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* INSIDE FRANCHISING: GOOGLE'S #1 FOR FRANCHISING NEWS ! *
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Edition One Hundred and Sixty-Two of The Insider Delivering franchising news and opportunities since 2005 |
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Hello and welcome to this week's edition of The Insider - Ranked Google's #1 for Franchising News!
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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FRANCHISE & BUSINESS OPPORTUNITIES
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| SIGN*A*RAMA WRAPS BUS IN PINK FOR BREAST CANCER NETWORK |
How do you raise awareness of a great fund raising event? Well if it’s the Make Breast Cancer History Gala Evening, simply wrap a passenger bus in trademark pink signage. Sign A Rama Dandenong was given this mammoth task in September by the Grenda bus company, a major sponsor of the Make Breast Cancer History Gala Evening held in Melbourne in October. The passenger bus – it seats 57 – took a week to wrap in eye -catching pink signage designed pro bono by Davidson Branding. The Pink Bus is adding colour to Melbourne’s streets and helping to raise greater awareness of the need for continued funds - and it doesn’t stop there. Grenda has gone the extra mile by creating custom-made pink seat covers generously donated by McConnell Seats Australia and their fabric supplier, Reatex’s. The Pink Bus is as pink on the inside as it is on the outside! The Pink Bus was on the streets of Melbourne from September 29th and was to run through October only, but it’s received such great support from the public that Grenda now plan to keep the bus decked in pink until the end of the year.
All funds raised by the Make Breast Cancer History Gala Evening will be donated to the Breast Cancer Network Australia (BCNA) and the National Breast Cancer Foundation (NBCF). Sign*A*Rama Dandenong is helping to make breast cancer history!
Click here for more information about Sign*A*Rama Franchising Opportunities |
FEATURED FRANCHISE OPPORTUNITIES |
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SPECIAL FEATURE: PART 2 OF FRANCHISE EXPERT ADVICE SERIES |
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Part 2 of a 3 part advice series from Wisewould Mahony Lawyers Resale Price Maintenance Issues Can my franchisor force me to sell products at, or below, my cost price?
My franchisor has been advertising my products at the same price as my cost price. I am not making any profit by selling these products. In fact, I’m losing money because I still have to pay freight and other add on costs and then pay royalties under the Franchise Agreement. I must honour the advertised price but can my franchisor force me to continue doing this even if I am selling at a loss?
The law prohibits a franchisor from stipulating a minimum price, but not a maximum price at which the product must be sold. This concept is called Resale Price Maintenance. A Franchise Agreement may state the franchisee has the sole discretion in determining prices, except where the franchisor has stated a price in advertising material, in which case, the franchisee can not sell the product for more than the stated price in the advertisement. This is lawful, and a failure to comply will amount to a breach of the Franchise Agreement by the franchisee. However, where the franchisor is obtaining royalties from gross sales (probably at increased levels due to successful marketing campaign) at reduced prices, and the franchisee is making a continued loss on sales, it may arguably amount to unconscionable conduct under the Act. Much depends on the circumstances, particularly how long this pricing structure is expected to be in place for.
Join us in our next newsletter for Part 3 of this information series: Exclusive Supply
Click here to contact Wisewould Mahoney Lawyers for more information about this series Click here to view our last newsletter which includes Part 1 of this Information Series |
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| NEW INDUSTRY BODY ANSWERS DEMAND FOR SUPPORT | |||||||||
A NUMBER of prominent pool and spa aftermarket retailers have banded together to create a new industry body - the Swimming Pool Retail Association Australia (SPRAA). SPRAA’s inaugural President, Mr Peter Barr, said the body was established to meet the specific needs of pool and spa retailers and field service technicians including the increasing demand for more relevant and appropriate training in the pool and spa aftermarket retail sector. “With an executive board made up of founding members from Swimart, PoolWerx, Clark Rubber, BioGuard Poolside and leading independent pool stores SPRAA is an organisation formed for the industry by the industry,” he said. “Our ultimate goal is to provide greater support, ancillary services and representation for those in the retail and service sectors of our industry. “We want to ensure that this sector receives the support it craves and establishing SPRAA was the best option to achieve this. “Specifically SPRAA will provide support to our sector of the industry in key areas such as training and education, maintaining and improving professional standards and liaising with government bodies for the benefit of members and consumers.” Mr Barr said SPRAA would also provide a number of value-add services to its members. “The benefits offered to SPRAA members will include having access to affordable government-approved training programs; specific industry representation; greater networking opportunities; a professional code-of-conduct for the retail and service sector; and a body that looks out for their needs and interests. “We also plan to provide members with optional business related services further down the track. “We envisage SPRAA members will also experience increased consumer confidence that comes from being a part of a national industry body tailored to provide support for retailers and service technicians specifically.”
Click here for more information and a link to the SPRAA website |
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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:
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! |
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WE NOW ADVERTISE FRANCHISES AND SMALL BUSINESS OPPORTUNITIES, AND FRANCHISE EXPERTS!
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EFTPOS skimming scam at major retailer
A major food retailer has been caught up in a skimming scam which has seen more than $2.5 million stolen from over 3,000 bank accounts. Major fraud squad detectives said inquiries by police had confirmed that in-store EFTPOS devices had been compromised. Click here for more about this story Insider Trading - Charges Laid A NSW businessman has been charged after alleged insider trading relating to the failure of Queensland's Sam’s Seafoods four years ago. Click here for more about this story Furniture Stores Close Two NSW furniture stores unexpectedly close their doors, leaving questions about whether the stores will re-open and leaving customers wondering what to do next. Click here for more about this story Illegal butchers closed down Illegal butchers in NSW have been closed down by authorities amid fears regarding their high-risk small goods. Click here for more about this story Prankster Hits Again - Did he trick you? Have you received the email doing the rounds which contains a memo from a "McDonald's Executive" giving a directive to staff to "rip off drive-thru customers by leaving one item out of every second or third order" (giving Maccas a considerable saving)? Well, as you might have already guessed, it's a fake. Click here to read the memo and more about this story The Chocolate Bar - Only in America? USA: After three years of fielding interest from wannabe franchisees, a dessert-themed bar and restaurant The Chocolate Bar is opening its first franchise in Ohio. Does a bar that serves decadent chocolate desserts sound like a concept that could work? Mmmm, it's definitely food for thought ! 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 |
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Congratulations ! Crust Gourmet Pizza Bars scooped the major award for Outstanding Excellence at the ActionCOACH My Business Awards in Sydney on 2 October, in recognition of its outstanding achievements in business excellence across all the categories. ACCC ScamWatch & News 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. Fair Work Targets Retail & Hospitality Fair Work inspectors have earmarked retail and hospitality industries for a targeted campaign over the next two months. Click here for more about this story What's On ... Events 2009 National Franchise Convention NFC 09 Perth, WA Click here for more details
ACCC Seminars and Events Click here to visit the ACCC website list of events
Doggy Fantastic Camping Weekend Date: 22-25 October Location: Neurum Creek Bush Retreat (Near Woodford 20 mins from Caboolture) Click here for full details about this event Click here for more information about the franchising opportunities available NOW
WHERE IN THE WORLD? Did you know that Inside Franchising newsletter subscribers reside not only here in Australia, but also in countries around the globe including New Zealand, France, India, Malaysia, Italy, Greece, China, South Africa, UK, USA and more? |
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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. News items from other publications are linked to original source. Inside Franchising Pty Ltd takes no responsibility whatsoever for information and content being true and correct. Inside Franchising does not endorse specific franchises. See our disclaimer for full information. image credit fotosearch ** #1 google ranking for phrase "franchising news" as at 31.9.09 / #1/#2 ranking for advertisers based on particular search word criterias at 1.4.09 *` listing fees and terms and conditions may apply newsletter edition 162 first published 15.10.09 MB4GB |