Franchize Consultants
New Zealand Franchising Consultants Firm
This article explores the criteria for franchising a business suitability. Franchising and licensing are very successful ways of growing and improving a business, as proven by many household names in New Zealand (e.g. Columbus Coffee, Green Acres, Harcourts and Fastway Couriers), and globally (e.g. McDonald’s, Coca-Cola and Snap-on Tools). All are looking to grow a …
Franchize Consultants extends an invitation to franchisors to attend the franchise technology event – Tech for Franchise Success 2017. Tech for Franchise Success 2017 is an MYOB led event, also involving Westpac Bank and Franchize Consultants. Franchise Technology Event MYOB are running a special event aimed at helping franchisees get the most out of the latest …
Measuring franchisee satisfaction is important, as franchisee satisfaction is a powerful concept in franchising. Positive levels of franchisee satisfaction can contribute to strong network growth and development. Meanwhile, poor satisfaction levels have the potential to destroy value and send a franchise system into a slippery downward spiral. If you’re a franchisor you should monitor franchisee …
New Zealand Franchising | Franchize Consultants’ January 2017 Franchising Confidence Index demonstrates an increase in confidence across many sector growth drivers. New Zealand Franchising Overall, Franchize Consultants’ Franchising Confidence Index in January 2017 demonstrates continued levels of optimism in New Zealand franchising in the previous quarter. Franchisors continue to maintain a positive outlook for general …
Evaluating franchisor sustainability and buying a franchise is a critical issue when looking to buy a franchise business. Long term franchising requires a viable franchisor. Franchisor Sustainability and Buying a Franchise Buying a franchise is a complex undertaking. There\’s a lot to understand; not least, the type of business, the market, the potential, the funding, your …
Franchising Research Highlights Franchisors and Service Providers sentiment continues to provide an optimistic outlook specifically across the areas of franchisee sales levels, franchisee profitability and franchisor growth prospects, and notably increased confidence in relation to access to finance. Franchisors sentiment toward general business conditions was substantially more positive this quarter for franchisors, with Service Providers …
Franchise Field visits are one of the most important franchisor management processes. A well-constructed and executed field management programme, in turn, can have a dramatic and positive impact on both franchisor and franchisee results. Impactful franchise field visits are the result of strong foundations There are reasons why franchise field visits are valuable, with key …
Franchisees make a big commitment via the franchisee investment when buying a franchise. Franchises range in value from circa $20,000 to what can often be more than $400,000. In some situations franchisees will invest close to or even more than $1 million – depending on the type of business, structure and situation involved. Franchisees that invest …
The July 2016 Franchising Confidence Index by Franchize Consultants indicated a strong outlook for franchisee sales and profit. Key Highlights – Franchisee Sales and Profit Responding Franchisors and Service Providers sentiment provides a more optimistic outlook specifically across franchisee sales levels and franchisee profitability. Franchisors sentiment toward general business conditions was slightly more sombre this quarter. …
Change is nothing new, and with change comes the need to conduct a Franchise Review and adapt. McDonald’s and many other blockbusting franchise companies would simply not be around today had they not regularly reviewed and revised their business formats, applying best practice to achieve and maintain their market their leadership. New Zealand franchise companies …
Franchize Consultants Franchising Confidence Index April 2016 demonstrates sustained strong franchisor confidence levels for many areas, like general business conditions, franchisor growth prospects, franchisee sales levels and, to a lesser extent, franchisee profitability. However, sentiment reductions were evident across many of these and other measures. Franchisors were still on balance quite positive about general business conditions (net …
How to franchise a Business with Strong Foundations? A franchise system needs to be designed and built responsibly, that is how to franchise a business to succeed. That responsibility starts with designing an appropriate franchise structure based on a successful operating business that has been proven in the field over a period of time. Franchising …