WHAT IS FRANCHISING? Quite simply, franchising is a method of marketing goods and services. The franchisor owns the name, idea, secret process or piece of equipment together with the goodwill and know-how associated with it. The franchisor grants a licence (franchise) to another person (the franchisee) permitting the exploitation of such name, idea, process or …
Mike Downey had spent most of his career between four walls, and while his salaries had been good, he couldn’t shake the feeling he was making other people rich. In his mid-50s he decided to start looking for a business that would see him through to his retirement, and now ten years on, he’s on …
Multi-owner Gutter-vac franchisee turns over $1M plus a year Read More »
New Zealand is a member of the Commonwealth with a population of over 4.2 million people. It is one of the most deregulated countries in the world to conduct small to medium-sized business and there is no specific legislation controlling the operation of franchising in New Zealand. Franchise Association of New Zealand (FANZ) The FANZ …
‘Must Know’ info about franchising in New Zealand Read More »
Did you know that the turnover of the franchise sector in New Zealand exceeds $19 billion per year? This figure does not include the revenue generated through franchised hotels, petrol stations or car dealerships. There are over 400 franchise systems in New Zealand and over 22,000 individually owned franchised businesses. Franchised companies and franchised outlets …
All franchisors will be interested in marketing their brands. How is this done? Normally by way of national marketing where the franchisees pay a percentage of turnover; and also by local marketing where a franchisee markets in a particular territory or area. The national marketing fund can total a considerable sum of money so where …
If the last few years has done anything, it’s made people more health conscious. An area of medicine that is gaining in popularity is regenerative medicine. Rather than pharmaceutical fixes, it uses all-natural biological protocols to stimulate the body to repair or heal damaged tissue and joints. It works as an alternative to surgery, pain …
Nascent regenerative non-surgical medicine market set to surge Read More »
The recent announcement that the country’s traffic light system was coming to an end was described by the Hospitality Association as “the best news” it had heard for two and half years. “At last. Operators have been hanging out for this news for a very long time,” said association chief executive Julie White. She said it …
End of traffic light system a great time to launch new hospitality brands Read More »
The last couple of years have challenged traditional notions of how and where we work, and as we emerge from the fog of COVID, smaller business and entrepreneurs are looking for more flexible options that don’t cost the earth. Shared workspaces are increasingly becoming a normal part of post-COVID life for small businesses, especially as …
All franchisors will be interested in marketing their brands. How is this done? Normally by way of national marketing where the franchisees pay a percentage of turnover; and also by local marketing where a franchisee markets in a particular territory or area. The national marketing fund can total a considerable sum of money so where is that …
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