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  • What do you need to be an at-home care franchisee?
    2024/11/13

    The at-home caring market is packed with potential: we are living longer and by 2058 it is projected there will be more than 1.5 million over-85-year olds living in Australia.

    In this podcast we look beyond the statistics and discuss what services at-home care provides, what it takes to succeed in business, and why a franchise delivers so many benefits to a business owner.

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    13 分
  • Why would I pay franchise fees?
    2024/10/18

    If you're buying a franchise you're almost certainly signing up to pay franchise fees. So what can you expect?

    In this podcast we discuss why franchise fees are an integral part of a franchise system, what fees you may have to pay and what format they take, how to find out the value and appropriateness of the fees, and what happens if you don't pay them.

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    17 分
  • Marketing the business
    2024/07/04

    Buying into a brand with strong marketing is a major reason for franchisees to invest. The franchisor plays a key role in marketing the business, promoting the brand for the benefit of the franchise group. So what can you expect when it comes to marketing within a franchise network?

    National marketing is the franchisor’s responsibility but unlike non-franchise brands, there is another element of marketing that is crucial to small business - local area marketing. Franchisees are responsible for their own local area marketing, which involves engaging with the local community and promoting their business.

    Understanding marketing responsibilities and investing in marketing are important for franchisees to achieve strong results

    In this podcast we discuss the national marketing approach, the marketing fund and its rules, local area marketing, common mistakes franchisees can make and where to find information about the brand’s marketing.



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    17 分
  • Funding a franchise
    2023/10/19

    How can you fund your franchise purchase? It’s common for franchise buyers to approach a bank for a loan to help boost their savings.

    What happens though if you want to source money from elsewhere? Franchisees may turn to their family for a loan, or consider remortgaging their home.

    In this podcast we discuss some of the pros and cons of both options.

    This short podcast is neither intended to be an exhaustive commentary, nor can it be taken as financial advice.

    Every franchise buyer should seek independent financial advice before deciding on which franchise funding option best suits their circumstances.

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    14 分
  • Franchisee expectations
    2023/07/21

    In this podcast we reference Greg Nathan’s Franchise Relationships Institute (FRI). Greg is a globally-recognised psychologist, former franchisee, and a regular contributor for Inside Franchise Business on the connections formed in franchising, boosting performance and good franchisor habits.


    Check out our podcasts on the Franchise Agreement and Disclosure Document, helpful conversations to help you cut through the key elements of these important documents. You can find out the relevance of the Code of Conduct in franchising too.

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    23 分
  • Code of Conduct
    2023/02/16

    Have you heard of the Franchising Code of Conduct? It creates a framework for the relationships between franchisor and franchisee in Australia.

    What’s important to know is that this is a mandatory code and it applies to both franchisees and franchisors.

    Our quick guide will point you in the right direction so you can make sense of why the Code is relevant to you.

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    12 分
  • Location, location, location
    2023/02/03

    It’s the mantra in real estate but what does getting the right location look like if you’re buying a business?

    When it comes to developing any service or retail business that is not purely online, location is an important part of the mix that can lead to success. Even the best operator with a popular brand can struggle to achieve their goals if the business is poorly located.

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    13 分
  • How much does a franchise cost?
    2022/11/24

    Buying a franchise can be an affordable purchase, or a major investment. Franchise brands operate right across the price spectrum so it’s a matter of matching your budget to what’s available.

    However the sale price is unlikely to be the final figure that you will spend. The key is to find out what’s included in the upfront cost of the business, and there are a number of factors that determine that. Then there will be the added extras…

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    12 分