Franchise recruitment can be a rewarding yet demanding role, and with an increasing number challenges facing both recruiters and prospective franchisees it is becoming more competitive than ever. Finding the right fit for your franchise brand can be difficult among a sea of prospective business owners, and then qualifying them Read more…
Franchising in Australia has been a historically male dominated industry, with many more men involved on both the franchisor and franchisee side. However, as the years go on there are more opportunities for women in franchising, even if they must create them themselves. The conversation of female representation in the Read more…
Franchise Funding Options There are a wide range of funding options available to prospective franchisees looking to open a new location, and existing franchise partners who are undertaking refurbishment or equipment upgrades. Broadly, these funding options can be categorized as either debt or equity finance. Equity finance describes a situation Read more…
Google Search Console Google Search Console is a free tool designed to help you evaluate and monitor your website’s presence among Google Search results. By registering with Search Console, Google can crawl your site and identify indexing problems that exist and may be impacting your rankings. Further, it can provide Read more…
Do – make sure that your location is an ideal fit for your café model Scouting out the right location for your business is crucial, and this is something franchisors can help with. For cafés it is important to take into consideration the franchise model and what store format will Read more…
Whilst franchise systems strive to make the process of purchasing and owning a franchise business as simple as possible, there can still be challenges to overcome. There is a wealth of resources available for potential and existing franchisees through their ownership journey, and we have listed the best of the Read more…
With most of Australia spending less time out and about, delivery services have become an essential tool for many franchise businesses. As many businesses struggle with decreased foot traffic, especially those located in shopping centres, the use of delivery services allows franchise owners to continue servicing their customers and maintain Read more…
The Australian government was quick to announce a Stimulus Package in response to the impact COVID-19 has had on Australia’s small business sector. However with all of the packages, schemes and boosts available, it can be tricky to understand exactly what your business and its staff are eligible to receive. Read more…
In any franchise, the network of partners is a broad and diverse group of people. Despite the common ties among them, their decision-making processes and business choices can all be very different. This can make achieving franchisee buy-in for network wide initiatives difficult and can slow down the process of Read more…
The journey of franchise ownership can be a roller-coaster of emotions, with franchisees often experiencing highs and lows throughout the process. FRI’s Greg Nathan explores this emotional journey in his model ‘The Franchise E-Factor’, which investigates how satisfied franchisees are at each stage of their business Journey. However unexpected circumstances Read more…
