NZ Franchise News - Jan 2024

Welcome to our first issue of 2024. There’s lots going on already – new opportunities, new government, new jobs and a big change at Franchise New Zealand. Read on to find out more.

In this newsletter:?new year? new start – how to achieve your destiny – business confidence on the rise – opportunities: join a proven winner – adaptability increases opportunity – Franchise New Zealand changes hands – next issue – pioneering master franchise for sale –?survey of franchising starts soon – new ideas and opportunities in home & building – news snippets – job spot: editor wanted?– 2024 dates for your diary

New Year? New Start!

Heading back to work? The start of a new year is always a good time to examine your life and decide what direction you want to go in next. That’s why people make New Year’s resolutions – but while going to the gym every day or giving up pies might only last a month or so, buying a business is a long-term decision that will change your life. So what do you need to do first – and is a franchise a good option? Here are some tips.

Recent reports suggest that business confidence is on the rise again following the formation of the coalition Government late last year. A?Radio New Zealand report?said that ANZ's December monthly survey showed a net 33 percent of respondents expected the overall economy to improve over the next 12 months, the highest since March 2015. A net 29 percent said their own business outlook was positive, a two-year high.

How can buying a franchise change your life and help you achieve your goals? Those are the questions we answer in the latest 100-page issue of Franchise New Zealand magazine. We discuss why franchising is a real alternative to employment for both companies and individuals; suggest useful questions to ask franchisees, and explain how to reduce risk by getting the right advice. There are also interviews and profiles of franchises and franchisees. If you haven’t already got your copy, send for a free print copy here or download the digital version here.

opportunities – JOIN A PROVEN WINNER!

If you’re looking for a great opportunity to make the most of the new year, how about these great names? They were all winners in the 2023 Westpac New Zealand Franchise Awards, and they’re all looking for new franchisees in various parts of New Zealand.

New Supreme Franchise System of the Year, Jani-King is changing lives one business at a time. Why did they win? Because they care about their franchisees, staff, clients and the environment.

Read about a young couple who turned their dreams into reality when they left the supermarket sector to open their own 156-seat café with The Coffee Club. Could you do it too?

Rodney Wayne’s legacy of cutting-edge hairstyling has created a thriving network of franchisees who operate both salons and retail outlets –– two revenue streams in one franchise.

Looking for a simple business with low risk and a high profit margin? CrestClean commercial cleaning ticks every box and enables you to get your work-life balance right.

Exceed franchisees benefit from over 30 years of tried and trusted systems to deliver window and door maintenance services to homes throughout New Zealand.

Are you a certified plumber? Ready to be your own boss? Start your journey with a Laser Group franchise – a market-leading turn-key solution designed for people just like you.

A Paramount Services franchise is a safe and affordable way to own your own business. Start with contracts supplied to you, then focus on growing your own business while Paramount handle the admin.

Market conditions and customer demand are constantly changing, which presents both opportunities and challenges. Another new Award-winner, legal firm Wynn Williams, explain why franchisors and franchisees must remain open to evolving their businesses to remain sustainable, and suggest options to consider. Read more.

Franchise New Zealand changes hands

Franchise New Zealand media has joined forces with Eden Exchange to take its media into a new era. ‘Eden Exchange is already heavily involved in the franchise sector in Australia, and is a great fit with our existing business,’ says Simon Lord, the founder of Franchise New Zealand.

‘Franchise New Zealand has always focused on promoting franchising, explaining the advantages and disadvantages of the franchise model, and educating potential buyers about what is available and what to look for. Eden Exchange continues that process at the next level, bringing together franchise buyers, re-sellers, franchisors and brokers in a way that streamlines the process for all concerned without taking away that all-important human element. We’re looking forward to learning from each other and enhancing our services under the new ownership.’

The Eden Exchange team will be attending the next Franchise Association After-Four in Auckland on 21 February, and look forward to meeting lots of franchise people during that week. Read more here.

And it’s business as usual for our team – the next issue of Franchise New Zealand is published on 28 March. In addition to our usual mix of advice and info, we’ll be looking at: Back to work; Starting up made easy; and Embracing sustainability. If you want your franchise or service to be included for the April-June quarter, contact us now.

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News snippets from the franchise world

Mitre 10 is changing the names of some bathroom products because they are culturally insensitive. The imported 'Legacy' brand was using te reo Māori lake and river names for items such as toilet seats, toilet roll holders, robe hooks, grab rails and towel rails. The names, apparently used for five years, have now been covered with stickers using English language versions until current stock is sold.

The new coalition Government has changed the rules around 90-day trial periods for new employees, which may make life easier for franchisors and franchisees. Although the employment situation has eased slightly, enabling many hospitality outlets to open longer hours again, the complexities of recruitment have continued to impact small business without HR departments at a disproportionate level.

McDonald’s new beverage offshoot, CosMc’s, has reportedly exceeded expectations at its Illinois test store, attracting such large numbers that a police presence was required at times. The company’s data suggests CosMc’s saw more than double the number of visits than a typical McDonald’s recorded nationwide in December (despite not opening until 7 December). It also generated over triple the number of visits per square foot; the brand is roughly 2,500 square feet smaller than traditional stores.

Domino’s Pizza Enterprises Ltd (Domino’s) has announced the promotion of the Company’s NSW Market Manager to lead the franchise in New Zealand. Ross Kruger, an accomplished leader with more than 18 years’ experience in the Domino’s business, will take on the role of New Zealand General Manager.

After seven years of pioneering plant-based fast food in New Zealand, Bruce and Baksho Craig have announced they are selling the master franchise for Lord of the Fries. The couple opened their first outlet of the cult Australian brand in Auckland in 2016. There are now seven stores in main centres throughout New Zealand. Read more.

opportunities – Home & Building

At a time when profit margins, supply and sustainability are all topics of concern in the home and building sector, some bright new ideas and services are creating valuable business opportunities for the right people.

SmartGrass creates the perfect lawn – and the perfect business – 365 days of the year. That’s why they’re getting more requests for help than ever, and need franchisees nationwide to meet demand.

With the housing market turning, A Buyer’s Choice Home Inspections is predicting boom times. The low entry cost, high return franchise appeals to men and women from all walks of life.

Biform Solid Composite Decking is a blend of recycled plastic and wood waste that is an eco-friendly alternative to traditional hardwood. Franchise opportunities available around the country.

In the hire industry, your assets are making money for you when someone else is using them. In the case of Mizin portable cabins, they generate income 24 hours a day, 7 days a week.

Get in on the ground-floor of an exciting new business opportunity with Voideck. The patented fall-protection system provides improved access and safety with increased efficiencies.

Job Spot – Editor wanted

Interested in franchising? Of course you are, or you wouldn’t be reading this newsletter. Franchise New Zealand has an opportunity for an editor to take a respected and award-winning publisher into a new era. Working remotely with a hugely-experienced team, you will be responsible for managing and producing content and other output to engage with business buyers and some of the country’s best-known brands, to tell their stories, educate and inform.?It's a part-time role, and can be mostly home-based. See the advert.

Dates for your diary in 2024

The Survey of Franchising, which provides a regular snapshot of the franchise sector, is taking place again in 2024. Franchisors can expect a call from the research team during February to confirm their contact details ahead of the Survey’s launch in the Autumn. Once again, the Survey is being conducted by Massey University, and total confidentiality is assured. All data is aggregated, and no names of individuals or companies are used, ensuring commercial sensitivity is respected. Read more.

21 February??????????????? Auckland???????? FANZ Twilight Session

27 March???????????????????? Auckland????????FANZ Twilight Session

19 April?????????????????????? National??????????Franchise Awards registrations open

8 May????????????????????????? Auckland????????FANZ Twilight Session

14 June?????????????????????? National??????????Franchise Awards registrations close

5 July????????????????????????? National??????????Franchise Awards submissions close

28-30 July?????????????????? Tauranga???????? National Franchise Conference

9 November??????????????? Auckland????????Westpac New Zealand Franchise Awards

See our regularly-updated event list here.

More

For more information on franchising and franchise opportunities, visit New Zealand’s top source of franchise information at www.franchise.co.nz or see the latest issue of Franchise New Zealand magazine.

If you’re looking to reach franchisors and franchise buyers, advertise in the forthcoming issue of our print and digital magazine – published 8 December 2023. Call 0800 FRANCHISE (372 624) or click here.