FIRST THINGS FIRST
We’re often reminded that the best way to get what we want is to help other people get what they want.
That opening the door for others makes it more likely that others will open the door for us.
What makes it odd is the implication that if we don’t get, it’s hardly worth giving.
But what if we separated the two and simply chose generosity because we could?
It turns out that happy people are more likely to be generous. (Which implies that generous people are more likely to…
WHAT’S NEW AND TRENDING
Just Cuts boss Amber Manning and Kwik Kopy’s Sonia Shwabsky are fired up about their business plans.
In 2022 Inside Franchise Business and Franchise Executives editor Sara Stowe spoke with both these leaders for…
These tips were collated from discussions by seasoned franchisor executives at FRI’s recent Franchisor Executive Forum in Melbourne. Thanks to all those who contributed to this informative event.
It’s not just consumer sentiment that is testing new lows, the world’s business leaders are more pessimistic than they have been in 12 years, inundated with a series of risks that threaten their organisations and traditional ways in which they operate.
The good – banks’ appetite
The good news is the lending community is increasing its overall investment and desire to lend to franchises. That is great news for quality and attractive franchise systems, especially if they have already established a track record.
The ATO has Updated its Guidance on Business Valuations. Here’s What You Need to Know to Avoid tax Penalties
Whether you’re preparing for succession, planning a restructure, or thinking about selling, the Australian Taxation Office (ATO) will…
The operator of franchising brands Donut King, Crust, Pizza Capers, Brumby’s and more, Retail Food Group (ASX: RFG), will make payments of $13 million to a number of franchisees after the company reached a settlement with the consumer watchdog.
Rayleen Brown has conquered many hurdles to set up a small catering business, and now she may face one of her biggest yet: getting a loan from Australia’s private finance sector.
The summer break provides an opportunity for many of us to wind down and catch up on our reading, listening and watching. We asked seven Aussie founders what books, podcasts and TV shows they’ll be hooking into over the holiday season.
Myron Golden has climbed the ladder of success and in-doing so he’s stumbled across what he has coined ‘The Master Key To Influence’. In this highly entertaining talk Golden highlights every key component to fulfilling this idea — and encourages us to overcome procrastination…
“One thing is certain: that, even though the craft is a lifetime’s study, the application of a few simple principles will assuredly bring success in woodworking. In the first place, never start a job until you know precisely how you are going to do it. Pass its construction step by step through your mind, so that you may hit upon the snags and mentally smooth them out.
Great companies don’t offer us something to buy. Great companies offer us something to buy into.
A few weeks ago, I attended the wedding of my nephew. It was a beautiful event held in the forest on a mountain top near my brother’s home. As we waited excitedly for the bride to arrive, classical music from a violinist and cellist seated under a gum tree, floated amongst us on the warm spring breeze.
FROM THE FCA
Under the current regulatory framework, large businesses and government enterprises must submit information on their payment terms and actual payment performance for small businesses to Treasury every six months. The reports are subsequently made…
Angela Cote and Robert Bruski chat about what an accountability chart is, what it means, how to create one, and specifically, how it differs from an organizational chart. Spoiler: It’s a tool to ensure that your team knows what their responsibility is and for you to know how to grow most efficiently.
Starting a travel business when no one wants to travel might seem like a bad idea, but it can offer lessons for the long term that ultimately create success.
In this episode we speak with Steve Witt the Co-Founder of The Travel Franchise and customer facing brand Not Just Travel, as he explains how he did just that and how he is now helping other people to create success for themselves.
Matt talks about his experience on Undercover Billionaire and how it impacted his mindset and the launch of his business. He also shares key tips for franchisors when it comes to building a personal brand, effective marketing, and growth through organic leads.
FOR YOUR DIARY
Dates have been announced for the Franchising & Business Opportunities Expos 2023 & 2024
Grab your free tickets to all expos online here and use the promotion code TXF.
6th-7th May 2023 at Melbourne Convention Centre, South Wharf
11th-12th August 2023 at ICC Sydney, Darling Harbour
5th May 2024 at Crown Perth, Burswood
1st-2nd June 2024 at Brisbane Convention Centre, South Bank
ARE YOU READY?
Strong enquiries are being seen by the switched-on groups according to the franchise community that I hear from.
Whether this is simply due to COVID or wider market realisations and acceptance that franchising is the answer to people wanting to step out and own their own business I don’t know – it doesn’t matter.
What does matter, however, is that the whole business scene has altered immensely in recent months.
The fact is.
Businesses who invest in franchising as a road to their own growth, and do it properly, embracing the new technologies, are going to leave their competitors for the dead.
Give me a call on 0417 211 366 and we can have a confidential chat – you may be surprised how simple and effective franchising your business can be…
I hope you enjoyed this.
To your success,