Franchising: Your first year

Starting out in franchising is generally considered easier than building your own business from the ground up, as most of the hard work has been done for you and youll have the support of a network of advisors and trainers every step of the way. However, as a franchisee you are ultimately responsible for the success of your unit, and crea...

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Spotlight on 'Women in Franchising'

Franchising is becoming increasingly popular as a route to financial independence without the stresses involved in running your own business, but getting started can still be a daunting task for many people. Women in Franchising is a national association that was established by the Franchising Council of Australia to support women startin...

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How to hire right

Whatever size store you operate, youre going to need employees at some stage. Whether there are specific roles to fill or youre hiring someone to ease the burden of day-to-day management, choosing a suitable employee involves more than just reading their resume. Do you need to hire? Wages can be a major liability to small businesses, ...

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Understanding franchise territories

One of the most common questions people ask when joining a business franchise is 'How will my territory be defined and operated?' This is an important consideration when buying into a franchise that depends on access to a regional client base, and your franchisor has a responsibility to explain how your territory works. Exclusive ...

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Top four tips for choosing the right franchise for you

Many people dream of the independence offered by starting their own business, but not everyone has the business training or financial security that may be necessary to get started on their own in competitive environments. Franchising reduces the risk involved in running your own business, but can still be a perfect fit for anyone interest...

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