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* INSIDE FRANCHISING: GOOGLE'S #1 FOR FRANCHISING NEWS ! *

  

Edition One Hundred and Fifty Six of The Insider

Delivering franchising news and opportunities since 2005

Welcome 

Hello and welcome to this week's edition of The Insider

- Ranked Google's #1 for Franchising News!

In Quick Shots News this week -

 

New York buyers looking at Queensland banking and insurance group

~  Franchises announce that business is good and profits are up up up!

~ The ATO has released its 2009-10 Compliance Program, which includes a long list of occupations and employee benefits which the ATO intends to target in the coming year ~ are you on their hit list? 

Receivers appointed to finance business

And

We feature a franchise business which helps you realise your own rewards whilst supporting you and your business all the way!

Plus, in News:

~ A franchise proves very lucky for one Aussie punter

~ With two-thirds of Australian women keen to shed the kilos, this franchise is delivering results

And

All the latest profits, losses, awards, winners and opportunities.

These stories plus many more all in this edition of The Insider.

Join us again next week for more news & updates

from around the globe.

All the best,

Leesa and the Team at Inside Franchising

 

 

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CLASSIFIED ADS

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Franchise & Business Opportunities

BRIDGESTONE SELECT

The Bridgestone Select team are looking for franchisees

Australia-wide

Click here to view the

Bridgestone Select profile and request more information

SAFETYQUIP

The Safety Professionals.

The only significant national franchise network in workplace health and safety supplies and consultancy

entry fee $54,450*

Click here to view the SafetyQuip profile and request more information

*see profile for full pricing

POOLWERX

All states

No Experience Necessary!

PoolWerx is the world's largest pool and spa maintenance network.

$93,950*

Click here to view the Poolwerx profile and request more information

*see profile for full pricing

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DONUT KING BREWS NEW COFFEE CAMPAIGN

 

 

Australia’s leading donut and coffee maker Donut King has launched its largest marketing campaign for the year aimed at encouraging coffee-lovers to sample its new Royal Bean coffee blend.

Developed by internationally-recognised coffee experts during the past 12 months, Donut King’s Royal Bean coffee blend features some of the world’s finest coffee beans.

The new marketing campaign is Donut King’s biggest coffee promotion and will run from 2 August for two months.  

Supporting Royal Bean is a $1 million advertising and integrated marketing campaign from advertising agency BCM, interactive marketing agency Oxygen and public relations agency BBS.

The campaign includes television advertising on Channel 7 and pay TV, sponsorship of the new TV Burp television show, loyalty card letter drop, New Idea coffee giveaway, magazine advertising, mallways, offers to Donut King’s database and instore materials.

 

Donut King Acting Marketing Manager Andrea Gartside said the campaign was aimed at driving customer awareness and trial of the new coffee sub-brand within Donut King stores.

“This is another step in the progression of Donut King as a destination for the whole family.  While kids can enjoy their donuts and milkshakes, mum and dad can sip on a great-tasting coffee,” she said.

“During the past year, we’ve been working hard to not only get the blend of coffee beans right in Royal Bean to meet the taste profiles of customers, but also investing heavily in training our store staff to brew the perfect cup of coffee.

“Coffee already accounts for a strong percentage of our store sales and with the launch of Royal Bean we’re looking to grow this further.”

As Australia's largest specialty donut and coffee chain, Donut King operates more than 315 stores across Australia, employing over 4,600 staff and serving 30 million donuts to Australians every year.

The Donut King franchise network is owned and managed by ASX Listed Retail Food Group Limited (RFG), a leading Australian retail food brand manager and franchisor. RFG is the intellectual property owner and manager of the Donut King, bb’s cafe, Brumby’s Bakeries and Michel’s Patisseries franchise systems.  

 Click here for more information about the Donut King Franchise Opportunities available today

BRISBANE BASED FRANCHISE SELLS FIRST DIVISION IN $80 MILLION JACKPOT

 

Supanews Logo

A Supanews outlet at Westfield Penrith has sold one of the Division One prize-winning tickets in the recent $80 Million Powerball draw.

Supanews’ founder, Adrian Gaskin, said that he was “thrilled that one of our franchisees has sold a lucky ticket and rewarded a hardworking Australian”. He went on to say that “this fantastic occurrence cements Supanews’ position as a premier newsagency destination for all consumers. It is a great morale boost for our network and our industrious franchisees”.

Supanews is a Brisbane-based newsagency chain with stores in Queensland, New South Wales, the ACT and Victoria.

 

Through its professional approach to store development and franchising, Supanews is now seen as Australia’s “best in class” newsagency retailer. Supanews operates both corporate and franchised businesses. Across the network, Supanews currently rates at an annual turnover in excess of $147 million per annum and expects to open its 60th store by end of 2009.

 

Click here for more information about the Supanews Franchise Opportunities available today

RFG POSTS 33% PROFIT INCREASE AND REDUCES DEBY BY $21.8 MILLION

 

Leading Australian retail food brand manager and franchisor Retail Food Group Limited (ASX:RFG) has announced FY09 NPAT of $23.5m, a 33% (or $5.9m) increase on FY08.

NPAT from ‘Core Operations’ was $23.4m, up 52% (or $8.0m) on the result achieved in FY08.

EPS was 23.7 cents compared to 19.9 cents in FY08, while EPS from ‘Core Operations’ was 23.6 cents, representing an increase of 35.6% over EPS from ‘Core Operations’ in FY08.

KEY HIGHLIGHTS

  • Final dividend increased to 4.75 cps fully franked (full year dividend 9.25 cps fully franked)

  • Strong net cash inflow from operating activities of $23.2 million (75% growth on FY08)

  • EBIT growth of 17.2% underpinned by:

  • continued operational cost rationalisation and franchise system synergy enhancement, and

  • increased EBIT contribution of acquired franchise systems (Brumby’s Bakeries and Michel’s Patisserie) as well as original systems (Donut King and bb’s café)

  • Total debt reduced by further $21.8 million (or 18.5%) in FY09

  • 59 new outlets commissioned in FY09

  • Continued international expansion in China with opening of 4 outlets in FY09

  • Disposition of Central Manufacturing Facility (CMF) completed

  • Consolidation of coffee roasting operations

Retail Food Group Limited is the intellectual property owner and manager of the successful Donut King, Michel’s Patisserie, Brumby’s Bakeries and bb’s cafe franchise systems.

 

Click here for more information about the Entire Group of Retail Food Group

Franchise Opportunities available today

Featured Franchise Opportunity

OZ Design Furniture is a growing home lifestyle brand with over 20 franchised and corporate stores Australia wide.

Originally trading as The Great Australian Design Company, it opened its first store in Auburn, selling bean bags and pine tables, and the name was streamlined to OZ Design Furniture in 1987.

Privately owned for 30 years OZ Design Furniture is committed to the franchising concept, and has franchises in QLD, NSW, ACT, VIC and WA.

As an aspirational furniture and homewares retailer, OZ Design sells fabric and leather sofas, dining tables, entertainment units, coffee tables, console tables, buffets, shelving, storage as well as accessories which include cushions, decorative vases, lamps, mirrors, prints and rugs.

OZ Design is a national brand that has local market appeal. Its expansive collection of furniture and homewares allows each franchisee to tailor their product offering to their market’s needs, tastes and style.

Skilled in finance, product, marketing and IT, OZ Design Furniture’s support staff is there to help you grow your business and support you with the day to day operations.

In short, you’ll be working for yourself, generating business and realising your own rewards, but we’ll be right there to support you and your business.

Click here for more information about the Oz Design Furniture Franchise Opportunity

 

WOMEN STILL FIGHTING THE BATTLE OF THE BULGE

 

Almost two thirds of Australian women want to lose at least 5kg, with almost 20 per cent wanting to lose in excess of 20kg, according to a recent Newspoll survey.

In a bid to lose weight fast, one in two women surveyed said they had tried various fad diets and meal replacement shakes. Fernwood’s National Nutritional and Fitness Program Manager Nic Linford, said women have been turning to weight loss gimmicks and fitness fads to lose weight for decades without sustained success.

“Over the years women have wasted a lot of time and money on crazy diets that exclude essential food groups, even though we all know that these unhealthy approaches will not lead to long term weight loss,” Ms Linford said.

“The only way women can ensure that they receive steady and sustained weight loss is through a balanced diet and regular exercise including strength training, which has been Fernwood’s philosophy since the first club opened in regional Victoria 20 years ago,” she explained

Not surprisingly, according to Accredited Exercise Physiologist Maryanne Long, the Newspoll data also revealed that over half of Australian women have never strength trained before.

“A lot of women think that lifting weights is going to make them muscly and bulky, and that’s just not true. The truth is that women simply don’t have the same levels of muscle-developing hormones as men and if women don’t strength train, they will start losing muscle after the age of 30,” she explained.

“Strength training is vital in preventing lifestyle diseases such as type 2 diabetes and helping women to lose excess body fat, which is what helps to make you look trim and taut,” Ms Long said.

When asked about their motivations for wanting to lose weight, just over 50 per cent of women said they exercised for health reasons.  Ms Linford said it was positive to see that 75 per cent of women were also motivated to lose weight so they could feel more confident and attractive.

“Women develop an increase in self esteem and confidence as they begin to notice improvements in their body shape, fitness and strength. Being part of a supportive and non-judgemental environment certainly helps women to feel less conscious, and more focused on achieving their goals,” she said.

 

This year Fernwood is celebrating its 20th Birthday and founder of Fernwood Women’s Health Clubs, Diana Williams says it’s amazing to think that 20 years ago there was no such thing as a women’s-only gym in Australia.

“Back when I opened the first gym in Bendigo, many women I knew avoided going to the gym because they were intimidated by the sight of men lifting huge weights and deterred by the overpowering masculine ambience. Thankfully, Fernwood changed all that and women now have a place where they can feel comfortable, safe and supported to achieve their weight loss and fitness goals,” Diana explained.

Click here for more information about the Fernwood Franchise Opportunities available today

 

Advertising Opportunities

30% of new franchisees recruited online

Results from a Franchisor Expansion Study by 10 Thousand Feet into the Australian franchising industry reports the following: 

 

  • Just 10 per cent of Australian franchisors reported negative growth in 2008

  • Despite this, the $40 million plus franchisors spend on marketing each year to attract new franchisees will be significantly cut in 2009

  • Newspaper ad revenues will be one of the areas to suffer most, with just 11 per cent of new franchise leads generated through this medium in 2008 – down from 18 per cent in 2007.

In contrast, online and word of mouth recruitment strategies are set to grow with 29 per cent of new franchisees were recruited via word of mouth in 2008, and 30 per cent of new franchisees recruited

via online avenues!

WE NOW ADVERTISE FRANCHISES AND

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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 <

I Love Aussie Restaurants!

The winners of the I Love Food Awards for 2009 have been announced.  Dubbed Australia's biggest people's choice restaurant awards, prizes are awarded according to votes made by the public. Australia's favourite places to eat out were varied. 

Click here for more about this story

and a list of winners  

Appliance Retailer Suspends

Share Trading

Clive Peeters has suspended its shares from trading on the ASX after its announcement that it now expected its loss to be between $11 and $12 million instead of the $5 which the company had predicted in July.

Click here for more about this story

Coffee Beans for Genes

This year, Gloria Jean's Coffees will support Jeans for Genes day with exclusive "Denim-strating Coffee 101" workshops.

Click here for more about this story

New technology hands-free

7-Eleven plans to introduce technology that will allow customers to use contactless payment credit cards to pay for purchases worth less than $100.

Click here for more about this story

Telstra faces $300 million fine

TELSTRA could face a fine of up to $300 million after admitting to the Federal Court it was guilty of misleading and deceptive conduct after allegations were  raised by the ACCC.

Click here for more about this story

Lenards Announces Profit

Lenard’s has announced that the gross profit of its franchised stores rose significantly in the 2008/09 financial year.

Click here for more about this story

Award Nominations Open

Western Australian Small Businesses are invited to apply for the 2009 The Australian Small Business Champion Awards. Entries are open to retail or service businesses with less than 40 employees.  Entries close 7 September 2009

Click here for more about this story  

ATO: Small Businesses Offered Help

The ATO is offering introductory sessions for small business which cover topics including Tax Basics where you will learn about tax issues relevant to operating and owning a small business; and Record Keeping Sessions which give small business operators a better understand of the basic concepts of record keeping. 

Click here for more about this story

ARA Welcomes ACCC Investigation in lease agreements

The Australian Retailers Association has welcomed an ACCC investigation into restrictive lease arrangements between shopping centre landlords and tenants. The ACCC and Federal Government reported this week that they were looking to rid the country of restrictive lease agreements that prevent more than one supermarket chain operating in a shopping centre.

                  ACCC News Centre                

 

Interested in all the latest news from the ACCC?

 

> Click here to visit the ACCC News Centre.

 

LATEST FRANCHISE FOR SALE AND BUSINESS FOR SALE CLASSIFIED ADS - UPDATED WEEKLY

Click here to view the latest opportunities

 

Trade figure down

- are discounts to blame?

Australian Bureau of Statistics (ABS) retail trade figures showed an 8.8 per cent drop in department store sales and a 7.4 per cent fall in clothing and soft good retailing sales for June, seasonally adjusted.  Are big discounts to blame?

Click here for more about this story  

Kleenmaid Update

The Australian Tax Office is chasing failed Kleenmaid founder Brad Young for $1 million.

Click here for more about this story

Receivers Appointed

City Pacific’s bankers have called in the receivers.  Reports indicate that the fund’s loan book is more than 90 per cent in default.

Click here for more about this story

New York buyer for Suncorp Group?

J.C. Flowers, a New York-based private equity firm, is believed to be considering a bid for Queensland banking and insurance group Suncorp.

Click here for more about this story

ATO release 2009-10

Compliance Program

The ATO has released its 2009-10 Compliance Program, which includes a long list of occupations and employee benefits which the ATO intends to target in the coming year. 

Click here to access the full Report

and read more about this story

 

What's On ...

Seminars

"What to look out for before signing

a franchise agreement"

August 26 in Burnie, Tasmania.

Click here for more information

 

Events

NFC 09 Perth, WA

Click here for more details and to register

 

2009 Retail Expo and National Retail Forum

Melbourne Convention and Exhibition Centre

Retail Expo 11-13 August 2009

National Retail Forum 11-12 August 2009

Click here for more information

 

Franchising & Business Opportunities Expo

Melbourne, 14-16 August

Click here for more information

 

Franchising & Business Opportunities Expo

Brisbane - 12 & 13 September

Click here for more information

ACCC Seminars and Events

Click here to visit the ACCC website list of events

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newsletter edition 156 first published 10.7.09

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