tweets“.

An information network

Twitter is a real-time information network that connects you to the latest stories, ideas, opinions and news about what you find interesting. Simply find the accounts you find most compelling and follow the conversations.

At the heart of Twitter are small bursts of information called Tweets. Each Tweet is 140 characters long, but don’t let the small size fool you—you can discover a lot in a little space. You can see photos, videos and conversations directly in Tweets to get the whole story at a glance, and all in one place.

Twitter for Businesses

Twitter connects businesses to customers in real time—and businesses use Twitter to quickly share information with people interested in their products and services, gather real-time market intelligence and feedback, and build relationships with customers, partners and influencers. From brand lift to CRM to direct sales, Twitter offers businesses an easy way to reach an engaged audience.

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Why should I have documented systems?

business women

To see what they can do I waved at Kevin Ford and his five-man crew on Tuesday night when the Space Station passed overhead. It still gives me a sense of awe accompanied by moistened eyes to see this small craft up there on its current 5 month mission. And it’s all down to systemisation.

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Why Australia needs franchisors!

business women

One reads forever about so many business failures – not just in these post-GFC times. If you run a successful business or a franchise then you must read this because it’s very simple: can you provide the answer to these unfortunate business owners problems? It’s like a,b,c – if the answer’s yes then you’ve got … Read more

Weekend workshop

business women

Went to Nick Cownie’s Success Blueprint weekend workshop with Prue and a lovely crowd of guests from my previous franchise events. We all had heaps of fun and some amazing mindset breakthroughs. Thanks Nick – you’re absolutely brilliant!  

We believe in doing business… …for good

Our quest is to continue to help business owners who want to grow their business into a more valuable asset.

We do this through a number of our enterprises.

Through Franchise Simply® we help business owners who want to grow their business into a more valuable asset through franchising. The team of expert advisors at Franchise Simply® does this this through our simple three step Franchise Success Path which can be delivered in many different ways to suit you. We work closely with our team of leading franchise experts to provide the full range of services to the franchise industry, from carefully crafted legal agreements and operations and procedure manuals, to expert advice on corporate structures, fee structures, territory planning, franchisee support, recruitment and much more…The result - our members implement fast and get everything they need to succeed all in one place. Click here to join our inspiring community of entrepreneurs and you can be our next success story.

We believe in giving back and so a percentage of every program is given to MicroLoan Foundation Australia to help women in Southern Saharan Africa to build businesses and take their families out of poverty. To date we have helped provide over 60,000 loans impacting on 355,000 impoverished people.