Whether you are just starting up, you currently have 50 franchisees or are somewhere in between, if you are to franchise, you need a clear, simple and well documented system. Just as any well-run business does.
When I attend expos and events I am told again and again, ‘This franchising thing is a con, my ideal franchisee just doesn’t exist’. When I question, I am inevitably told, ‘My business is successful but I want it to grow and have other people take the day to day management away. So I went … Read more
WHEN FRANCHISING A BUSINESS, YOU CAN’T WORK OUT THE MYRIAD OF DIFFERENT ITEMS TO BE CAREFULLY DESCRIBED IN ANY MEANINGFUL FRANCHISE AGREEMENT, UNLESS YOU KNOW HOW A FRANCHISE GROUP IS GOING TO WORK.
At any given moment there are thousands of people across the world looking at buying a business and many of those will be looking at a franchise. There are as many types of franchises as there are businesses.
Working out whether a prospective franchise will be a worthwhile investment is an important step before deciding to take the plunge. Is your franchise value for money? I’ll answer that question with another. What is franchise value? It’s a really good, and complicated question. Good, because you need to determine if it is good value … Read more
Does your franchise offer stack up? It’s crucial in a highly competitive market to ensure your franchises are set to sell. How do you measure this? The exercise will be quite different for a greenfield outlet and an established one. This is because of every accountant’s pet hate – goodwill – and its impact on … Read more
Over 35 years in the franchise industry, watching many new and very experienced groups succeed and fail – my own among them – I’d say the commercial barriers to growth in a franchise network boil down to four things: Your product over time Your people and the money Service first, always Systemise and delegate The … Read more
Brian Keen, founder and CEO of Franchise Simply, looks at the current run of bad news about the sector. Starting with the good news about franchising…Figures show the franchise sector continues its decades long history of grossly outstripping Australia’s GDP growth by an embarrassing margin. How does frequent double-digit annual gains sound compared with 3.47 … Read more
Click HERE to Go to – Start of recording Brian Keen: Yes, it’s the place to be for all things franchising. Hello everyone, and welcome. Today’s topic is an exciting one and one that’s really close to my heart, and anybody in franchising, particularly today. Modern franchise recruitment marketing. It’s an area that we’re all … Read more
More than just systems: a franchise without a system is like a car without wheels – it’s just not going anywhere. Whether you are just starting up, you currently have 50 franchisees or are somewhere in between, if you are to franchise, you need a clear, simple and well documented system. Just as any well-run … Read more
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.