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Why Franchising Is A Smart Business Strategy

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 While aspiring entrepreneurs have the drive and vision to launch and grow a business, not all have the resources or networks necessary to make it a success. Franchising can be a tremendous vehicle for business growth, enabling an entrepreneur (the franchisee) to operate a business using the proprietary business model, identity, products, services and expertise of an existing brand (the franchisor) in exchange for a startup fee and ongoing royalty payments. Know more-  https://www.forbes.com/councils/forbesbusinesscouncil/2024/09/06/why-franchising-is-a-smart-business-strategy/

Piccolo Me acquires South Australian Café chain – Bean Bar.

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  South Australian café chain Bean Bar – has been acquired by Piccolo Me (part of the Fabe Group). The El-Hachem family (Harry, Roy and Charlie), along with Group General Manager – David Ciantar, have been conducting due diligence on the Bean Bar company since last year. “The Bean Bar acquisition made sense for us, given that we were looking at establishing a footprint in South Australia”, said Co-founder and director – Charlie El-Hachem. Bean Bar has 5 stores in the Adelaide market – consisting of 4 franchised stores and 1 company owned store. The parent company – Fabe (Food and Beverage Enterprises), owns the Piccolo Me, SolBowl and Go Dark brands – which now adds Bean Bar to its’ stable of brands. Read more-  https://www.businessfranchiseaustralia.com.au/latest-news/piccolo-me-acquires-south-australian-cafe-chain-bean-bar/

What Essential Skills Do You Need To Run A Successful Franchise?

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 Running a successful franchise requires a mix of business sense, people skills, and consistency. Strong leadership helps you motivate staff, follow brand standards, and maintain daily operations smoothly. Good communication is essential for working with employees, customers, and the franchisor. Time management and organisation keep schedules, inventory, and finances under control. Basic financial understanding helps you track costs, manage cash flow, and improve profits. Problem solving skills allow you to handle challenges quickly and calmly. A customer focused mindset ensures quality service and repeat business. Being adaptable and willing to learn also helps franchise owners grow and succeed in a competitive market. Know more-  https://www.franchise2sell.com.au/blogs/franchise/what-essential-skills-do-you-need-to-run-a-successful-franchise

Twenty-one people hospitalised after poisonous gas leak at Melbourne pork factory

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 Twenty-one people have been taken to hospital after a carbon monoxide leak at a pork processing plant in Melbourne's west. Firefighters arrived to find 60 people evacuated and several people suffering carbon monoxide exposure at a factory on Benn Court in Derrimut about 12.45pm today. Crews applied oxygen therapy until paramedics reached the scene. To know more, click here-  https://www.9news.com.au/national/melbourne-derrimut-benn-court-pork-processing-factory-carbon-monoxide-leak/0f0e82d0-7bfc-4a1b-9f4d-4df5e7536b9c

Franchise Marketing Strategies That Work Locally

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 Franchise marketing strategies that work locally focus on connecting with the community while keeping brand identity consistent. Successful franchises often use local social media engagement, community events and partnerships with nearby businesses to build trust and visibility. Tailoring promotions to local preferences, such as highlighting seasonal needs or neighbourhood interests, helps create a stronger connection with customers. Smart location based advertising, clear signage and positive customer experiences also play key roles in attracting repeat visitors. Many franchises encourage local reviews and referrals since word of mouth remains powerful in community settings. By combining brand guidelines with an understanding of local habits and expectations, franchises can maintain consistency while creating meaningful local impact that supports long term growth. Know more-  https://www.franchise2sell.com.au/blogs/franchise/franchise-marketing-strategies-that-work-locally

Is Buying a Franchise Wise?

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 Many people think that buying a franchise is a sure way to become a successful business owner. But like any business decision, there are pros and cons. While the start-up process of buying and opening a franchise is often quicker than starting from scratch, the initial costs can be steep, and the options for creative input are limited. Anyone considering becoming a franchisee needs to weigh the costs, benefits, drawbacks, and potential for profit before committing. Know more-  https://www.investopedia.com/articles/pf/07/franchises.asp

Low-Cost Franchises: Four Types Of Businesses To Consider Buying

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 Franchises as a whole are faring better right now than independent businesses, and many are thriving. When people think about the possibility of owning a franchise, they often envision multi-million dollar investments, like purchasing a McDonald’s, but that isn’t the norm. Many people who get into franchise ownership might not need as much liquid capital to invest as they’d expect.  A franchise doesn’t have to cost millions to be profitable and create wealth. Many franchise opportunities require a total capital investment as low as $50,000. Several variables impact how much a franchise costs. Know more-  https://www.forbes.com/councils/forbesbusinesscouncil/2021/09/21/low-cost-franchises-four-types-of-businesses-to-consider-buying/