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Whale View Drop Down
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    Posted: 10 Sep 2018 at 11:26am
There has been a lot of adverse publicity recently,  Retail Food Group - Michell's, Gloria Jean's, Brumby's, Donut King etc.
Others including 7 Eleven, Mortgage House, Caltex ,Dominos,  all plagued by scandals.
Ongoing exorbitant charges for "training", upgrades,, no transparency in model, pumped up unrealistic profit figures, supply chain problems, the only way many franchisees can keep their head above water is to underpay their staff.  And if they want to get out they find it impossible to sell the franchise, many walk away with enormous losses.
I suppose there are some worthwhile franchises bit I believe in the main the only people making money are the franchisors.
People who buy in are generally inexperienced wanna be business people who do not do research and have unrealistic expectations, perfect fodder for the franchising sharks.
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Dr E View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2018 at 7:57pm
Pretty good summary WhaleThumbs Up

Most people who make a go of a franchised business would be successful in business anyway ... and vice versa ... and the second lot, who didn't do sufficient due diligence and were just not cut out for it, make the most noise.

Unfair agreements are a big issue, particularly where the get out clause is unconscionable.

Greed is everywhere ... the upcoming report into Franchising (due soon I think?) will be interesting ... let's face it, it wouldn't matter what it was, an inquiry into anything will turn up adverse aspects!Ouch
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Second Chance View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2018 at 8:44pm
And if all that wasn't bad enough, the so-called Liberal Franchise appears in huge trouble too.  Cry
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Dr E View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2018 at 9:20pm
... try to make a sensible contribution SC.

Be like Whale!Thumbs Up
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maccamax View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 10 Sep 2018 at 10:53pm
True Whale ..    Real Traps that go deep .
One big money maker for the franchise is the gouging of the product that the franchisee's contract states, must be purchased from the franchisor.
So many walk away broke and the cycle commences for another, unsuspecting victim.
We allow & actually encourage such crime .
It does nothing to encourage honest Business ventures .   
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Isaac soloman Quote  Post ReplyReply Direct Link To This Post Posted: 11 Sep 2018 at 6:43pm
Sadly

Bedford murders: Jim’s Mowing boss says accused Anthony Harvey showed no signs of distress


Anthony Harvey gave no hint of any problems in his interactions with the Jim’s Mowing franchising group.

Jim Penman.Jim Penman.

Jim Penman, the boss of the franchising network, issued a statement on the company’s Facebook page stating that the “only suggestion of trouble was his failure on several occasions to respond to phone calls, made as part of our effort to keep in regular contact with franchisees.”

“The Jim's Group community has been devastated by the deaths of the Quinn family in Perth,” Mr Penman wrote.

“The deaths are all the more shocking in that Anthony was a well-respected and well-liked Franchisee who had given no hint of problems in the many contacts we had with him over the past few months.”

Mr Penman said the company was looking to help any other franchisees who might be in distress.

“We are currently working to set up a counselling clinic at our Mooroolbark headquarters (in Melbourne), where qualified psychologists can give help at no cost to the franchisees either in person or by Skype.

“We are also looking at tightening the requirement for Franchisees to keep in more regular contact with us. We will do everything we can to prevent such a horrifying event from ever happening again.”

The Jim’s Group, which has more than 40 divisions, has been criticised by former franchisees in submissions to a federal parliamentary inquiry into problems in the franchising industry.

Mr Harvey, 24, and his wife Mara, 41, owned a Jim’s Mowing franchise. Before that, Mr Harvey worked fly in, fly out doing cleaning and grounds maintenance on mine sites.

Mrs Harvey, 41, was found dead at her Bedford home on Sunday alongside three-and-a-half-year-old Charlotte Kate Harvey, two-year-old twins Alice Ester and Beatrix Mae Harvey and 73-year-old Beverley Ann Quinn.

Mr Harvey has been charged with their murders.

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Whale View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 12 Sep 2018 at 4:07pm

The Alternative Board

This is a truly unique business opportunity, not like most other franchise opportunities on the market, this business suits a very specialised type of person. Someone that enjoys business, people and making a difference.

Started in the USA in 1990 and has now grown to over 18 countries, we have worked with in excess of 20,000 businesses and currently work with 4000 business owners globally. TAB was introduced to the Australian market in 2014, and currently has more than 15 facilitator coaches operating.

You've probably had a very successful career but may have yearned for something more, perhaps your own business using the skills that you've developed over your career.

This is an opportunity to use all of the experience you've gained over many years


Noodle Box

Thank you for your enquiry and we are thrilled to present you with the opportunity of joining the Noodle Box family. The great news is that you don't need to be a master chef or have a business degree to own a Noodle Box as we support you every step of the way. We will assist in finding the right location, store design and build, and then provide you with full training and ongoing operational and marketing support.

    In return for a low-cost investment you will receive:
    • A cutting-edge restaurant design and build
    • All new plant and equipment
    • Grand opening marketing support
    • Proven systems of operation
    • Local and national marketing campaigns
    • Comprehensive training
    • Ongoing business analysis and support
    • National purchasing power
    • Uncapped earning potential

    Finance options available 

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Second Chance View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 12 Sep 2018 at 4:32pm
One of my oldest and best mates is Chairman of Noodle Box.  The company has a perfectly clean record and francisees appear more than happy with the franchisor.

Any reason they get a specific mention here?
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Whale View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 12 Sep 2018 at 4:40pm
No aspersions cast,  I got mail from CareerOne mentioning those franchises, posted them as a matter of possible interest.
There are good franchises , up to potential purchasers to do the research
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Second Chance View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 12 Sep 2018 at 5:05pm
Thumbs Up
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maccamax View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 24 Sep 2018 at 3:43pm
Originally posted by Second Chance Second Chance wrote:

Thumbs Up


Tied into contracts and the successful have quite a turnover.
Harvey Norman is one that comes to mind. He is established around the world and his buying power would be massive.      Probably bad business people will fail whether contracted or not.    Old Harv is forever replacing failures , even with his financial support & skills.

It is a puzzle why someone would tie themselves to a Franchise Cutting lawns & Hedges. ( Jim's Mowing Mentioned )   They pay commission and start 10% GST behind most opposition.    Winter Stuffs them up big time. ( Any business earning less than $75000 a year don't have to Register for GST ) .
I don't know any handymen who reaches that income pushing a mower.
Quite a few charge it ( illegally ) but the taxmen catch up eventually
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Whale View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 24 Sep 2018 at 10:25pm
Was surprised to read that htere are only 970 McDonald's in Australia, I thought there were thousands. About 270 are kept by head office the rest are owned by approximately 280 franchisees
 Only $60,000 but you have to pay for fit out of store, owned by McDonald's,  and other costs, probably totalling hundreds of thousands.

Seems to be one of the better franchises as can be seen by people owning multiple stores
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rusty nails View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 24 Sep 2018 at 10:30pm
I'm very surprised at how many are owned by HO, also by your claim of $60k for a franchise. I can't remember the breakdown but I financed a few in the 90's and it was well in excess of $1M to get one operational.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 24 Sep 2018 at 10:37pm
I read that in the paper today, I guess the $60,000 is a nominal amount and a fraction of the total cost.  Just googled and found this, don't know how up to date or if US or Australian cost  :

$45,000
McDonald's Franchise Cost / Initial Investment / Income. Most McDonald's owner/operators have entered the corporation by purchasing an existing restaurant. To open a McDonald's franchise, however, requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 24 Sep 2018 at 11:08pm
I wasn’t doubting your figure,just surprised at how low it was.
My foggy   memory had the figure st 250- 400.
Not many things get cheaper over time
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Dr E View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 24 Sep 2018 at 11:46pm
All of the premium locations are taken. I recall former South Sydney Legend (and then detested Rooters defector) Ronnie Coote owned a few ... one of the short list of smart NRL players!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 25 Sep 2018 at 3:33am
Originally posted by Dr E Dr E wrote:

All of the premium locations are taken. I recall former South Sydney Legend (and then detested Rooters defector) Ronnie Coote owned a few ... one of the short list of smart NRL players!


Bit like marrying these Franchises.

Costly to get into and usually broke when you get out of them.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 26 Sep 2018 at 8:28pm
×

misschu

https://prodcdn.careeronecdn.com.au/V2/lux/images/background.jpg";); background-color: rgb(204, 204, 204); color: rgb(51, 51, 51); font-family: Gotham-Book; font-size: 14px;">

Yes it's true! Current misschu tuckshops averaged $2.5 million in gross sales last financial year. Amongst other reasons, we:

  • have two strong day parts; lunch AND dinner
  • tap into the growth trends of snacking, street-food & healthy eating
  • mastered the art of home delivery; a menu refined over 7 years
  • specialise in Asian catering; office lunches with a healthy twist!

Our menu is unique and we dial up the healthy ingredients, for example we:

  • offer low carb shirataki noodles;
  • use whole grain and low GI red rice;
  • use pure olive oil in our woks and marinades;
  • cater to a broad range of dietary requirements including a host of low carb, vegan, vegetarian, dairy free and gluten free options.

As a new franchisor, we're disrupting the scene with a fresh approach:

  • full transparency on rebates to head office
  • rebate Sharing Plan, so franchisees benefit
  • business model designed to avoid shopping centre leases
  • tiered Royalty Fee structure

No hospitality experience or formal education required. We will teach you everything you need to know to succeed. So if you're a foodie and this sounds like you, we'd love to hear from you!



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Ella Bache

https://prodcdn.careeronecdn.com.au/V2/lux/images/background.jpg";);">

Now in our third generation of family ownership, Ella Baché boasts the country’s largest skincare franchise network and our products and services are available in over 150 salons nationwide.

There’s no secret to our enduring success. Our brand reflects the traits Australians tend to value and admire most, like authenticity, curiosity, hard work and confidence. We’re also a family – we take care of each other. As a franchise owner, you can expect the ongoing support and training you need to create the vibrant lifestyle you want.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 26 Sep 2018 at 8:58pm
What happened to the Preview function Whale?   

Thought you' might've sorted all that complex stuff during your Sabbatical.  TongueWink
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 26 Sep 2018 at 9:17pm

Start Now

Work smarter, not harder! 
Kick start your business the right way. Gain skills and confidence, and earn money. Fast.

 

Are you looking for a career where you have the freedom and flexibility to work your own hours? You're in the right place! See below for more information on our Confident Start Kit and our special new business offer just for the month of September. 

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 26 Sep 2018 at 9:19pm
Am told you're more into a tupper upper (sic) Doc.  Smile
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 27 Sep 2018 at 3:38am
You got me SC ... I have no clue what you are on about?Stern Smile
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 09 Oct 2018 at 8:47am
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 14 Nov 2018 at 5:52pm
Did you end up buying yourself a job Whale?

Thought this one might suit you down to the ground - you would have the posture right, according to CNNPT!

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 14 Nov 2018 at 6:11pm
Talking about totally failed franchises, how about the Liberal/National Federal coalition?  LOL
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 14 Nov 2018 at 6:16pm
Originally posted by Dr E Dr E wrote:

Did you end up buying yourself a job Whale?

Thought this one might suit you down to the ground - you would have the posture right, according to CNNPT!


No I actually owned a proper business, not like the useless no clues who buy franchises Wink
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 14 Nov 2018 at 6:22pm
I own a franchise.Embarrassed
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 14 Nov 2018 at 6:24pm
Originally posted by Second Chance Second Chance wrote:

Talking about totally failed franchises, how about the Liberal/National Federal coalition?  LOL

hmmm ... don't understand economic figures SC? ... how many of the 27 years of economic growth have the LNP been responsible for anyway?

... and they gave you GAY MARRIAGE!Cry
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 14 Nov 2018 at 6:28pm
Originally posted by Dr E Dr E wrote:

I own a franchise.Embarrassed

how is the film developing business going LOL
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 14 Nov 2018 at 7:17pm
Your Pink Ink franchise is thriving Doc.

Whale might be in line for a job ....    Can you imagine , He would Post your mail in a Burka .        Best you leave him in Melbourne, he can compete with the workers from the Sudan.
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