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  Franchisors cautious before coalition policies clarified 

The latest Franchise Confidence Index shows that business uncertainty increased in the pre-election period. Following the announcement of a Labour-led government, it remains to be seen how quickly things will settle down and everyone adjusts to the 'new normal'. A hint from inside Cabinet that higher minimum wages could be off-set by tax breaks for small businesses is promising ... Read more.
   
 
  Reading the signs 

The figures from the latest Franchising New Zealand survey are hugely impressive, but what do they tell us about where you should be putting your money if you're thinking of buying a franchised business right now? Here are some tips on how to read the signs.
 
 
 
 
opportunities - FOOD & BEV
  
 
 
Whether it's a family meal out or something on-the-run, food & beverage franchises are never short of customers. Here are four to choose from - find more here.  


  
  The re-vitalised Burger Wisconsin wants energetic young entrepreneurs all over the country.  Innovation and efficiencies are helping new Cobb & Co. franchisees get profitable quickly.  Coffix combines affordable prices and fair trading with excellent returns for franchisees.  Investing in themselves rather than a house pays off for determined Domino's franchisees.   
 
 
     
 
  
  Wage investigation costs Auckland franchisees $125,000 

Caltex franchisees in Auckland have had to pay more than $125,000 in arrears to 232 former and current employees following an investigation by the Labour Inspectorate that revealed 'substantive' minimum wage breaches and other systemic breaches. Faulty payroll procedures caused the errors. Read more.
   
 
  Who's growing and who's struggling? 

Every year, the influential US publication Franchise Times ranks the 500 biggest brands in franchising according to global sales, total number of units in the US and worldwide, and by sales and unit growth. It's a good indication of overall trends in a variety of market sectors and always holds a few surprises, with an Australasian franchise breaking into the top 100 this year ... Read more.
 
 
 
 
opportunities - LOCATION, LOCATION, LOCATION
 
 
Why do we see so many franchise brands around when we are out shopping? Practice makes perfect when it comes to choosing a location - these retail franchises prove the point. 


 
  New Zealand's largest garden centre chain, Palmers was established in 1958 and it's still growing.  Rodney Wayne has opportunities with one of NZ's best-known brands for those with a head for business.  Being the visible accountants with friendly service makes all the difference for SBA franchisees.  The Cheesecake Shopoffers high profitability thanks to high transaction values and low staff levels.   
 
 
     
 
 
  Busy week ahead for franchising 

Next week is franchise week in New Zealand. On Monday 6th and Tuesday 7th, there are seminars on Franchise field support visit training and Improving franchise performance from the Franchize Consultants team, who are also running Managing a franchise system the following week. On Wednesday 8th there's a full-day seminar on Handling the media from specialist franchise media trainer Pete Burdon - that's FREE for our readers. Places are still available on all seminars. And Saturday 11th November sees franchising's biggest event of the year with the Gala Dinner for the Westpac New Zealand Franchise Awards. Read more about the Awards here.  
   
 
  From small beginnings 

Talking of awards, the champagne's already flowing at Fastway Couriers. The New Zealand-founded franchise was named International Franchisor of the Year in Australia's Excellence in Franchising Awards. It's the second time the Kiwi company has taken out this prestigious title. Read our full list of Australian award-winners here.  
 
 
 
 
opportunities - BUILDING BOOM 
  
 
 
With the focus firmly on growing and improving New Zealand's housing stock, building and construction is a franchise sector that is truly booming. Here are four of the best - find more here.  


 
  Platinum Homes are seeking franchisees with strong residential building backgrounds.  Looking for a new kitchen led to a new Dream Doors business for this young family.  Wide Span Shedsoffers low start-up costs, excellent cash flow and proven demand.  An experienced building couple found joining Navigation Homes transformed their lives.   
 
 
     
 
 
  Landlords beware  

Major changes under the Residential Tenancies Act mean that all rental properties will soon have to conform to new standards. Chris Lowrey is part of the network of PinkFit® licensees all around the country who are specialists in assessing insulation needs and arranging installation of products suitable for new buildings or retro-fits. For landlords, the message is... Read more
   
 
  What's the point of paying fees? 

If there's one topic guaranteed to create discussion among both franchisees and franchisors, it is franchise fees - both initial and ongoing. How are they calculated? What should they cover? How much should they be? In this popular article from our archives, we explain the purpose of franchise fees and the value franchisees should receive from paying them.  
 
 
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  snippets 

Retail Food Group has taken back control of Gloria Jean's Coffee in New Zealand after the master franchisee was put into liquidation alleging 'numerous discrepancies' in the way the finances of the company had been represented by a previous owner, a company with links to former Auckland mayor John Banks. 

As meat-eating continues to attract media attention over health and environmental concerns, McDonald's is testing out a vegan version of its Quarterpounder in Finland. There are vegan fries, too

Meanwhile, supermarket price promotions and multi-buy offers on junk food are to be restricted and restaurant portion sizes could be capped under controversial plans unveiled in Scotland. Could it happen here? 

Veritas Investments has been fined $55,000 plus costs by the NZ Markets Disciplinary Tribunal for failing to immediately disclose to the market that it had agreed to sell or close its Nosh business as a condition of continued support from its bank. 

A clever tweet from KFC has hit the jackpot with its 1.2 million followers, reinforcing the brand's unique product offering in a witty way. 
 
 
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