What is the Franchise Association of New Zealand?
The Franchise Association of New Zealand is an organisation that brings together
franchisors, franchisees and others working in the franchising, such as accountants,
lawyers and other affiliates. Processes such as learning and exchanging knowledge
are facilitated to encourage high standards of conduct.
The Franchise Association of New Zealand's Code of Practice and Code of Ethics must
be adhered to by all members. Although franchises are generally covered by business
law, there is no legislation for franchising in
New Zealand
. The Code of Practice states the franchisor must fully disclose the franchise to
prospective franchisees before the applicant makes the final decision. With no specific
franchise law, this protection is only available through dealing with Franchise
Association of New Zealand members.
As publications, meetings, seminars and other gatherings take place, the Franchise
Association of New Zealand assists those contemplating buying a franchise make the
best decision for their individual circumstances. The Franchise Association of New
Zealand also ensures those existing members of the franchise adhere to high standards
right from the very beginning.
With 160 members of the Franchise Association of New Zealand representing more than
5,000 franchisees, the group includes both franchise divisions of large corporations
as well as independent success stories.
Not only is the Franchise Association of New Zealand a member of the World Franchise
Council, but it is also one of the founders of the Asia Pacific Franchise Federation
and therefore assist members wishing to expand internationally.
What are the benefits of becoming a member?
One benefit of becoming a member of the Franchise Association of New Zealand is
access to a vast collection of franchise information. The Franchise Association
of New Zealand is a meeting place of franchises and affiliates from a wide range
of industries and sectors that will allow businesses to cross-pollinate and allow
individuals to network with others in the franchising arena. Indeed, becoming a
member of the Franchise Association of New Zealand will hold you in good stead in
the franchising community, as your credibility will be consolidated amongst both
peers and potential customers, when they see the Franchise Association of New Zealand
insignia against your franchise.
The Franchise Association of New Zealand's logo alongside your franchise will be
a true point of difference for those franchises and affiliates against non-members.
This allows for a distinct marketing and advertising advantage. Members will receive
very competitive rates for attendance to conferences, seminars and other franchise
gatherings. Another key benefit of membership to the Franchise Association of New
Zealand is collective liaison with the government as a respected and highly regarded
franchise corporate body. Members of the Franchise Association of New Zealand will
be some of the first to know in franchising news and updates in the area.
Franchisors receive a free copy of their choice of either The Franchisor's Guide
or The Franchisee's Guide. These publications commissioned by the Franchise Association
of New Zealand hold valuable information for those owning or operating a franchise.
Not only will members be advertised at franchising expos and the Franchise Association
of New Zealand's website, but franchisors and advice providers receive a free listing
in the Franchise New Zealand magazine and website. The Franchise Association of
New Zealand also acts as a collective franchising voice in the media, to enhance
its image in the public sphere, as well as to serve franchising's best interests
in media channels.
Affiliates, such as lawyers and accountants, also benefit noticeably as member of
the Franchise Association of New Zealand. Regular seminars and meetings are conducted
by the Franchise Association of New Zealand on topics of specific interest in specialist
areas. These conferences will enable the affiliates to network with many established
and upcoming franchisors to further extend understanding of franchise systems as
well as the opportunity to expand their client base and generate further business.
How to become a member
Franchisors have much to gain from being a member of the Franchise Association of
New Zealand. There are no laws in
New Zealand
that specifically deal with franchising. Some may take advantage of this legal loophole.
With a window of opportunity for unscrupulous franchisors, those dealing with franchisors
or affiliates can trust members of the Franchise Association of New Zealand are
genuine.
Also, prospective franchisors wishing to expand their successful enterprises will
enjoy the many advantages of franchising as well
as the many disadvantages. Given the fact that the business relationship
between franchisor and franchisee becomes quite close, the interests of both parties
will be best served if franchise operates properly right from launch. New franchises
with the greatest chance to succeed will be those who have been given advice by
affiliates who are members of the Franchise Association of New Zealand.
In addition to the extremely beneficial ability to use the Franchise Association
of New Zealand's logo, meeting other members allows many different opportunities
to open up and the chance to learn from other members. Gatherings take place around
the country.
To contact the FANZ regarding membership simply fill in the form below and our membership
manager will be in touch.
Why deal with members
In general, purchasing a franchise is seen as being a lower risk venture than going
into a business that is not franchised. With the vast array of franchises being
presented throughout
New Zealand
, there is more than likely something for everyone in most industries across the
board.
Not all franchises are created equal. Some franchises have been operating for many
years and are therefore very well established with a solid image in the eyes of
the public. Other franchises may be new and dynamic, making a name for themselves
in the world. The ultimate truth is that, in the world of the franchising, there
are both good and bad operators.
While consumer and commercial legislation does exist in
New Zealand
, there is no franchise-specific legal protection. The Franchise Association of
New Zealand ensures prospective franchisees have at least some information disclosed
before they make a decision to purchase a specific franchise.
Franchise Association of
New Zealand
members are franchising professionals who endorse "Best Practice in Franchising".
Potential members of the Franchise Association of New Zealand undergo an in-depth
and thorough evaluation process before being admitted to the group. A component
of this evaluation process is making sure all their records at the time of application
are in line with the Franchising Code of Practice. This ensures prospective franchisees
are given a comprehensive disclosure document, a "cooling off period", a franchise
agreement and a copy of the Code of Practice.
Only members of the Franchise Association of New Zealand are obliged operate by
the Code of Practice. Those franchisors and affiliates who are non-members and have
therefore not had their practices evaluated by the Franchise Association of New
Zealand are not obliged to operate with the code.
The Franchise Association of New Zealand does not take granting membership lightly.
Those who meet the high standards of the group reflect the best of the
New Zealand
franchising community as they have undergone the strict evaluation procedure. Members
of the Franchise Association of New Zealand stand alongside the very best in the
world.
Members of the Franchise Association of New Zealand include financial institutions
who have specialised franchise departments to help franchisees secure finance; consultants
who determine the viability of franchising a commercial entity, prepare business
plans and develop franchise operational manuals; lawyers who remark on appropriate
franchise structures, trademark and copyright legal advice as well as drawing up
franchise agreements and accountants to ensure the business runs efficiently, evaluate
cash-flow as well as future projections.