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Franchise Opportunities, Franchise for Sale

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Franchise Industry News

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Date: 16/Apr/2012

fund manager, Steven Marks. The chain started in 2006 in Newtown NSW, and has explaned to 12 locations. It plans to get to 23 outlets by the end of 2012. Its latest outlet in the new Westfield Carindale "Glassh House" section is rather impressive and has attracted mass crowds from day 1 due a 3000+ burito giveaway. To find out more about Guzman Y Gomez - you not drop by to on of their outlets today? Full location listing available at: http://www.guzmanygomez.com/locations/

Permanent Link: Mexican Invasion - New Guzman Y Gomez Brisbane locations

Date: 13/Apr/2012

issues with Ice Cream wholesalers and retailers. The flip side of the stock piling could also backfire on the speculators once a regular supply is restored, but it is impossible to know when this will occur. According to Mintec: "The stocks in the world are being run down, and we are getting to a point now where we are likely to see the price suddenly shoot upwards." He added, "It is the most expensive ingredient in ice cream production per kilogram, so it is highly likely that

Permanent Link: Vanilla pod shortage to push up ice cream prices

Date: 13/Apr/2012

their budget in order to make sure that they don’t spend too much. The good news is that most franchises offer different “packages”, allowing individuals to choose the one that best fits their budget. Inquire about Requirements Note that fitness franchises often have requirements before approving a franchise. For example, there must be a specific amount of people within the area before a firm would allow the franchise of their business. This is because they need to make

Permanent Link: Choosing Fitness Franchises

Date: 30/Mar/2012

interested in becoming the master franchisee - go to this site and express your interest: www.jambafranchise.com The company's stock is still very cheap and has a great growth potential. As the economy shows glimmers of turning around and consumers spending rising - Jamba is in a good position to cash in. Health savvy consumers are expected to return to their healthy habbits once the worst of the GFC has passed. Browse our site for Jamba Juice and other Juice Bar Franchi

Permanent Link: Jamba Juice shows strong 2011 earnings

Date: 25/Mar/2012

background. He had a blue grey t-shirt wrapped around his head." The robbery is part of a worrying trend in many small towns in Australia. The high Australia dollar, soaring unemplyment outside the mining sector, and excessive business regulations are pushing youths towards criminal activities. This is especially evident in Sydney's west and in QLD's Gold Coast, but the trend is nationwide. Anyone with information about the robbery should contact Crime Stoppers on 1800 333 000.

Permanent Link: Eagle Boys Franchise - robbed with machete

Date: 16/Mar/2012

to deliver a quality product – every time. Most franchises in Australia offer extraordinary support, so if the idea of going into business alone scares you, then a franchise can give you the mental support you need. An Overview of Local Ice Cream Franchise Business Opportunities Cold Rock: Cold Rock was established in 1996. The company currently has 90 stores Australia wide. One of their signature “products” is their 4-step customer experience – Choose it

Permanent Link: Is an Ice Cream Franchise the Business Opportunity for you?

Date: 11/Mar/2012

with the rest from the benefits when signing up for the franchise. When it comes to printers, the most beneficial printers can do two points - they are able to provide you with high quality pictures but simultaneously might be employed inside a number of supplies. When it comes to printer type for paper printing as an example, laser printers essentially function quite well and can give you the sort of image top quality you could make certain you need. However, the issue with laser printing

Permanent Link: Printing Franchises Essentials - Printers and Copier Choices

Date: 10/Mar/2012

by those who wish to enter the globe of financial services. A financial services franchise is essentially recession-proof offered that there will usually be at least a single business enterprise running even in the most remote places. This applies no matter how dire the economic circumstance has or will come to be. This is a plus for entrepreneurs who wish to reside outside the city. In this line of perform, you'll be able to run your business enterprise inside the outskirts of town so

Permanent Link: Financial Services Franchises

Date: 9/Mar/2012

thing you need to do is find clients! Put up flyers at the grocery store, doctor's office, library, and other places frequented by parents who have young children. Take out an ad in the local paper. Check out the competition. For a home business franchise this can be especially important because you have even more of an incentive to be successful. Investigate their prices, their bonuses, and the kinds of materials they use. This way you will know how to set yourself apart. You might also g

Permanent Link: Tips To Help Home based Franchise operators Reach Their Goals

Date: 9/Mar/2012

outlet up and running. The degree of assistance from the franchisor (the operator of the franchised chain) does vary between franchised chains. Franchises are very popular in Australia and ar estimated to turn over around $128 billion / year. You can find franchised business networks in many industries. Takeaway food shops, restaurant, gourmet pizzas, juice bars, mobile food / drink services, TV & radio stations, financial advisories, beauty parlours, hairdressing, trades services, clean

Permanent Link: What is a franchise?

Date: 6/Mar/2012

Boost has capitalised on a simple idea to deliver a qauality product. With no signs of slowing down, the chain has recently announced a 98% fat free range called "Lite'n Up", new Green Tea flavours, banana bread, yogurt, toasties, chocolate smoothies and many many more. The chain franchises offer a rewards program call "Vibe Club", which offers free smoothis for multiple purchases as well as a freebie on your birthday. Happy Birthday Boost Juice! And many more to come...

Permanent Link: Boost Juice Turns 10 - An Australian Franchise Success Story

Date: 26/Feb/2012

easier to sell a brand than a product. It’s a lot easier to remember a name that is already popular in the market rather than building a new one. Those popular names and brands already has a well-built customer base or following. It will be easy to sell their products as they are ingrained in the customer’s consciousness. Most franchise chains offer: Comprehensive training manuals for staff Marketing material and continuous advice Sales & profits goals, with speci

Permanent Link: Pizza Franchises - Which one is for you?

Date: 15/Jan/2012

marketing. Questions arise such as: Where does one find prospective franchisees? How can prospective franchisees be attracted to buy a particular franchise? What information should be given to interested parties? What should the franchisor look for in evaluating a franchisee? How do you "close" a franchise sale? Etc. Edward N. Levitt is a franchise lawyer and partner with Gowling LaFleur Henderson LLP -- more commonly known as Gowlings For more resources, visit http://www.gowlings.c

Permanent Link: How to market a franchise

Date: 12/Jan/2012

business franchises. Social groups and events such as franchise expos and fairs keep you with the advancement in technology and modern methods in line with the top franchise opportunities. Your local newsagent should have magazines dedicated to the franchise industry. Your decision over your business can be influenced by the number of best business franchises there are. It would be ideal to choose the best business franchises that you want that goes with your budget. Business is not just

Permanent Link: How to choose a business franchise

Date: 10/Jan/2012

Bike Caffe: $21,000 to setup your own bike cafe, as seen on Fox News: Currently only available in the US & Europe. Ralph Massetti, President and CEO brought the original idea from London after a raging success. This franchise is not yet available in Australia. For more information view www.bikecaffe.com

Permanent Link: Bike Caffe - Set up your own franchise cafe on a bicycle

Date: 10/Jan/2012

take into account and consideration. Credibility. It is easier to sell a brand than a product. It’s a lot easier to remember a name that is already popular in the market rather than building a new one. Strong Customer Base. Those popular names and brands already has a well-built customer base or following. It will be easy to sell their products as they are ingrained in the customer’s consciousness. Effective Training Support Service is part of what is marketed in a busi

Permanent Link: Are You Getting The Best Coffee Franchise?

Date: 4/Jan/2012

you could do more for the business . A business franchise opportunity retail may require you to fill out a franchise application that will ask for your name, address, and some basic financial information to include. Others like liquid assets, debts, net worth and other assets are also included. The parent company is obliged to do this for them to determine whether you?re able to commit to carry one of their stores to the public. If you are found eligible for the business franchise opport

Permanent Link: Big opportunities in Retail Franchising

Date: 3/Jan/2012

success and still fall within the investment capital you are ready to use? What kind of support goes with the franchising? What must be considered in choosing locations? Is the environment suitable and will warrant a flow of customers? What are the policies of the franchisor that may affect future plans of the franchisee? Make no mistake for these are not intending to make things difficult for you. Instead use them as guides as you steer yourself towards becoming the world’s next success

Permanent Link: Coffee Franchises For Sale, Are They Right For You?

Date: 14/Dec/2011

sales with 335 stores accross Australia, and still growing fast. The chain has been going hard after its competitors, mathcing Dominos' "Cheaper Tuesday" offers with large Pizza as low as $5.95 in metro areas. Australians associate large sporting events with ordering pizzas, and are prepared to pay a premium for having them delivered. With no end in sight to Australians' hunger for the originally Italian culinary delight - the Pizza market looks very promising over the coming deca

Permanent Link: Dominos Pizzs adds 2500 new Aussie jobs

Date: 20/Nov/2011

based businesses are EBay companies, consulting companies, and other companies across the world that helps assistance over selling their products and other services over the internet . If we look closely, women?s products are often promoted to home based business franchise like Cosmetics, Perfumeries and others that they can use within their own homes since they are usually taking care of the household. Publishing is also in line with home based business franchise . If you like writing, th

Permanent Link: Home based franchise businesses

Picking a Franchise

Buying a franchise is quite a big commitment. You need consider quite a lot of factors such as your personal situation, availability of time & capital, your skills, and many others.

The biggest mistake you can make is selecting a franchise simply based on your ‘gut feeling’ without doing some serious number crunching and market research 1st. Many buyers we have encountered have been lured into business opportunities with a large financial commitment, just to find their dreams shattered.

In most of these cases there was no malice or negligence involved on the part of the franchisor, but rather a series of poor decisions that ended with a poorly located franchise, misguided product choices, or in some cases even personal bankruptcy.

You must look at:

• Your own financial solvency. Are you able to sustain a period of little or no income while paying off a loan & paying yourstaff?
• Your existing financial commitments, such as a mortgage, car loan, student loan etc.
• Your skills set. Do you have the personal skills required for your selected franchise? If you choose a business services, without any previous business experience – you may feel like a fish out of water.
• The location of your new business. Does it suit the service you are promoting?
• The track record & profits of other franchisees in the chain. The bottom line is the bottom line here, and if others in the same industry are not performing well – you may be better off with a more proven formula.

The sad reality is that the majority of businesses fail or change ownership within the 1st year. This is not the case with most franchise options. The experience and guidance provided by the franchisor gives the franchisee a distinct advantage. Having decades of well researched data at your disposal will save you making quite a few costly mistakes, and can surprise even the most sceptical business advisor!

There have been many cases of franchise “newbies” who follow the advice of their mentors and manage attract over $1m in turnover in the 1st year, and keeping a significant profit %.

Many use the experience gained in opening their 1st franchise to open additional businesses both within the franchise group and separate to it.

7 Common Mistakes of New Franchise Owners

Learning from other people's mistakes in business can save you a fortune. Simply doing some of your own research can expose you to decades of knowledge and save you costly mistakes that have taken a heavy toll on previous franchise operators.

7 of the most common mistakes made by mew franchise owners are listed here:

1. Not communicating with current franchisees.

What could possibly be more valuable than speaking to someone who has already gone through all of the process that you are about to, and is most likely to have a perspective closest to yours? You can discuss any concerns you have about the franchise offer with existing franchisees. If the franchisor gives you a comprehensive tour of their outlet, make sure he does so without the presence of the franchisor as may be reluctant to mention any shortfalls or embarrassing issues.

Let’s take for example a Pizza shop owner, that's part of a franchise network, may not be keen to tell you in front of the franchisor that he regrets not joining a different chain. Or he may simply regret committing to a certain lease arrangement that the franchisor advised him to get. Little hints like this can save you thousands, and can significantly improve the overall success of your franchise.

Try and find out from independent sources if the franchisor has a good reputation in the industry. Bad reputations do spread
quickly but do not always get to be exposed in the mainstream media, or general industry participants. But if you start digging,
and speak to people who are more likely to be impartial - you can get a good idea of who you're dealing with. Online forums have become a good resource of a wide variety of opinions - but you have to cross check and validate any opinion you decide to act on.

When speaking to existing franchisees in the chain, try and find those who are in different locations, some that have 1 and multiple franchises, some that are doing well and some that are, larger & smaller outlets etc. This way you get a broad range of opinions and can be made aware of issues that may or may not suit your situation.

2. Not properly reviewing legal agreements and long term leases.

Once you have decided to go ahead with your new franchise, do not let your emotions kick in. You must still be cautious with any signatures and commitments you make in writing or verbally. Lease agreements these days can be a 10+ year binding commitment, and there can even be clauses in it allowing for significant increases in monthly payments and royalties.

GET A SOLICITOR to review any paperwork before you sign it. Even if you are dealing with someone whom you deem trustworthy, they may not be fully aware of the agreement & its scope.

3. Not seeking advice from an accountant / financial advisor.

Find a professional that is familiar with franchise agreements and offers - and ask them for a comprehensive review. Glossy magazine offers and the dream of owning your own business can blind your judgement, and you need grounded people with a good understanding of the finance side of the deal to help you.

4. Ignoring failed franchises

It is almost certain that some franchise outlets in the chain have previously failed. With the internet at your disposal - it is
easier than ever to investigate this by doing a quick search on 'business for sale' and classifieds websites and seeing some of
the chain's outlets that are for sale. Have a look at these ads, try and speak with the owner, and investigate the reasons for them leaving the business.  In many cases there is a legitimate reason, such as retirement, family & personal issues etc. So don't jump to conclusions if you see owners trying to get out of an industry you are potentially getting into.

5. Accepting verbal promises

Do not take verbal promises and claims by the franchisor. If an issue is important to you, you need to confirm it in writing. For example you may be touring a franchise outlet with the franchisor. During the tour you might ask them if they provide ongoing
assistance with legals or equipment servicing. A quick 'yes' answer from the franchisor may not be sufficient. You should make a note of this and insist on a written obligation and outline of this assistance.

6. Not having enough CASH to start with!

It is almost 100% certain that you will have unforseen expenses once you begin operation. Be it staff members that need extra
training, a slow starting period, additional equipment you did not expect to pay for, and advertising opportunities that you may
find worthwhile. In either case, you need to have some spare cash lying around, and you should not put everything you have into your initial capital investment.

A rainy day will come sooner rather than later, and you need to be prepared. The amount you need does depend on the nature of your franchise. Your financial advisor should be able to help you with this issue.

7. Not researching your target market

All the planning and marketing strategies in the world won't help you if you build your franchise in the wrong suburb, or target
the wrong audience. We've seen multimillion dollar investments go under in a matter of months simply due to this issue alone.
When selecting a franchise offer, you need to consider the market it is targeting, the suitability of the population is in the area, the existing competition, and people's attitude to your product.

You could make the best sandwiches in the country, but if your franchise charges $20 for each one - you might not do to well in a low income suburb. This sounds like a no-brainer, but you would be amazed at the size of investments that are made without considering these simple issues.