As a franchise consulting firm with over 50% market share in Australia we have a very close view on the franchise sector through the brands that we assist launch into franchising and through the recruitment services we offer. We have seen a significant increase in the number of home service franchises entering the market and […]
One of the most important steps in your journey to find the ideal franchise opportunity is what’s known as validation. Validation refers to the process of interviewing franchisees who have bought into a concept that you have expressed interest in. It is during the validation process that you gain the most insight into whether a […]
We often are asked this question by budding first-time franchisees, especially those considering emerging brands. The reality is, the vast majority of franchisors are not open to negotiating their franchise contracts. It is advisable to have a lawyer with franchise experience look at any potential franchise contract and give you an honest assessment about which […]
Just because a franchise brand is new to franchising doesn’t mean that their business is new. To franchise a business, there must be a proven business model that has worked and that can be replicated. These emerging franchise brands may have perfected their operations and business model, but they will typically not have experience as […]
Times are changing and things are moving quicker than ever before, never has that been more evident than in the case of business ownership and entrepreneurialism. I don’t know about you, but I get confused about generational labels being used and what they actually mean, as if these labels weren’t confusing enough to keep up […]
People think food businesses look easy. After all, we all eat, and lots of us cook food, so it shouldn’t be that hard. They look like businesses that practically anyone can operate and make massive amounts of money in. After all, everybody eats and drinks, right? How hard can it be to operate one of […]
1. Why did you join the Franchise Ready network? I met Doug over 30 years ago during my McDonald’s career. I travelled to Sydney regularly to facilitate and present at McDonald’s top training course, of which Doug was also a trainer. Since then, I’ve been a business consultant and trainer across many industries, and worked […]
1. Why did you join the Franchise Ready network? Owning a franchise business can be both rewarding and terrorising, I bought my first franchise in 2019 prior to relocating back to Adelaide after 12 years working in the sector in Sydney. My first franchise was bought with the knowledge that franchising was a great way […]
Business Ownership versus Self-employment “Every business owner is self-employed, but not every self-employed person is a business owner.” —Doug Downer Around 16% of the world’s eligible working population get into business ownership, and they do this for several reasons: it may be to be their own boss, to take control of their life and future, […]
Top 10 Traits of Successful Franchisors
