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Edition #166 of The Insider

LATEST NEWS

With 2010 still fresh and new, and franchises tipping a bumper recruitment year, now is definitely the time to make your plans for your business future.  

Whether you are looking to start afresh in a new business, or you hope to improve the way you manage your current one, this week's edition is packed with information to help you on the road to success! 

In Today's News, read all about:

- 120% inquiry spike from potential franchisees

- Healthier?  Yes!   But is it as profitable?

- Bakery Franchise looking to recruit 150 new franchisees  

- Food trends 2010

And, as always, we also bring you the latest franchising, business and finance news from around the globe.

Until next time, all the best,
Leesa and the Team at Inside Franchising

 

 

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RFG RECORDS 120% INQUIRY SPIKE FROM POTENTIAL FRANCHISEES

 

 

 

People looking to secure their employment and financial future in 2010 are turning to proven franchise systems, with Retail Food Group (RFG) recording a 120% spike in inquiries from potential franchisees during the past fortnight.

Listed on the Australian Securities Exchange, Retail Food Group is Australia’s leading retail food brand manager and franchisor and owns the Donut King, Michel’s Patisserie, Brumby’s Bakeries and bb’s cafe franchise systems. RFG has been in the headlines recently following four substantial acquisitions including the Big Dad’s Pies and DCM Coffee & Donuts franchise systems.”

The inquiry spike comes as RFG has begun rolling out its 2010 expansion strategy which will see it open an additional 20 stores across its network during the next 6 months.

RFG National Sales Co-ordination Manager Faith Manning said the franchise inquiry line has been running hot since after Christmas 2009.

“Compared to the same period 12 months ago, our inquiries are up 120% during the past two weeks which has been really surprising” she said.

“It seems people have worked hard through 2009, had a Christmas break and have taken that time to reconsider their future finances and employment. 

 

Click here for more information about any of the Retail Food Group brands

FEATURED FRANCHISE OPPORTUNITIES

A Cookie Man franchise is a carefully packaged, well-supported retail business and is a truly unique, proven, 100% Australian concept with over 50 years experience.

Cookie Man is currently embarking on a growth program, where we are looking for dynamic and motivated people for potential new sites nationally, to further expand our already expansive network of stores.

Click here for more information about the

Cookie Man Franchise Opportunity

 

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United Petroleum is now Australia’s largest and most successful independent petrol retailer, with more than 230+ branded service stations.

The company’s structure provides very solid support for franchisees and is now looking for people who want to become part of a best-selling success story.

Click here for more information about becoming a United Petroleum Franchisee

 

FRANCHISING CONFERENCE

 

BRW Franchising Forum 2010

The Four Seasons Hotel, Sydney

Wednesday, 3 March 2010

8:30 registration
9:00 Sessions Commence
17:00 Sessions Close
17:05 - 18:05 Networking drinks

Want to make the most of the economic recovery and not miss the boat? Following the success of BRW’s inaugural 2009 Franchising Forum, this year’s event will provide an unparalleled opportunity for franchisors in Australia’s $120 billion sector to network with their peers, government and industry representatives.

 

Delegates will hear about the emerging opportunities including growth sectors and where to find finance as well as how to overcome industry challenges. Key industry figures will provide insight into their success, the lessons they have learned along the way as well as their predictions for the future.

Key Topics:

  • Opportunities as the economy expands
  • Financing: what are the options?
  • Offshore expansion
  • Areas of growth
  • New media marketing opportunities for franchising

Confirmed Speakers:

  • Hon Dr Craig Emerson MP, Minister for Competition Policy and Consumer Affairs; Minister for Small Business, Independent Contractors and the Service Economy; Minister Assisting the Finance Minister on Deregulation
  • Michael Shaper, Deputy Chair, ACCC
  • Mike Adams, President & CEO, Cartridge World Asia Pacific
  • Peter Bush, Chief Executive Officer, McDonald's Australia Ltd
  • Braeden Lord, Chief Executive Officer, Aussie Farmers Direct
  • David Milne, Co Founder, Noodle Box
  • Michael Sherlock, Executive Chairman, Franchised Food Co and Co-Founder of Brumbies Bakeries
  • Dirk Spence, Chief Executive Officer, Howards Storage World

Early booking rate - $990 including GST (until 5pm, 5th February 2010)
Full rate - $1,210.00 including GST
Endorsing body early booking rate - $880 including GST (until 5pm, 5th February 2010)
Endorsing body full rate - $1,000.00 including GST
AFR subscriber early booking rate - $792.00 including GST (until 5pm, 5th February 2010)
AFR subscriber full rate - $968.00 including GST
Fast club member - $968.00 including GST

Price includes arrival refreshments, morning tea, networking lunch, afternoon tea, and networking drinks plus a copy of BRW.

Click here to register or for more information or to enquire about sponsorship

 

BUCKING BULL OPENS ANOTHER NEW STORE !

Bucking Bull Logo

Welcome Bucking Bull – Mt. Ommaney, QLD

 

The year 2009 has almost come to a close and what better way to end it than with the exciting opening of another new store!

 

The 31st Bucking Bull store recently opened in Mt. Ommaney Centre’s Food Court, in Queensland. Local residents and shoppers alike can now enjoy the freshness and quality of traditional home cooking, with the convenience and value of food court dining.

 

A massive redevelopment of the Mt. Ommaney Centre is currently underway. Upon completion, the centre will be the place to shop. As part of the upgrade, a long anticipated indoor/outdoor dining precinct has been constructed. With up to a dozen food retailers including Bucking Bull and seating for approximately 650, it’s sure to become a favourite meeting place.

 

The new area will create a focal point of the new Mt. Ommaney Centre incorporating state of the art retail design highlighted by relaxing water features and landscaping sympathetic to the local environment.

 

The Bucking Bull menu offers a unique home-style traditional offer of roast meals, all-day breakfast, sandwiches, burgers, subs and spuds.

The new Bucking Bull – Mt. Ommaney store joins the rapidly growing number of Bucking Bull outlets across the country and is located at Shop FC7 Mt. Ommaney Centre, 171 Dandenong Road, Mt. Ommaney QLD 4074

 

                    Bucking Bull currently has 31 stores located across Australia, with plans to open more throughout 2010.

Click here for more information about Bucking Bull franchise opportunities

Bakers Delight prepares for surge in franchise enquiries

Australia’s most successful bakery franchise to recruit 150 new franchisees in 2010

Bakers Delight is preparing itself for an influx of franchise enquiries in the New Year, as it predicts the effects of the financial crisis will encourage people to start their own business in 2010.

Australia’s most successful bakery franchise plans to recruit 150 franchisees across new and existing sites with opportunities available in all states and territories as well as in New Zealand and Canada, where the company trades under COBS Bread.

Roger Gillespie, co-founder and CEO of Bakers Delight, said franchise enquiries were traditionally high in the first quarter of the year, but he expected this to increase significantly in 2010, on the back of the GFC.

“Owning your own business is the new Australian dream for a large number of Australians who want to take control of their own destiny and pursue self employment,” Roger said. “The holiday season is typically a time when people reassess their options and the economic crisis has made evaluating the future more top of mind than ever.”

The attractive prospect of operating your own business was highlighted in a recent survey by St.George Bank that found around five million Australians are attracted to the idea of starting their own business due to the flexible working arrangements they believe it offers or simply because they want to be their own boss.

Bakers Delight’s proven business model, remained strong during the downturn. This was further recognised by the company’s recent ranking as the sixth top performing franchise in the industry and the largest, during an independent survey recently conducted by strategic marketing intelligence company, 10 Thousand Feet.

Bakers Delight was commended for its strong brand perception, the operational support it provides franchisees and most importantly its return on investment (ROI) when compared to the industry.

The most standout result, however, was Bakers Delight’s brand recognition.  A massive 94 per cent of franchisees agreed Bakers Delight is a well recognised brand, compared to the industry average of just 56 per cent.  Additionally, 96 per cent of franchisees agreed they are passionate about their product, exceeding the industry by 10 percent.

Ian Krawitz, Head of Intelligence at 10 Thousand Feet and topfranchise.com.au said “As the number of franchisees grow in an organisation it is often challenging to keep all parties aligned. In the Top Franchise overall satisfaction ratings Bakers Delight is the largest franchise system (by number of Australian based locations) to make the top ten. Furthermore Bakers Delight has achieved outstanding results in the support of their franchisees, which has been a significant reason for them being able to keep such a large group of business owners satisfied.”

Furthermore, when it came to operational support Bakers Delight again exceeded the industry average by 12 per cent with franchisees learning valuable processes from the franchisor and 16 per cent when it came to providing tailored support to franchisees wanting to take on multiple units. Additionally, Bakers Delight outperformed the industry by 9 per cent when it came to providing good training to franchisees.

“It is great to see that our franchisees get so much value from the way we operate and the proven business model established over the past 29 years of operation. These results confirm we’re on the right track, which is very encouraging,” Roger said.

Click here for more information about Bakers Delight franchise opportunities and recruitment

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We save you time each week by sourcing Franchising, Business and Finance news from media outlets around the world

> To read the full story on these recent news items simply click on the link to visit our News Pages,

and then follow the story links

Sure, it is healthier, but is it profitable?

A group of franchisees are concerned that healthy products may in fact be detrimental to their brand.

Click here for more about this story

Go the Mo !

FIfty Snapon franchisees got behind the recent Movember project to raise awareness and funds for Beyond Blue and the Prostate Cancer Foundation of Australia.  In total, the network has raised over $30,000, with one franchisee (Shane Bruni) raising approximately $18,000 on his own.  As a result of Shane's Movember efforts, one of his customers visited the doctor for a check-up and found that he has early stages of prostate cancer.  The good news is that it can be treated as it is has been detected early.  Great job Shane and the entire Snap On team! 

Click here for more information about this community-minded franchise

Dominos' European Love Affair

Dominos Pizza has picked up another 15 European stores with the agreement to purchase Belgium pizza chain "The Pizza Store".

Click here for more about this story

Souvlakihut branches out

Souvlakihut has now branched into North Queensland with its first store opening in Townsville, creating over 20 jobs in the area and supporting strong employment growth in the local economy.

Kleenmaid back in stores

Compass Capital Partners is set to re-launch the Kleenmaid brand with products set to be in stores by June 2010.

Click here for more about this story

Verve Clicqot Business Woman Awards

Nominations for the Veuve Clicquot Business Woman Award 2010 are now open!

The award recognises the extraordinary achievements of entrepreneurial business women; innovators, risk takers, leaders and visionaries, with a commitment to corporate social responsibility. 

Click here for full details and nomination

 

LATEST FRANCHISE FOR SALE AND BUSINESS FOR SALE CLASSIFIED ADS

Click here to view the latest opportunities

Australia Day 10 - Is there a drought pending?

There have been calls this week for a reduction in alcohol sales on Australia Day.  See what's planned in your state.

Click here for more about this story

G'Day USA

This week 25 Australian companies will showcase their goods as part of the annual G'Day USA event being held in New York. 

Click here for more about this story

Food Trends 2010

Like to know what the future holds in the food retail sector? 

Click here for an insight into what consumers are tipped to be eating in 2010

ACCC News and Scamwatch        

The ACCC has instituted legal proceedings against Mailpost Australia Limited, its director Mr Peter Kristas, and Mailpost Postie Network Sydney Pty Ltd for alleged contraventions of the Trade Practices Act 1974, including statements that the business was "recession proof".

Click here for the full story

Be sure to keep up to date and stay one step ahead with the latest from the ACCC ScamWatch page.

Click here to visit the ACCC's Scamwatch pages

 

Interested in all the latest news from the ACCC?

> Click here to visit the ACCC News Centre.

Seminars and Events ... What's On ...

Click here for information about

ACCC Seminars and Events

Click here for other current Seminars and Events

including details of the BRW Franchising Forum

and a series of 

Free Australian Retailers Association webinars

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newsletter edition 166 first published 14.1.10                                                                                                                                          MB4GB