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 …
Resources & News
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Why Franchise a Business
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 a topic that deeply interests me. People often have lots of questions, preconceived …
Franchising Sentiment Positive, But Growth Constraints Emerge
View a copy of the full April 2017 Franchize Consultants Franchising Confidence Report 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. …
Franchising and Licensing a Business Events
Franchising and licensing a business can be a very successful way of growing and improving an established business. Find out more in one of three dedicated sessions in Auckland, Wellington and Christchurch. The sessions for ambitious business owners are organised by Franchize Consultants, in association with MYOB and Westpac. For more information, or to book a place call or email Kayleen Smith: Telephone. 09 523 3858 Email. …
Franchise Technology Event – Tech for Franchise Success 2017
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 improvements in business tech. Learn how using tech in your franchise business …
Are You Measuring and Managing Franchisee Satisfaction?
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 satisfaction. Franchisee satisfaction …
New Zealand Franchising – Franchisors Start 2017 Optimistic
New Zealand Franchising New Zealand Franchising | Franchize Consultants’ January 2017 Franchising Confidence Index demonstrates an increase in confidence across many sector growth drivers. The latest New Zealand franchising results indicated positive franchisor (net 31%) and Service Provider (net 41%) sentiment toward general business conditions. These results were shared by the latest results of other more general business surveys …
Franchisor Sustainability and Buying a Franchise
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 own skills and fit with franchising, and much more. There is a lot …
Franchising Research – Key Franchising Sentiment Metrics Remain Positive
Franchising Research Franchising Research: Franchising Sentiment Metrics Remain Positive Franchize Consultants (NZ) Ltd Media Release 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. …
Making Franchise Field Visits Great
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 examples being they: Demonstrate franchisor …