Australian small business’ growing demand for comprehensive data protection and cyber security has created a competitive specialist marketplace that has until recently, gone untouched by the franchise sector.
Spending was up across all industry sectors by one per cent in July, driving annual spending growth to a four-year high of 10.4 per cent, according to Commonwealth Bank’s latest Business Sales Indicator report.
Brisbane-based fitness franchise Fitstop Australia has unveiled plans to open twenty new locations across the Brisbane metropolitan area in the coming months, in addition to interstate expansion.
FASTSIGNS International Inc.’s plans for expansion throughout New Zealand have been bolstered by an announcement that the company’s CEO, Catherin Monson will feature as keynote speaker at the Franchise Association of New Zealand’s 2018 National Franchise Conference.
Quest Apartment Hotels will unveil five new hotels over the next seven months within the Melbourne metro area, reflecting unprecedented growth for the franchise chain.
Franchising has an image problem. In our current culture, where we’ve reached peak entrepreneurship obsession, when it comes to channels for business growth, we’re far more likely to hear about IPOs, venture capital, crowdfunding, mergers and acquisitions, or licensing. Franchising? Decidedly less so.