Articles on Buying, Selling and Growing Franchises
Below are some great NZ Franchise articles. They cover from a wide range of topics from starting a franchise, buying and selling a franchise, through to growing your franchise business. We hope you find them useful in buying or selling your NZ franchise, and in building a successful, enduring and profitable enterprise.
Franchise Article Groups
Check out and feel free to share these.
-
How to Write a Great Franchise Ad
How to Write a Great Franchise Ad
You only have a few seconds to make a great impression and grab the buyers attention. Start with an engaging and meaningful headline. Consider using a thought-provoking question that makes the reader want to read on, or ma... [more +]
-
Why Buy a Cleaning Franchise Business Opportunity
Why Buy a Cleaning Franchise Business Opportunity
Why buy a cleaning franchise business Cleaning franchises and businesses operate in a wide variety of industries. In today's modern economy there is always business for cleaning businesses and franchises; be it cleaning larg... [more +]
-
What do franchise business buyers want?
What do franchise business buyers want?
Kiwis love franchises - for good reason. They are generally a safer option than starting a business from scratch and most franchise systems offer invaluable training and support. You are your own boss but you’re also ... [more +]
-
Resolving franchise disputes
Resolving franchise disputes
The Four Pillars of Successful Franchises are the four key fundamentals that need to be rock solid in order for a franchise to grow and prosper. They are the brand, the franchise system, the money and the franchisor/franchi... [more +]
-
New Zealand franchise law
New Zealand franchise law
The relationship between franchisor and franchisee is a very personal thing. It is a bit like a partnership. In fact it is often compared with the most personal of partnerships. Encouragingly however the statistics for survi... [more +]
-
Recruitment tips for franchisees
Recruitment tips for franchisees
Recruitment tips for franchisees ...and how to recruit the best franchise staff Regardless of the quality of your product or service, the reputation of your brand or the size and success of the franchise system supporting y... [more +]
-
Franchise agreements - where are the hooks?
Franchise agreements - where are the hooks?
When buying a franchise you will be expected to sign a Franchise Agreement - but what will you be agreeing to? Vanessa Cathie a franchise specialist and consultant at Asco Legal, Auckland, explains... Franchising can seem ... [more +]
-
Franchising - first and foremost a personal relationship
Franchising - first and foremost a personal relationship
The full service franchise concept is a two-way deal. At the highest level, for the franchisor, it can be a very satisfactory way of expanding a brand by using the capital of others (the franchisees). Successful franchisin... [more +]
-
Selling a franchise and having an exit strategy
Selling a franchise and having an exit strategy
About to sell your franchise? It’s probably the furthest thing from your mind but planning your exit should begin the moment you take over your new franchise. Whether it’s planned or unplanned, there will come ... [more +]
-
Is it time to sell your franchise?
Is it time to sell your franchise?
Selling your franchise business – when, how and to whom? One of the least acknowledged aspects of owning a franchise business is preparing for its eventual sale. When is a good time, how do you go about it, who will bu... [more +]
-
Using a business broker to sell your franchise
Using a business broker to sell your franchise
Using a broker to sell your franchise business 10 questions to ask a business broker before you engage their services. Everyone needs to exit their franchise business at some point and the reasons why can be wide and varied... [more +]
-
What to ask before you sell your franchise business
What to ask before you sell your franchise business
Five questions to ask before you sell your franchise business Selling a franchise business requires just as much thought as buying one. Is selling the right decision? When is the right time? Who will buy it?Taking the t... [more +]
-
The difference between profit and value
The difference between profit and value
If your franchise is making a profit then you’re succeeding, right? And when it comes time to sell, the profits will speak for themselves. Not necessarily. Profit is just one aspect of a franchise that appeals ... [more +]
-
Marketing a franchise for sale in New Zealand
Marketing a franchise for sale in New Zealand
How to market your franchise for sale One of the least considered factors of owning a franchise is preparing it for sale, and this can take just as much time in research, planning and implementation as the purchase proc... [more +]
-
Selling your franchise for a great price
Selling your franchise for a great price
How to sell your franchise business and get more There will come a time to sell your franchise business either to move on to your next opportunity or maybe to take a step towards retirement. Whenever that happens and for w... [more +]
-
Who will buy your franchise business?
Who will buy your franchise business?
There are many reasons people choose to buy a franchise business. When considering selling your business it pays to spend some time identifying who is likely to buy your franchise - put yourself in their shoes and find out ex... [more +]
-
Getting it right when buying a franchise opportunity
Getting it right when buying a franchise opportunity
While there are many franchise opportunities for sale there are as many questions you might like to consider before making any important decisions. First are questions you can ask yourself and second are questions more spec... [more +]
-
Think franchise - buying a franchise business
Think franchise - buying a franchise business
There are three major ways of getting into your own business. You could start the business from scratch, buy an existing business or enter into a franchise arrangement by buying a franchise business. Each of these three optio... [more +]
-
Why buy a franchise
Why buy a franchise
Are you sick of working for someone else and feel you want to do your own thing? Like the idea of working for yourself with low overheads and flexible hours? There are many options, all require that leap in faith that you ha... [more +]
-
What it takes to be a franchise success
What it takes to be a franchise success
And do you have what it takes to be a successful franchisee? According to SUBWAY®, the No. 1 global franchise success for 2015 voted by Franchise Direct, these are the ingredients you need to be a successful franchisee... [more +]
-
Franchising advantages
Franchising advantages
Franchising is a business method that has greatly enhanced the performance of many corporations and small companies. It has enabled many companies to expand rapidly and profitably, with good long-term stability. And franchis... [more +]
-
The benefits of a mobile franchise
The benefits of a mobile franchise
The top five benefits of hitting the road with a mobile franchise: The success of the franchising as a way of doing business is undeniable. The figures say it all: Subway 42,230 locations around the world; McDonalds, 35,69... [more +]
-
Where to get the best franchise advice
Where to get the best franchise advice
So, you are thinking of buying a franchise. No doubt the franchisor or business broker has given you loads of information to digest and you have probably talked to friends in-the-know, and scrolled the internet for reviews, ... [more +]
-
Buy a franchise and you'll never work alone
Buy a franchise and you'll never work alone
A staggering 69 percent of all New Zealand businesses have zero employees. That’s 338,745 business owners going it alone* - and working by yourself can be a very lonely business. One of the main benefits of the franch... [more +]
-
Finding the finance to buy a franchise
Finding the finance to buy a franchise
Franchising has a long history of success in New Zealand. In fact, we are the most franchised country in the world. We’ve got the big international guns like McDonalds, Hilton and Hertz, as well as our won successful ho... [more +]
-
Top franchising trends in NZ
Top franchising trends in NZ
Top trends in franchising today As the most franchised country in the world on a per capita basis and third in the world for the contribution of franchises to GDP, this little country of ours is setting franchise trends n... [more +]
-
How much can I afford when buying a franchise
How much can I afford when buying a franchise
About to buy a franchise?...how much can you afford? One of the great things about franchise businesses is that they come in all shapes and sizes. There really is something for everyone and every budget. But with so much o... [more +]
-
Buying a cafe franchise business
Buying a cafe franchise business
Cafe franchises are one of the biggest franchise growth areas in New Zealand. Coffee demand is high and it’s the type of business that attracts first-time business owners due to its ease of operation and low-cost entr... [more +]
-
Making money from a low cost franchise
Making money from a low cost franchise
Can a low cost franchise still make you rich? If you want to be your own boss but don’t want to start from scratch, a franchise business is a great option – and it needn’t cost you a fortune. In fact, the... [more +]
-
How to know if you are ready to buy a franchise
How to know if you are ready to buy a franchise
Are you looking for sign so you’ll know you’re ready to buy a franchise? While not an eerie series of coincidences or a bolt-up-in-bed flash of inspiration, there are some signs that indicate you’re ready ... [more +]
-
5 common mistakes of first-time franchisees
5 common mistakes of first-time franchisees
5 common mistakes of first-time franchisees Buying a franchise is usually considered a safe entry to successful business ownership but there’s still plenty of room to go wrong. Forewarned is forearmed, so here are th... [more +]
-
Why pay a franchise fee
Why pay a franchise fee
So why pay a franchise fee when I could do it myself? When you enter a franchise agreement, on top of the purchase price, usually you’ll also be required to pay an initial franchise fee and ongoing franchise fees. Al... [more +]
-
Owning a franchise
Owning a franchise
The pros and cons of buying a franchise business There are two types of people in this world: those who work for themselves and those who want to. But making that leap to owning your own business can be daunting. Leaving the... [more +]
-
5 reasons why franchises fail and how to avoid them
5 reasons why franchises fail and how to avoid them
5 reasons why franchises fail and how to avoid them No one sets out to fail, and while one of the main advantages of the franchise system is that it is tried and tested, the reality is some franchisees will still fail. He... [more +]
-
Top 3 sectors to watch in the franchise industry
Top 3 sectors to watch in the franchise industry
What to watch in the franchise industry If you’re looking for a safe, supportive entry to business ownership, its hard to go past buying a franchise. But some franchises are better than others. Here are the top three... [more +]
-
The four pillars of successful franchises
The four pillars of successful franchises
If you are thinking of buying a franchise, there are loads of things to take into account. We have whittled them down to four key fundamentals – if these four aspects of the business can be met, then opportunity is kno... [more +]
-
How to buy a franchise business
How to buy a franchise business
According the most recent Franchising New Zealand report (2017) around 185 new franchise brands entered the New Zealand market in the five years prior. The franchise sector in New Zealand is strong. It has a long history an... [more +]
-
The benefits of buying a franchise
The benefits of buying a franchise
If being your own boss is on your bucket list, you have some choices to make. First: will you start a new business or buy an existing business? If you’re looking for an opportunity that is statistically more likely t... [more +]
-
How to avoid franchise owner burnout
How to avoid franchise owner burnout
Avoid franchise burnout and stay in the race ! Working long hours when you're a newbie franchisee is far from unusual. While it’s admirable to be dedicated and passionate about your new franchise, work... [more +]
-
Exporting your business or franchise system
Exporting your business or franchise system
More and more New Zealand franchisors and non-franchised business are investigating exporting their businesses in a franchised or licensed format into large attractive overseas markets. Overseas markets are attractive to l... [more +]
-
Harnessing franchise brand ambassadors
Harnessing franchise brand ambassadors
How to harness the power of your brand ambassadors There’s no doubt the right celebrity can make anything look sexy, and sexy boosts sales. David Beckham did it for H&M, Britney Spears did it for Pepsi, Nicole K... [more +]
-
How your franchise business can learn from failure
How your franchise business can learn from failure
No one sets out to fail, but the reality is a number of new franchises owners will. However, failure can be a great teacher and, if you are quick learner, you can act fast and ensure your franchise business survives and thri... [more +]
-
Be a franchisee success
Be a franchisee success
How to succeed as a franchisee... and be a franchise success! Even with the security of a franchise system behind you, being a successful franchisee isn’t guaranteed. It takes a lot of hard work, a fair amount of ski... [more +]
-
Top budget tips for franchisees
Top budget tips for franchisees
The two biggest financial hurdles for first-time franchisees are: 1. finding the capital to start, and 2. surviving the start-up years. Assuming you have found the capital to purchase a franchise, here are our top budget ti... [more +]
-
Expand your business by franchising
Expand your business by franchising
Are you planning an expansion strategy? Franchising can be a great way to upscale your business fast, but whether it’s the right strategy for you depends on the nature and state of your business and your own personal g... [more +]
-
Improve your franchise business using KPIs
Improve your franchise business using KPIs
Using KPIs to improve the performance of your franchise Every franchise business should have a business plan and strategic goals. But it shouldn’t end there. Your business plan shouldn’t just sit on a shelf unt... [more +]
-
How to make the most of business downtime
How to make the most of business downtime
All businesses, including franchise businesses, have downtime. Depending on what business you are in, it could be the winter months, it could be the Christmas period or could be spread at different times throughout the year... [more +]
-
Boosting your post Christmas retail franchise sales
Boosting your post Christmas retail franchise sales
Boosting your retail franchise sales after the Christmas rush In the retail franchise sector, the holiday period is a real rush – it’s busy, challenging and exhausting. Each year, Christmas and Black Friday sales... [more +]
-
How to get paid on time and keep cash flow positive
How to get paid on time and keep cash flow positive
Positive cash flow is critical for any franchise business to stay afloat. Even if business is good and sales are up, if you’re not getting paid on time, your business can quickly become unsustainable. "Best stay ... [more +]
-
The importance of a great testimonial
The importance of a great testimonial
Word of mouth is a powerful thing. It’s more powerful than a double page spread and even a slot on primetime TV. The difference between advertising and positive word of mouth is that the former comes fro... [more +]