franchising 101

On the surface there’s not much difference. A business focused on kids is run much like any other after all. But there are two things that differentiate… The question on who’s the client? And the associated question on who should be the franchisee? Both revolve around the central tenant we preach here at Franchise Simply … Read more

Having been through several recessions and challenging business environments in Australia over the years, the one thing I have found is that when the economy begins to emerge from a difficult period, there are enormous opportunities for the franchise sector, especially that part of the franchise sector offering simpler, low-cost service units, or mobile franchise. … Read more

In my mind, the following franchise mistakes all come under the umbrella of not understanding what a franchise is all about. Mistake One Thinking the existing business will form the franchise outlet and only getting a legal agreement and operations manual based on that. Invariably, to be successful as a franchise, you are going to … Read more

Expanding interstate or internationally definitely has different requirements which need to be accommodated. There are a number of things to think about and it definitely helps to be open-minded and flexible to change. Read on to learn more about taking franchisees from other states or countries. The need to delegate franchisor control First of all, as … Read more

Most business owners think about small business franchising as a way to grow but I find most just don’t take the step to make the necessary changes. Over the years I have found there are a number of reasons. To do this topic justice, I have written two blogs, each covering four of the eight … Read more

Most business owners think about franchising as a way to grow but I find most just don’t take the step to make the necessary changes. Over the years I have found there are a number of reasons. To do this topic justice, I have written two blogs, each covering four of the eight reasons business … Read more

There are a number of reasons for people to shy away from franchising. Is franchising a good idea? Firstly, most people have no idea what franchising really involves. They know that they need to work out fees and territories and that they need a legal agreement but that is about it. Also, it is difficult … Read more

Businesses should have franchising in mind from the beginning. However, this is said with some provisos. If you’re asking yourself, ‘should I franchise my business right now’, then read this first. The thing about franchising a business is that a franchisor is responsible, not just for running their own business, but for making sure their … Read more

I cannot stress enough how essential it is when it comes to selecting the right franchisees to run your outlets. You need people who will take complete responsibility for delivering your product or service to your valued clients in the way you specify. Every franchise outlet needs to look the same, feel the same and … Read more

As a franchisor, you need to implement a good induction process and follow it up with a great training and support system. Following the correct steps in franchising a business is essential. Keep the following points in mind when franchising a business: Base your model on a good legal foundation so everyone knows what is what. … Read more