New Zealand's Best Source of Franchising Information Since 1992

Linkedin Twitter Googleplus Facebook
for
sale
advisors
accountants consultants finance providers lawyers advisor profiles
how
to

In The News Rss-icon

Entries open for 2019 Westpac New Zealand Franchise Awards

posted on 6th May 2019

May 2019 - Franchisors, franchisees and master franchisees are encouraged to enter the 25th Westpac New Zealand Franchise Awards

Read more

Franchise prospects looking up as CGT canned

posted on 28th April 2019

April 2019 - The news that the Government has shelved plans for a Capital Gains Tax for the foreseeable future has been welcomed by many in the franchise sector.

Read more

MBIE reminder on personal liability for employment law breaches

posted on 28th April 2019

 

29 April 2019 – The Labour Inspectorate has reminded individuals, including business directors, senior managers and legal or business advisors, that they can be held personally responsible even if they are unofficially connected to a business that breaches minimum employment standards.

Read more

Business still nervous despite balanced economy

posted on 11th April 2019

11 April 2019 – The franchise sector remains nervous about the current business outlook, though more positive than general business

Read more

Calls for social media responsibility gain traction

posted on 1st April 2019

April 2019 - Franchises are facing an interesting decision over social media advertising as New Zealand seeks to apply pressure on companies such as Facebook by withdrawing advertising pending the development of better content controls following the Christchurch shootings. The latest move sees the UK Superannuation Fund calling on more Government funds worldwide to join the campaign.

How should franchisors respond, especially if the movement starts to attract followers at customer level? Social media advertising can be a vital part of many promotions and it's a tough call for franchisees effectively to be penalised by the suspension of campaigns, even for the best of reasons. However, it's a discussion many will have to have if the social media giants refuse to engage and respond to calls for better safeguards.

Here at Franchise New Zealand, we have suspended our own paid advertising on Facebook. We are not big advertisers on Facebook and recognise that this will have very little effect upon that company, nor will it affect our own advertisers, but we support the campaign. We continue to post free information about franchising in New Zealand on our website and social media pages for the benefit of our readers, and are continuing with Google advertising. We will continue to review our position as the campaign progresses.

Another 18 institutional investors, including a huge British pension fund, have joined a Kiwi-led push to pressure social media companies to strengthen content controls in the wake of the Christchurch shootings. 

The NZ Superannuation Fund said 23 investors with assets of more than $800 billion now hoped to convince Facebook, Google and Twitter to take extra steps to prevent the live streaming and distribution of objectionable content "such as the shootings that took place in Christchurch".

Three British pension funds have signed up; the Church of England Pensions Board, Britain's Local Authority Pension Fund Forum (LAPFF) and Merseyside Pension Fund.

But more could be added as soon as NZ Super fund chief executive Matt Whineray jets to London later this week to the 2019 Global West Government Funds Roundtable to call on more government funds to join the push.

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

2019 Conference - Together Towards Tomorrow

posted on 27th March 2019

Together Towards Tomorrow is the theme of this year’s National Franchise Conference, and it’s attracted a great line-up of speakers. The deadline for Earlybird bookings has just been extended to 8 April.

Read more

How would capital gains tax affect the franchise sector?

posted on 21st March 2019

25 February 2019 ­– With a proposed capital gains tax the major talking point at the moment, Philip Morrison of Franchise Accountants looks at possible implications for franchisors and franchisees

Read more

Practical workshop: Franchise Financial Essentials

posted on 18th March 2019

5 March 2019 - An insightful and accessible two-day financial workout in Auckland next month is aimed at franchisees, franchisors and field managers

Read more

Education - who trains the trainers?

posted on 18th March 2019

March 2019 - If franchisors want to help franchisees build better businesses, they need to invest in themselves

Read more

Report recommends more changes for Australian franchising

posted on 18th March 2019

16 March 2019 ­– The final report from Australia’s Parliamentary Inquiry into the franchise sector there makes sweeping recommendations but the time-frame for any changes is uncertain. Jason Gehrke summarises the report; additional reporting from New Zealand by Simon Lord

Read more

Migrant workers allegedly exploited by Bottle-O franchisee

posted on 6th March 2019

The Migrant Workers Association has gone to RNZ with claims that a franchisee of the Australian Bottle-O chain has underpaid workers in his Auckland and South Island stores. The Labour Inspectorate is investigating, having previously issued an Enforceable Undertaking to the owner for failings in employment agreements, record keeping, and provision of holiday and leave entitlements.


Franchisors take such failings very seriously, as they are a breach of franchise agreements which require franchisees to comply with New Zealand employment law obligations. In many cases, the franchisor terminates the franchise agreement, leaving the franchisee with no business as in this case.


The Franchise Association has been working pro-actively with the Labour Inspectorate and specialists in the employment area to help franchisors make franchisees better aware of their obligations.

Three migrant workers claim Bottle-O franchise owner Ravinder Arora has underpaid them by tens of thousands of dollars, and even asked them to repay him money, the Migrant Workers Association says. 

The association said in one case a worker at the stores based in Auckland and the South Island worked 84 hours in a week but was only paid for 32 hours, meaning their actual pay was only $7 an hour, half the legal minimum wage of the time. 

In another case Mr Arora paid the workers correctly and according to their pay slips, but would then demand the employees refund him thousands of dollars in cash, again leaving their pay packet light and below the minimum wage. 

The Labour Inspectorate has confirmed it is "currently progressing proactive investigations in Mr Arora's Nikhil Himalaya Companies".

RNZ has made repeated attempts to contact  Ravinder Arora  - he hung up on our producer after telling her to contact his lawyer, but refused to provide details for them.

Employees at two of his Auckland businesses today said he was not on site, but that they were paid fairly and above the minimum wage.

Read more at https://www.radionz.co.nz/n...

Burger King NZ up for sale

posted on 3rd March 2019

The whole of the Burger King New Zealand franchise is up for sale, following a decision by American private equity firm Blackstone to sell the company. Blackstone paid close to $108m in 2011 for the franchise, which makes an estimated $20 million per year according to the Australian Financial Review. The company does not sub-franchise, with 83 of the 85 Burger King restaurants in New Zealand being operated by the Blackstone-owned Antares Restaurant Group.


Blackstone was rumoured to be receiving offers for Burger King in 2016, but held on to the business at that time.

A spokesperson for Craigs Investment Partners confirmed it has been mandated to sell the business on behalf of Blackstone. Deutsche Craigs has been hired to run an auction for the fast food business.

The last few years have been turbulent for Burger King, which has faced scrutiny for its treatment of staff and questionable working conditions.

Read more at https://www.nzherald.co.nz/...

No critical safety risks found at Dunedin Pizza Hut

posted on 27th February 2019

A Dunedin Pizza Hut franchise which was under fire after allegations by former workers has been found to have no critical food safety risks after an investigation by the Ministry of Primary Industries. The franchisee has denied the claims, which were backed up by photographs allegedly taken in his stores. Restaurant Brands, which is the master franchisor for Pizza Hut in New Zealand, said, 'Our Quality Assurance team is continuing to work with the franchise team and MPI on any follow up.' NZ-listed Restaurant Brands is currently the subject of an $881 million bid from Mexican company Finaccess Capital.

Hayley Bevin, 26, quit her job of seven years at Pizza Hut in Dunedin about three weeks ago after what she describes as a series of ''disgusting'' actions by the franchise owner.

Dunedin has two Pizza Hut stores, one in Hillside Rd, South Dunedin, and another in Great King St, North Dunedin.

Naveen Malhotra took over the two franchises of the chain about three months ago, and the hygiene and staff treatment ''kept getting worse'' after that, Bevin said.

He extended best-before dates on food, including chicken and seafood, she said.

The workers were told to use ''disgusting, crusty'' expired dough.

He also refused to fix a mixer which was leaking oil into dough, she said.

The last straw came when expired brownies which she had thrown in the skip were put back in rotation, she said. ''I came back on Monday and they were in the chiller. I knew it was the same packet, because I took a photo of it before I left.''

Restaurant Brands said it was aware of the issues and was working through them as a ''matter of urgency'', and the Ministry for Primary Industries is investigating.

The franchise owner has denied the claims.

Read more at https://www.odt.co.nz/news...

How couple with no experience built a world-class business

posted on 24th February 2019

February 2019 - From learner to leader: we look at how franchising can help someone with no experience in an industry develop a world-class business

Read more

Economy is 'extraordinarily ordinary', says Westpac

posted on 19th February 2019

20 February 2019 – The latest Westpac Economic Overview, published today, says that the economy is unusually average at the moment. Where will it go from here?

Read more

Business as usual after fire guts franchisees' building

posted on 1st February 2019

1 February 2019 – Sometimes, it’s the unexpected things that pay off when you buy a franchise

Read more

Franchising starts 2019 with hint of optimism

posted on 31st January 2019

1 February 2019 – Business confidence seems to be creeping back after several quarters of pessimism, and franchising is no exception. The latest Franchising Confidence Index shows improvement in sentiment over the previous quarter towards general business conditions, access to suitable franchisees, operating costs per franchisee and franchisor growth prospects. There are still challenges, but opportunities too.

Read more

Employment law changes - does your franchise comply?

posted on 28th January 2019

January 2019 - The Employment Relations Amendment Act 2018 introduced a number of employment law changes that aim to improve fairness in the workplace and deliver decent work conditions and fair wages. The first changes came into effect in December 2018; the remainder will become effective in May 2019. Is your franchise prepared?

Read more

Coffee franchise named best for service

posted on 14th January 2019

January 2019 ­– The Coffee Club has scooped gold in the Reader’s Digest quality service awards

Read more

Work to live - don’t live to work

posted on 2nd January 2019

As the weather improves at last, some people are already having to return to work. Would owning your own business give you more of what you desire? Here's an article from December 2012 about how to get the five F-words that most people actually want in their lives: Family, Flexibility, Fun, Freedom and Finance.

Read more

Rss-icon Get the latest franchising news in your browser or syndication programme
You can subscribe to our news feed using RSS. Need to know more? Read up on RSS at www.whatisrss.com

 

Free

2801_fnz_cover_600

Send for your free copy of our printed magazine, New Zealand's most respected,
comprehensive
guide.


PUTTING PEOPLE in BUSINESS