Tips to secure your bank finance
TIPS TO SECURE YOUR BANK FINANCEOwning your own franchise business is a dream for many New Zealanders and as exciting as the dream may be, the realities of actually ‘taking the plunge’, particularly in the area of securing your bank finance, can be e
Franchising : A recipe for success?
The Edmonds Recipe Cook book is a trusted reference for fail safe recipes for everything from A to Z in cooking. Over 3 million books have been sold evidence of the popularity of this publication.
EXPORT READINESS: Are you ready?
EXPORT READINESS: Are you ready?International franchising is tempting for many franchisors. Overseas markets such as Australia, Britain, USA, Canada and China are attractive to local businesses because they are often perceived to present huge, untapp
Franchising your business - the time could be just right!
Franchising your business - the time could be just right!When unemployment soars increased interest in franchising often follows - as many individuals take charge of their career by purchasing and operating a franchised business. This proved true dur
Should I run a pilot before I start franchising my business?
Should I run a pilot before I start franchising my business?The answer to this question is normally yes but there are some exceptions.Pilot operations are the first step in assessing whether your business is suitable for franchising and just like a p
Is it possible to alter franchise boundaries?
Is it possible to alter franchise boundaries?This boundary that you will have to operate within is, in franchise speak, called the territory and will be detailed in the franchise agreement. Territories are often detailed by drawing the boundary on a
The money side of franchising
Many people talk about franchising as using other peoples capital to grow your business, this is not entirely accurate.
How Do I Unlock the Potential of My Franchise System?
How Do I Unlock the Potential of My Franchise System?Franchising is currently in a state of flux. In particular, the recent recession has meant that a number of once successful franchise systems have encountered financial difficulties (at both a fra