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| Edition One-Hundred and Seventeen of the Insider | |||
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Profits and Prizes: Today's News in Franchising includes two FY08 profit reports; and we look at a franchise which is celebrating its successful implementation of some green initiatives. New Opportunity: If you are interested in the great outdoors then be sure to take a look at today's profile of Kwik Kerb - it may just be the business you have been looking for. All of this, and more news and information from around the globe.
Visit our website today for more than 750 franchise opportunities! Have a great weekend! From the Inside Franchising Team |
Missed a recent edition ? for recent news about Aussie Pooch Mobile; ecowash; PoolWerx; the Ketchell decision and more for recent news about Bakers Delight; Bucking Bull; Howards Storage World; Wendy's for recent news about Aussie Pooch Mobile; Donut King; Human Rhythms
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For Sale and Available Now >Click here to check out the new listings at our Franchises for Sale pages - there are hundreds of franchise locations to choose from ! You can also now see a full list of franchise for sale opportunities on our homepage |
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NEW OPPORTUNITY |
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Unlimited Earning Potential With Kwik Kerb® YOU keep all the profits! We have Kwik Kerb Business Owners earning $1000+ in a day. If they can do it, so can you! On-going Business Care and Marketing Support When you start your Kwik Kerb® business you will be provided with full training, complimentary advertising, specially designed advertisements, flyers and exclusive newsletters and support is simply a phone call away. Full Training Provided Kwik Kerb® Business Owners are provided with comprehensive equipment training that covers machine usage, invaluable quoting, marketing and sales techniques specifically targeted at ensuring your Kwik Kerb® business is both professional and profitable.
*Kwik Kerb® Is not a Franchise People purchasing a Kwik Kerb® proven system receive many of the benefits of a franchise style business but there are no ongoing fees of any type and there are no territorial restrictions. Click here for more information about the Kwik Kerb business opportunity |
| Solid Mortgage Choice annual financial result despite challenging market conditions | ||
The future: “Mortgage Choice’s specialist focus, strong brand presence, experienced and professional broker network, high productivity levels per broker and well honed training, product and technology systems mean we are ideally placed to continue to benefit from any growth prospects,” said Managing Director Paul Lahiff.
“The economic fundamentals are certainly in place – a sound economy, strong net migration, low unemployment, stable wages growth - all of which should underpin the housing market. |
“Mortgage Choice is confident that it is well placed to achieve another successful year in FY2009. Our approach to business opportunities and a singular focus on the strategies outlined above will clearly assist in this”.
Click here for more information about Mortgage Choice Franchising
Leading Australian retail food brand manager and franchisor Retail Food Group Limited (RFG) this week announced FY08 NPAT of $17.6m – up 134% (or $10.1m) on the previous corresponding period (pcp) and exceeding the Company’s upper range NPAT guidance provided on 10 July 2008.
NPAT of $17.6m included a non-recurring gain of $0.754m on the acquisition of Brumby’s Bakeries representing the excess fair value of the net assets of the Brumby’s Bakeries business acquired over the total consideration paid. NPAT, excluding this gain, was $16.9m, a 125% increase on pcp.
Total franchise outlet sales across RFG’s Donut King, Brumby’s Bakeries, Michel’s Patisserie and bb’s café systems for the financial year ending 30 June 2008 grew to $592m, an increase of $434m over the previous year. EPS increased from 10.5 cents to 19.9 cents, an 89.5% increase on pcp. EPS on a continuing business basis (i.e. excluding the gain on acquisition of Brumby’s Bakeries) was 19.0 cents, an increase of 80.9% on pcp.
As at 30 June 2008, there were a total of 1,052 franchised outlets under RFG’s four successful franchise systems comprising:
- 307 Donut King outlets (a net increase of 18 outlets on previous year)
- 329 Brumby’s Bakeries outlets (a net increase of 8 outlets on previous year)
- 348 Michel’s Patisserie outlets, (a net increase of 6 outlets on previous year), and
- 68 bb’s café outlets (a net decrease of 3 outlets on the previous year).
Click here for more information about the RFG Group of Franchises
Hot on the heels of Aussie gold at the Olympics, it’s yet another night of gold and green triumph for the Worldwide Online Printing in WA.
At last the Printing Industry Craftsmanship Awards (PICA) annual ceremony held on 23 August, held at the Perth Exhibition and Convention Centre, Worldwide’s O’Connor retail Centre scooped its second Gold Environment award in a row.
John Stangeland, State Master and Joint Owner |
John Stangeland, Worldwide’s State Master and joint owner of Worldwide O’Connor, said, “Of course, we’re thrilled to have picked up four awards, and particularly the Gold Environmental award – we’re really passionate at Worldwide in WA about developing sustainable practice.”
Last year, all of Worldwide’s WA centres earned Green Stamp Level II Certification from the (PIAA) Printing Industries Association of Australia and the Western Australian Department of Environment.
Having a Green Stamp recognises that O’Connor and the other WA Worldwide Centres go beyond legislative requirements to achieve high environmental practice standards governing waste management and disposal, pollution prevention and energy conservation.
The Gold Environment award was among a total of an amazing four PICAs won by Worldwide Centres in WA.
Worldwide Fremantle, also owned and run by John and his wife Mandy, won Worldwide’s second Gold PICA this year for its use of digital VDP (variable data printing) in wide format. They won for pushing the boundaries of current VDP convention by printing personalised, self-promotional posters aimed at over 100 local businesses on their state-of-the-art digital Océ TCS 500. The award-winning campaign was completely designed and executed by the team at Fremantle. |
The two Silver PICAs both went to Worldwide East Perth, for the Corporate Stationery Set category and for digital label printing. Worldwide East Perth is owned by Simon Forrest and managed by Mandy Dzelzitis, and has won several WA PICAs in previous years.
“As usual, it was a great fun night at the PICAs, catching up with friends and colleagues in the industry,” added Stangeland.
Click here for more information about Worldwide Online Printing Franchising
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US Baskin-Robbins® stores are polling America's palate with Flavor Debate '08 - a limited edition release of two new Presidential Election flavors. (Yes, really!) The two flavour candidates up for debate: > Straight Talk Crunch (representing Republican Senator John McCain) and > Whirl of Change (representing Democratic Senator Barack Obama). Americans can vote for their "flavourite" candidate in any US Baskin-Robbins store nationwide and once the flavour polls close on 20 October, votes will then be tallied and the winner of Flavor Debate '08 will be announced (possibly even providing a taste for which candidate Americans will choose as the next President of the United States in November?)! > Click here for the full story
"More banks are assessing loan applications from franchise owners seeking additional funds." said Mr Scales. > Click here for the full story ACCC NEWS The Australian Competition and Consumer Commission has granted authorisation to Myer to enable it to continue to invite concession businesses operating within Myer Stores to participate in its various promotions.
(Concession businesses license or rent floor space from Myer. These 'stores within stores' display and sell only the brand of product promoted and sold by the relevant concession business and are operated independently of Myer.) > Click here for the full story Interested in all the latest news from the ACCC? > Click here to visit the ACCC News Centre.
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Workplace Ombudsman Less than half the restaurants and cafes in central and northern Queensland are complying with workplace laws, a targeted campaign by the federal Workplace Ombudsman has revealed. More than 270 workers have been reimbursed almost $97,000 after random audits found they were being underpaid. One business has had to back-pay 54 staff $21,000. > Click here for the full story McKosovo There are currently 800 companies in the running to gain the first McDonald's franchise agreement for Kosovo. > Click here for the full story Australian franchise Café 2U has been crowned the largest mobile coffee franchise in the world. Since developing into a franchise system in 2004 from a humble one-man, one van operation on Sydney’s North Shore four years earlier, Café 2U currently has 45 franchises in NSW. > Click here to request more information about Café 2U Gourmet pizza franchise Pizza Capers will be helping to raise over $2,000 for Youngcare this week by donating $1 from every large pizza sold on Father’s Day, Sunday 7 September. Capers Marketing Manager Adrian Burton said supporting the community was something the company strongly believed in and they were thrilled to be able to help. “There are over 6,500 young Australians in nursing homes so it’s a great feeling to know we are helping so many young people achieve a relevant and dignified lifestyle in purpose-designed apartments,” he said. > Click here to request more information about Pizza Capers
And the Winners are...... > Click here for a list of all of the regional winners of the MYOB Excellence in Franchising Awards |
Ever wanted to know more about a particular franchise? How much does one cost? Is there an opportunity available? What kind of experience is needed? Simply visit us at Inside Franchising to view our full list of opportunities!
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*The content of all news items published in this newsletter are published in good faith and are reproduced from information provided by the individual companies or their agents, the subject of said news items. Inside Franchising Pty Ltd takes no responsibility whatsoever for information and content being true and correct. |