Franchise Snapshot – February 2018 Edition
Hope you and your business are doing well. Here’s the February 2018 Edition of the Franchise Simply Newsletter
First Things, First
Building wealth is about more than just hitting a number. It’s also about cultivating the habits of mind that make saving second nature—or at least a whole lot less painful. But as anyone who’s ever tried to get in shape can tell you, changing behavior isn’t easy. Sometimes you need a clever “cheat” to help you on your way.
Globalization is affecting all of us in a number of ways. But, nowadays, the distances between people and cultures are drawing nearer and nearer – making it vital for each person to adapt with barriers such as culture and customs. This ability to adapt is now slowly becoming one of the vital traits a person should have when it comes to success.
Recent News You Might Enjoy
Leading Japanese food retailer, Sushi Sushi has announced it will again be available for players, media and tennis fans to enjoy at Australian Open 2018. For the third year in a row, Melbourne’s favorite sushi provider will be offering high quality Japanese cuisine at Melbourne Park, demonstrating its commitment to providing Australians with healthier options at major sporting events.
Gold Coast franchisees are giving their customers an extra treat in time for Christmas. Pizza lovers over the age of 18 can now order red or white wine, pale ale or cider delivered to their home thanks to Crust Gourmet Pizza Bar Broadbeach and Southport.
Australian hairdressing franchise chain Just Cuts has launched in the UK. The niche hair cutting business opened a standalone kiosk salon with a different design to traditional Just Cuts outlets.
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
Have you ever thought about being entrepreneur? Do you have the desire to find your true potential while continuing to grow and learn? Does it appeal to you to be in charge of creative direction, setting budgets, driving sales strategies – maybe even designing your own workspace? The potential of being your own boss sounds pretty exciting, doesn’t it?
As Franchisor and CEO of one of Australia’s largest strata management companies, Stephen Raff is often asked one simple question: ‘What makes a franchisee successful?’. His answer to this question has evolved quite significantly over the years and if truth be told, measuring success can be interpreted in a myriad number of ways as some people measure success according to financial growth, whereas others find work/life balance as a better measurement of success, or even something completely different entirely.
According to Helen Kay and Bianca Reynolds of Legal Vision: For a business buyer, the franchise space presents several advantages over starting your own business or buying another type of business. A franchised business not only possesses established clientele, but also prominent brand recognition.
Some Tips and Insights You May Find of Value
What will be driving consumer choices in 2018? The latest report predicts 10 top global consumer trends for the year ahead, revealing continued disruption for business. Leading the way in shaping change, mobile technology and access to the internet.
Franchising can be a rewarding investment, providing you with an opportunity to make the most of an existing brand and image. However, it’s important that you go into franchising with your eyes open..says Dr Michael Schaper of the Australian Consumer and Competition Commission.
Something You Might Want to Read
If you’re a retailer then this is a must-read. “How do shopping centre owners press for increases in rents of 4% or 5% pa. when the increase in the $ / sq m. sold through the Centres has been increasing in the range of 0.5% – 1.65% pa. over the last few years?”
For Your Diary
Our next Kickstart Franchise Weekend Workshop is on February 17th & 18th and the next is on the 16th and 17th of June. 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.
To your success,