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The Franchise Advice Centre

advice | how to | Running A Franchise Outlet | Financial Matters

During our many years working within New Zealand's franchise sector, we've learnt a great deal about the market - what works, what doesn't work, and what people involved in all aspects of franchising need to think about to succeed.

We encourage you to read as widely as possible about all aspects of franchising in New Zealand, whether you are interested in buying and then running a successful franchised business, or whether you have a business that you have already franchised or are contemplating growing using the franchising model.

If you don't find what you are looking for here in our Advice Centre then call or email us to ask for guidance - our team are ready and waiting to help you find the information you need.

financial matters

DOING THE SUMS ON BUYING A FRANCHISE

October 2010 - How do you evaluate a franchise from a financial point of view? Lorraine Lord follows one man’s journey as he does his sums on a real-life business opportunity

FRANCHISE ACCOUNTANTS GST FOR BEGINNERS

If you’re new to business, GST can be confusing. Here’s a guide from Philip Morrison of Franchise Accountants

GETTING THE RIGHT PRICE

When the time comes to sell your franchise, how do you get the right price for it? Grant Garraway helps you draw up a plan

HOW MUCH COULD I SELL MY FRANCHISE FOR?

May 2012 - I own a franchise and am thinking about selling it. Can you give me any direction on who I could talk to regarding valuing an existing franchise?

KEEPING YOUR BUSINESS SAFE FROM FRAUD - PART ONE

Fraud is very much in the news in franchising right now. Steve Davis looks at common types of fraud which can affect both franchisees and franchisors and suggests ways of preventing them

KEEPING YOUR BUSINESS SAFE FROM FRAUD - PART TWO

In the first article, Steve Davis looked at common types of fraud which can affect both franchisees and franchisors. Here he suggests some controls to help you avoid getting caught out.

MAKING MONEY - HELPING FRANCHISEES INCREASE PROFITS

Every business owner needs to keep an eye on their bottom line. Simon Lord shares some real-life examples of the ways companies are helping franchisees increase profitability

MYOB GETTING A GRIP ON BUSINESS

MYOB helps franchises build bigger profits through better information systems

MYOB MAKING LIFE EASIER

How MYOB’s cloud-based accounting helps franchisors and franchisees

MYOB STAYING ON TOP OF PAYROLL

Payroll management can be complicated and time-consuming. MYOB offers some helpful tips

MYOB WINNING THE BATTLE

MYOB helps franchisees improve profitability and reduce workload

NEW APP TAMES TAX PAIN FOR FRANCHISORS AND FRANCHISEES

A new app enables businesses to shift provisional tax payment dates to suit their cashflow needs

SEVEN INGREDIENTS TO FINANCIAL SUCCESS

Too many businesses decline or fail to perform as well as they could because the owners or managers lack financial skills and the ability to pay attention to the basic indicators that affect performance and profitability. The National Bank has provided this guide which outlines seven management skills to help you get the best out of your business.

SME CASH FLOW HAMPERED BY POOR PAPERWORK

September 2012 - Businesses struggling with cash flow problems are making life more difficult for themselves by poor paperwork practices, says expert

THE BEGINNERS' GUIDE TO UNDERSTANDING THE NUMBERS

Philip Morrison of Franchise Accountants explains what financial reports can tell you about the business you’re buying

TO REGISTER OR DEREGISTER? GST IS THE QUESTION

June 2010 - Craig Weston and Estelle Logan look at some of the issues surrounding changes in the GST regime

VALUING A BUSINESS

Thinking of buying a business? Leith Oliver helps you to calculate what it might be worth to you, and offers some thoughts on franchise fees and goodwill payments.

WESTPAC HOT PROPERTY

Dean Madsen of Westpac provides a guide to using the equity in your property to fund a business

WESTPAC THE CIRCLE OF LIFE

Having the right banking solutions in place for every stage of your business life cycle can make a big difference, says Daniel Cloete of Westpac

WILL IT MAKE MONEY?

Philip Morrison looks at how to calculate whether a franchise is a worthwhile investment

 

Westpac directory of franchising

Looking for a business franchise or commercial franchise in New Zealand? View directory

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