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3 Steps To Franchise Your Business

3 Steps To Franchise Your Business

Business franchising is a rewarding business decision. The process has to be executed properly in order to work successfully for both your business and your franchisees.  There are several examples of concepts that have flourished as standalone, but when venturing into business franchising, they suffered and collapsed. In order to thrive as a franchisor, there are three main steps that have to be considered before jumping into the wilderness of franchising. The three main steps are concept size, feasibility and “know how”. Step 1- Concept Size Put yourself in the investor shoes. Why…continue reading →
The 5 do’s for a great food concept?

The 5 do’s for a great food concept?

In Australia alone, IBIS World reported in 2016 a combined market size of over 64,984 food outlets comprising of cafes, coffee shops, fast food outlet and restaurants. So what does it take to have a great food concept? In our experience in this industry for over 25 years, there are 5 main secret ingredients for a great concept. 1- Location … location … location … Cannot stress this ingredient more. As a matter of fact, the selection of the appropriate location for the food concept is one of the main success stories of…continue reading →