There’s no competition for cookbooks on making food out of soccer balls and hockey pucks.
There’s no competition for software that charges you to find out the temperature on Mars.
There’s no competition for a service that counts how many pairs of shoes you own.
In fact, in every market that’s worth entering, there’s competition. That’s what you’re looking for. It’s a sign that people have a problem that they’re trying to solve through commerce.
The goal isn’t to find no competition. It’s to find a better way to solve the problem.Wellness centre chain City Cave will open its first Victoria site this November and December.
The Australian-owned company will add Ivanhoe, West Melbourne, Carnegie and Braybrook to its network.Iowa-based Happy Joe’s Pizza & Ice Cream is quickly becoming the go-to destination for creating magical memories worldwide with the addition of its new international franchise partner.Korean hot pot franchise Paik’s Pan will be opening its doors for customers in Melbourne in January.
Located at 15-17 Healeys Lane, in the heart of Melbourne’s CBD, the opening follows the successful launch of Paik’s Noodle in early 2022Earlier this year, at the request of the Australian Government, my office conducted an inquiry into the small business disaster resilience following the rolling disasters of bushfires, drought and floods and the COVID-19 pandemic. We visited 36 communities across Australia to directly hear from small and family businesses impacted…Jim Penman has been the chief executive of home service franchise Jim’s Group for 34 years. Since founding Jim’s Mowing with $24, he has turned his nearly 5000-strong franchise empire into a household name that rakes in close to $1 billion in revenue a year.We covered some of the key aspects of the Hanaromart franchise business, including their position in the market and growth targets, the type of people that are best suited…Ongoing staff shortages for small businesses across Australia are now at a record high, with 83% of survey respondents reporting that the greatest challenge for small businesses is the availability of suitable employees for franchisees.Despite building material manufacturer Brickworks (ASX: BKW) announcing a record underlying profit of $746 million for FY22, the company flagged it will face softer demand in the second half as rising interest rates impact the housing industry.
The group’s revenue grew to $1.09 billion year-on-year, reflecting an increase of …A parliamentary report into the federal government’s industrial relations bill has recommended carving out a greater number of small businesses from multi-employer bargaining.The study also discovered that spending is expected to continue in 2023, with 68 per cent of local IT professionals wanting to…
Franchisors in Australia have been warned to prepare for the introduction of new laws that will make them responsible for employee underpayments made by franchisees.
Speaking at the National Franchising Conference on the Gold Coast…With recipes developed by the former personal chef of renowned vegetarian Sir Paul McCartney, plant-based restaurant Flave is raising a sizeable amount of cash for a chain with just one store, but that Bondi outlet is merely the entrée for a long lunch ahead.Andrew Tarvin is the world’s first Humor Engineer teaching people how to get better results while having more fun. He has worked with thousands of people at 200+ organizations, including P&G, GE, and Microsoft. Combining his background as a project manager at Procter & Gamble with …”Asking what makes someone successful is like asking which ingredient makes a recipe taste good. It’s not any single ingredient. It is the combination of many ingredients in the right proportions and in the right order—and the absence of anything that would ruin the mixture.”Leaders and managers are often challenged with the complexity of their role and competing priorities. Let’s consider what their key focus areas should (or could) be for leaders and managers.
Academics have painstakingly analysed the difference in the roles between…Hey,
You probably already know that The Global Success Academy recently became Quantum Orange.
I sent out a few emails with details about the rebrand, so I’m sure you’re all caught up.
But here’s something you might have missed…
Before I launched the new website, I created some really amazing resources for it.
Greatness happens when someone with the ability to imagine partners with someone with the ability to see.
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.After the close of lodgement was due last week, Treasury has now informed the FCA that the Federal Government’s Franchise Disclosure Register has gone live this afternoon for public viewing.With so much going on in the world, economically and politically, there must be some sort of impact on small businesses and franchising. Angela Cote and Robert Bruski get into some of the weeds of what’s going on in this episode.In recent times the care industry has seen a boom in Home Care services, but starting a business in this sector is really challenging as it’s highly regulated.
It’s a challenge that was faced by our guest for this episode, Greg Renk, who could see the opportunity in the sector and leveraged having the right team around him to build his own successful business.Lane is a Franchise Attorney and co-creator of the Springboard Franchising Conference. Jeff is the co-founder of Front Street Equity Partners.
Today, the trio discusses one of the most common mistakes emerging brands make and gives a simple solution to avoid it.Our famous Franchise Radio Show, #2 on Top 25 Franchise Podcasts is now available on Spotify* – simply Bookmark it for instant access – how easy is that?Dates have been announced for the Franchising & Business Opportunities Expos 2022
Grab your free tickets to all expos online here and use the promotion code TXF.
BRISBANE
14th-15th October 2022 at Brisbane Convention Centre, South Bank
PERTH
13th November 2022 at Crown Perth, Burswood
MELBOURNE
24th-25th March 2023 at Melbourne Convention Centre, South Wharf
SYDNEY
11th-12th August 2023 at ICC Sydney, Darling HarbourStrong 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.
Interested?
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,