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Tabatinga Family Fun Centres-
Tabatinga Family Fun Centre founders, Cathy & Brian Parker have won the Chamber of Commerce 2011 Marketing & Advertising Award for the second year running. The award recognises the innovative and effective marketing strategies that the couple have put in place over the last 12 months.
Brumby’s Bakery-
November, 2011, marked an important point in RFG´s history where we officially went GREEN! The ´RFG Green Team´, staff members embraced this initiative, changing out of their suits and swapping them for green shirts, hats, and one even coloured his hair!
Go Sushi-
Go Sushi ensures their Franchise Partners have the best opportunity to start off on the
right foot.
Go Sushi has recently updated their 2 week long, Retail Training Group that’s aimed at
providing Franchisees and Managers the tools and knowledge to successfully run and
promote their business the best they can. The Retail Training Group is provided for
both new and existing franchisees.
FRANCHISE ADVICE ARTICLES
Understanding the psychology of success
By understanding the psychology of success, franchisors will better understand how to motivate and lead their franchisees. The steel industrialist Andrew Carnegie (whose wealth was greater than the current combined assets of Bill Gates and Warren Buffett) began comprehensive research on the key attributes of success in the 1920´s.
Why can’t I sue the Franchisor? – Exit Strategy
There are many successful Franchise systems that operate responsibly and support their Franchisees. However, for a variety of reasons, Franchisees may have entered into a Franchise system and become disillusioned.
Should the Franchisor terminate without notice?
When acting for franchisors, an issue can arise where a franchisee is found to have engaged in fraudulent behaviour. This can be failing to properly account for cash or sales or manipulating the cash or POS system. Should the franchisor, confront the Franchisee and disclose the information it has and give them a right of reply, or just terminate the franchise without notice? What are the risks to the franchisor?
Product and Supply Issues for Franchisors and Franchisees
A Franchise agreement may require the franchisee to purchase products exclusively from the franchisor or its approved suppliers. The franchisor may be supplying a particular product which can not be sourced elsewhere, or they may be using their buying power and supplying products at a reduced cost.
DO YOU BELEIVE YOU CAN BE SUCCESSFUL?
Perhaps the most powerful single factor in your financial success is your belief about yourself and money. We call this the Law of Belief. It says simply this, "Whatever you believe, with feeling, becomes your reality." We have a tendency to block out any information coming in to us that is inconsistent with our reality.
How To Choose The Right Franchise - Part 2
In part one of this article we looked at how to create your list of potential franchises and the initial stages of the evaluation process that follows, following part one you should have a good idea of what you want out of a franchise and have put together a short list of the franchises that you think suit your needs best. In part two of this article, we will look at how to shorten this list again with the next phases of the evaluation process.
Franchising Vs Going It Alone
One of the prime advantages franchising has over going it alone is that a franchisor is afforded the ability to expand its business without having to provide all the capital or employ others to achieve that expansion. Indeed, the primary barrier to expansion faced by today´s business person is capital.
TO BE OR NOT TO BE!
The consequences of not seeking specialist advice and identifying whether your business model is one that clearly falls within or outside the definition of a Franchise Agreement can be costly and damaging.
How To Choose The Right Franchise - Part 1
One of the great things about franchising is that franchised businesses provide many people with the opportunity to enter new industries, roles and careers, without the need for extensive experience but one of the hardest things about becoming a Franchisee is choosing the right one!