Franchize Consultants
New Zealand Franchising Consultants Firm
Franchisors need regular access to franchisee financials so they can understand how franchisees are doing and how the unit-level business model performs in different situations. Access to timely franchisee financials is also critical so that a franchisor can tailor support for individual franchisees. Other important reasons include a franchisors ability to monitor performance and set …
Best practice field visit management means not only a structured agenda with clear objectives, but an agenda that is mutually agreed by the field manager and franchisee in advance of a visit. An agreed field visit agenda is beneficial and important for many simple reasons, not least: An agreed field visit agenda in advance should …
If you have a desire to be competitive in your market, and with your franchising programme, then you will certainly benefit and learn from the process of entering franchising awards. In New Zealand, franchising awards are open to franchisors and franchisees, and there are both sector and supreme awards. Furthermore, there are awards for the …
The world of business and franchising is changing rapidly. Accordingly, in our experience, franchising companies benefit strongly from a periodic franchise system review. Based on our experience, franchise system reviews have provided participating companies an important opportunity to put a stake in the ground and then move forward; taking stock of the situation and performance …
Franchisee tenure is an important reflection of franchise system health and franchisee satisfaction. If franchisee tenure is short, particularly compared with similar businesses, this is clearly important to know. Short tenure is challenging for a franchise system because: Overall franchise system growth is constrained (as well as the benefits associated with economies of scale), as …
KEY HIGHLIGHTS The Franchize Consultants’ April 2019 Franchising Confidence Index indicates continued subdued sentiment. Franchisor outlook for general business conditions (net negative 15%) dipped after a small lift in January sentiment at net negative 3%, whilst Service Providers sentiment negated the positive gains seen in January of net 19%, to indicate sentiment of net 0%. …
Franchisors operate in two business arenas. First is the business that came first; namely the business associated with finding and satisfying customers – and all that entails from a resource, value proposition, profit formula and process standpoint. Second, is the business of franchising which, while integrating with, and enabling the first, introduces its own factors …
Got a question that can’t wait? Give us a call, we’re happy to have an informal chat on 09 523 3858. Franchize Consultants is a specialist consulting firm focusing on franchising, licensing and other multi-site ownership forms. Our key services involve helping companies to: Evaluate and establish franchising and licensing networks, and, Improve established franchising and …
Got a question that can’t wait? Give us a call, we’re happy to have an informal chat 09 523 3858. Grow Your Business with expert help from Franchize Consultants. We are a leading, multi-award winning franchise consultancy. Book our free business growth consultation. Find out which business growth strategy is right for your business success. …
Got a question that can’t wait? Give us a call, we’re happy to have an informal chat 09 523 3858. INTERNATIONAL FRANCHISING SERVICES We provide essential services for anyone considering International Franchising. Success in one context does not guarantee success in another. There are large numbers of important factors that need to be considered when deciding …
Our research conducting comprehensive Franchise System Reviews and work with many franchisors, suggests an often-great opportunity to clarify the purpose of a field visitation programme. In turn, this helps create a platform for a more effective field visit programme – for the benefit of franchisors, franchisees, and field managers (themselves). Historically, it used to be …
Experienced franchisors know the difference between a Good and Great franchisee. More than 20 years ago, in my own research, a multi award- winning franchisor commented on the sometimes stark performance differential – even when controlling for other relevant factors: The new owners took it from $660,000 to $1,890,000 in less than three years. We’ve …