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

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  • What to 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 ...

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  • 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...

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  • 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...

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  • 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...

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  • Understanding Franchise Agreements

    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 ...

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  • Franchising relies on strong relationships

    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...

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  • 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 ...

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  • 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...

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  • 10 questions to ask a business broker

    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...

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  • questions to ask before you sell your franchise

    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...

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  • 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 ...

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  • write a better franchise for sale advert

    Write a better franchise for sale ad

    nzfranchises5 Point Ad Checklist 1.    Grab attention with your headline2.    Include a price and the location 3.    Be descriptive - sell on benefits 4.    Comm...

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  • 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...

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  • selling a 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...

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  • who will buy your franchise

    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...

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  • buying the right franchise

    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...

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  • 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...

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  • 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...

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  • How 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...

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  • advantages of buying a franchise

    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...

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  • Buying a cleaning franchise

    Cleaning franchises for sale Auckland, Wellington, Christchurch and NZ wide

    Buying a cleaning franchise for sale opportunity Cleaning franchises operate in a wide variety of industries. In today's modern economy there is always business for cleaning franchises for sale - businesses, homes, equipment...

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  • 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...

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  • Getting 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, ...

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  • buy a franchise and dont 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...

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  • 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...

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  • top franchising trends

    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...

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  • 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...

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  • 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...

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  • 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...

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  • are you 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 ...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • What 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...

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  • the pillars to a successful franchise

    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...

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  • 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...

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  • 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...

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  • Avoid franchise 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...

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  • export your business or franchise

    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...

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  • 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...

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  • 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...

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  • How to succeed as a franchisee

    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...

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  • 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...

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  • business expansion 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...

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  • 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...

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  • How to make the most of your franchise 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...

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  • boosting your 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...

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  • 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 ...

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  • The importance of a great testimonial and review

    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...

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