Franchise Snapshot – December 2019 Edition

Hope you and your business are doing well.
Here's the December 2019 Edition of the Franchise Simply Newsletter

First Things, First

Catherine's Quest for her own business

She began as a part time receptionist working through university. Now she owns and runs two serviced apartment businesses…

Why you need to know your neighbors - and your customers

Domino’s recently surveyed more than 8,500 customers and found old phrase ‘love thy neighbors’ is a thing of the past, with people seemingly more disconnected than ever before.

Working Capital: An essential guide for small business

Working capital is what makes the business world go round. It’s at the heart of every thriving enterprise, from fintech start-up to craft brewer. A barometer of financial health. A key management tool.

6 Factors to Consider when Relocating your Business

As a leader of your organization, the last thin you want to do is make a decision that could severely impact a stakeholder, or cause the business to suffer a financial loss.. Here are 6 factors for you to consider…

Is E-commerce Overtaking Traditional Retail?

The numbers are clear – and you need to know(like backwards) the pros and cons for traditional business.Read them here…

Are you a Proactive or Reactive Business Leader?

Do you believe a pro-active business approach revolves around the idea that it’s essential to be fully aware of the dynamics of your market?

The Supply Chain of a Franchise-Managing the Challenge

Managing a franchise’s supply chain is not an easy task, but that doesn’t mean that there aren’t several time-tested solutions that will help you minimize costs and maintain stellar productivity and efficiency.

How to get the best Franchise Deal?

Never rush to sign unless you’re satisfied you’ve negotiated the best deal. When it comes to franchising and leasing, the documents you sign will govern your business dealings for many year to come..

Training staff to prevent workplace bullying and harassment

According to ACAS, Bullying is defined as ‘offensive,intimidating,malicious or insulting behavior,abuse or misuse of power. Harassment , defined by the Equality Act 2010, is regarded as any form of behavior that makes an individual feel intimidated or offended.

Smart Tech

Peter Diamandis: Jet-powered VTOL drone is like a quadcopter on steroids

According to the company, the AB5 is “the world’s smallest and most powerful jet-powered drone with vertical take-off and landing (VTOL) capabilities.”

Five lessons learned from generating two million plus leads

Today’s complex digital landscape has made it all the more challenging for SMEs to effectively capture attention,be heard and earn trust…

So You Want to Get Into Franchising?

Franchise Marketing Guide

While franchisors must create a profitable brand and business model that can be easily replicated,franchisees must help maintain brand reputation in order for it to retain its value.

5 Franchise Finance Essentials for New Business Owners

Research and due diligence are the heart of good preparation for a franchise purchase, and it’s no different when prepping for the franchise finance aspects. Here are five finance essentials you need to consider and action…

5 Ways to Turn Unproductive Employees into Superstars

So you’ve got yourself a handful of employees who just aren’t getting the job done or maybe they aren’t getting it done fast enough. Here are five simple strategies to turn your unproductive employees into company superstars…

R U OK?How business leaders can build resilient workplaces

Business leaders have a critical role to play in looking after their teams mental health by driving these initiatives as well as encourage open communication and positive relations within their team,all of which are integral to creating cultivating a positive working environment that places their employee’s well-being front and center.

Some Tips and Insights You May Find of Value

The 5 Golden Rules of reducing your occupancy costs

Guru Brian Walker tells us the second golden key rule is to gain a comprehensive understanding of your lease proposal. Knowing the key terms and conditions of your proposed lease thoroughly is the next stage of research.

Get Happy Hour

Have you heard about the impact your light environment has on you is a serious concern, and why the BIG SECRET to keeping your energy boosted is getting natural light into your system in the morning, lunchtime and sunset… a magic podcast from the wonderful Carla Maree Simpson

How to Create and Maintain Strong Franchisor-Franchisee Relationships for the Long Term

In franchising, the importance of the relationship between franchisor and franchisee can’t be overstated. If you’re new to the industry on either side of the aisle, it’s essential to understand what these relationships entail.

What is Cash Flow? The complete guide for small businesses

As a small business owner, the survival of your business depends on the way your money moves. Understanding how cash flows in and out of your business gives you the power to grow strategically.

Something You Might Want to Read

Business Franchise Vol 13 Issue 01 Nov/Dec 2018

This issue of Business Franchise follow on Laser clinics Australia, Essential ways to influence customer experience through people and special feature on health,fitness and beauty.

Inside Franchise Business Vol 6 Issue 31 Nov/Dec 2018

The issue of Inside Franchise Business follow on loving the lifestyle-five franchisees share their good news stories,Bubbling you-Why tea is more than a tasty brew, Hire a hubby nails hat-trick Handyman brand triumphs in awards.

For Your Diary

Dates have been announced for the Franchising&Business Opportunities Expo 2020

Sydney :20-21 March at ICC Sydney, Darling Harbour
Perth: 3 May at Crown Perth, Burswood
Brisbane: 19-20 June at Brisbane Convention & Exhibilition Centre, South Bank
Melbourne: 21-22 August at Melbourne Exhibition Centre, South Wharf

Remember you can drop into our News section from time to time and keep up with the latest interviews– there are some gems being added every couple of weeks. And you can speed up the reply with Enounce ‘My Speed’

I hope you enjoyed this.

To your success,

FOOTER SIGNATURE

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