Franchize Consultants
New Zealand Franchising Consultants Firm
KEY HIGHLIGHTS Franchisors and Service Providers demonstrate a strong shift in confidence levels, with changes prevalent in sentiment toward general business conditions and growth prospects Availability of suitable staff along with suitable locations showed increased sentiment. Previously these were viewed as key challenge areas. Franchisor sentiment towards franchisee sales levels dipped, although remains strong. The …
KEY HIGHLIGHTS Franchisors and Service Providers demonstrate a continued increase in confidence levels across many areas, particularly, general business conditions, franchisee sales levels, and franchisor growth prospects. Both Franchisors and Service Providers were positive in their outlook for general business conditions. Availability of suitable staff were a standout challenge, and positivity toward franchisee profitability levels …
So why do companies franchise? And is franchising for mainly cash-strapped, but ambitious small businesses? 20 years ago this question was something I dived into for my Masters of Commerce thesis. 10 NZ-founded franchise systems varying in sector and size provided their motivations – many of whom have now grown into large national enterprises. It is always …
KEY HIGHLIGHTS Responding Franchisors and Service Providers demonstrate a positive outlook overall in the areas of general business conditions, franchisor growth and franchisee profitability. Concerns emerge for key growth enablers, including access to finance, access to suitable franchisees and availability of suitable staff. Whilst the numbers show a decline, both franchisors and service provider comments …
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 …