In The News

Tips for working from home

12th March 2020

13 March 2020 – As health concerns mean more people choose or are required to work from home, Greg Nathan of the Franchise Relationships Institute offers some advice to help you stay connected

Westpac has updated the forecasts in its latest Quarterly Economic Overview as the impact of Coronavirus grows around the world. It says the New Zealand Government is in a good position to weather this storm and that any disruption should be temporary. Read the update here.

"It is important to remember, though, that this is a temporary disruption to economic activity, not a new long-run trajectory for the economy. We anticipate a period of above-normal GDP growth after the worst of the virus-related disruptions have passed, as the economy returns to a normal level of economic activity, catch-up production to restore depleted inventories occurs, and even-lower interest rates stimulate asset prices. We are currently assuming that the recovery phase will begin in the second half of this year, although we will update that timing as we learn more about how the virus is playing out."

Read more at https://www.westpac.co.nz/a...

March 2020 – The US Commercial Service is inviting NZ franchisors and investors to the International Franchise Expo in October

6 March 2020 - Helpful hints from Franchise Accountants for  the Financial Year End

Franchise Conference postponed

25th February 2020

19 March - The 2020 National Franchise Conference has been postponed

25 February 2020 – Night ‘n Day runs Free Coffee February to keep single-use cups from New Zealand’s bins

19 February 2020 – The latest Quarterly Economic Overview from Westpac suggests that the Coronavirus outbreak has the potential to throw the New Zealand economy off its stride

Super Liquor has again taken a hard line on a franchisee found guilty of exploiting staff by terminating the agreements of a multi-unit operator with 15 South Island bottle stores.

Super Liquor Holdings chief executive Campbell McMahon said the Labour Inspectorate's most recent investigation into Nekita Enterprises had identified employment breaches "across multiple stores, over a number of years, affecting a number of staff".

The investigation found that Nekita Enterprises:

  • Failed to pay staff the minimum wage.
  • Required employees to "pay a premium" by paying the correct hourly rate and then forcing them to pay it back.
  • Kept inaccurate wages and time and leave records.

As a result, SuperLiquor said the company had "materially" breached the terms of its franchise agreements, resulting in their termination, effective immediately. "There is no place in the Super Liquor franchise community for this kind of behaviour and we are on public record as having declared zero tolerance for fundamental breaches of employment law," Mr McMahon said.

Read report

DB calls for liquor store owners who exploit staff to lose licences

 

Read more at https://www.stuff.co.nz/bus...

SME Help Day - Christchurch

3rd February 2020

February 2020 – A free day of seminars from Westpac will help Canterbury businesses grow

With so many holidays at the start of the year, and the Labour Inspectorate targeting non-compliant franchisees, it's important that franchisees ensure they are calculating employees' holiday pay correctly. Here's a handy guide from Employment New Zealand.

Read more at https://www.employment.govt...

February 2020 – Kitchen renovation franchise Dream Doors is gearing up to change the world

Food and franchising go together like fish and chips, but the market’s changing faster than ever. Simon Lord looks at some of the latest trends that you should consider if you’re thinking of buying a franchise

January 2020 – A half-day seminar next month is aimed at helping franchisors resolve relationship issues

January 2020 – Two workshops being held in Auckland in February will help New Zealand franchisors and their leadership teams engage better with their franchisees and build stronger networks. Additional workshops deal with recruitment, underperformance and resales

Ready for a change? Is it time to get into a business of your own? Is a franchise a good option? What do you need to do first?

30 March 2020 - Owing to the Covid-19 lockdown, the 2020 Survey of Franchising has been suspended until further notice

Four training programmes being held in May/June/July 2024 are designed to address the needs of the owners and managers of franchise systems, field managers and support office staff

Time to quit your job?

8th December 2019

Here are 9 good reasons to start your own business – and 5 good reasons not to

Auckland courier driver and business owner Kwong Lui has reached a major milestone. The 61 year old moved his 2 millionth parcel, 20 years after moving from Hong Kong to New Zealand.

23 November 2019 – The Companies Office has launched a new resource for owners of growing small businesses to help them navigate the move into business director responsibilities

Economy showing signs of spring

19th November 2019

20 November 2019 - Having endured the chill winds of a slowdown, Westpac’s economists say signs of spring are emerging. Data suggests we are past the worst of it

19 November 2019 – McDonald’s has agreed to backdate miscalculated holiday pay for 10 years under an agreement with the Labour Inspectorate. It’s just one of many organisations, including the Police, that have been confused by complex legislation

9 November 2019 ­– Getting it right first time is what franchising is all about - and Pukeko Rental Managers did exactly that with a stunning new entrant win as Supreme Franchise System of the Year. The Coffee Club’s Sarith Thong repeated the feat as the new Supreme Franchisee of the Year

Franchise banker honoured

9th November 2019

9 November 2019 – Daniel Cloete of Westpac has been awarded Life Membership of the Franchise Association in a ceremony at the 25th annual New Zealand Franchise Awards

5 November 2019 - Franchising contributes 2.7% to the economies of the 47 member countries of the World Franchise Council (WFC), as announced at its summit, held over five days in Abu Dhabi

25 October 2019 – San Churro enjoyed the sweet taste of victory in this year’s Australian franchise awards

25 October 2019 – New Zealand gains first Certified Franchise Executive under international programme

24 October 2019 – Things will look worse before they look better, says an economist, but the latest survey suggests franchisors are not yet convinced

22 October 2019 – An Employment Court ruling which has seen two former franchisees fined for serious employment law breaches has been applauded by the franchisor, which says it has no tolerance for abuse of legal obligations

17 October 2019 – Could your business go national or even international? Find out more about franchising and licensing at these free seminars

11 October 2019 – Who will win the 2019 Westpac New Zealand Franchise Awards?

8 October 2019 – A ranking of global franchises shows which brands are performing most strongly and identifies sectors to watch

4 October 2019 – Taco Bell will open its very first New Zealand restaurant in West Auckland

2 October 2019 – The Commerce Commission has warned Hell Pizza that its advertising of the “Burger Pizza” was, in the Commission’s view, likely to have breached the Fair Trading Act 1986.

Exporting Kiwi Know-How

30th September 2019

Mina Phillips and Simon Lord look at how two New Zealand franchises are expanding overseas.

26 September 2019 – Andrew Skinner and Khushbu Sundarji of Stewart Germann Law Office discuss the potential impact on franchising of proposed changes to the Fair Trading Act

24 September 2019 – Proposed changes to the Fair Trading Act would extend current consumer protections against unfair contract terms to apply to business contracts with a value below $250,000

More on product stewardship

20th September 2019

20 September 2019 - Our recent article about the possible impact of new rubbish regulation on food and retail franchises mentioned the concept of product stewardship. Here's a plain English guide to how it works from wasteMINZ, the Waste Management Institute of New Zealand.

Read more at https://www.wasteminz.org.n...

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