A good example of using the franchising process of systemization and putting these principles into practice is Jack Cowin. Jack Cowin came to Australia when he was 26 years old with the franchise rights to Kentucky Fried Chicken in WA. Today he owns the Hungry Jacks chain with 350 stores – and only around 100 … Read more
Choose wisely before investing in a franchise. Buying a franchise can seem like an easy way to get into business, but there are pitfalls. Phil Blain, a franchise consultant at business advisers BDC, says that along with getting advice from an accountant and a lawyer, potential franchisees should ring existing members of the franchise and … Read more
Microloan Foundation Australian founder Brian Keen was featured in the July 2013 issue of online magazine, YMag.
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. Suppose you start fretting that you just might go bust. The chief barrier … Read more
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
Franchising is set to overtake manufacturing in terms of employment numbers within 10 years, according to Brian Keen founder and director of How To Franchise Simply. Recent treasury modelling has suggested that the number of jobs in employment in manufacturing is expected to shrink by 17 per cent this decade, wiping out 170,000 jobs. Keen … Read more
Australia is the world’s most franchised nation on a per-person basis, with three times as many franchises per head compared with the United States, IBISWorld research shows. The appeal of a franchise is clear. On paper, investing in one brings you turnkey convenience twinned with recognition. Still, you need not bust the budget – the … Read more
Australia is the world’s most franchised nation. It has three times more franchises per head compared with the United States, according to IBISWorld, which describes the $180 billion industry as “booming”. If you are keen to join the boom by buying a franchise, you’d better be careful. A recent watchdog report found that some franchisors … Read more
Franchising is a $128-billion-a-year business in Australia. Over a thousand franchise brands run across the country, covering every angle from coffee vending to in-home behavioural dog training. On paper, because its structure has been road-tested, a franchise is a money-making machine. In theory, any dropkick can run one successfully – all anyone has to do … Read more
Red Tent Radio Episode #29 featuring Brian Keen from Franchising Made Easy
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