Why Does Franchise Friction Seem Inevitable?

Why Does Franchise Friction Seem Inevitable?

Is Franchise Friction Inevitable? Friction is rife in the $146 billion Australian franchise industry that is littered with controversy. The Franchise Council of Australia claims there are some 79,000 franchises employing nearly half a million people. High profile news...
The difference between a great idea and new knowledge.

The difference between a great idea and new knowledge.

A great idea or new knowledge? There are so many great ideas about and yet many will never become commercial businesses. A great sounding idea may be novel but is it actually “new knowledge”? “New knowledge” can only be proven through objective, repeatable experiments...
Change Management and Communication Begins with the CEO

Change Management and Communication Begins with the CEO

In many SME businesses we regularly witness a change management culture that is toxic towards the CEO/business owner. The ramifications for the organisation can be the difference between success and failure of your business, particularly when you need a big staff...
Get a Lean Cashflow Mindset

Get a Lean Cashflow Mindset

Get a lean cash flow mindset and save yourself a lot of stress. Mention cash flow to business owners or entrepreneurs and their eyes glaze over -boring! However, once they experience a cash “crunch” then suddenly, their eyes become wide open. Ignoring cash flow is...
Retail Franchise Industry faces challenging times

Retail Franchise Industry faces challenging times

The retail franchise industry is facing challenges, including economic volatility, heightened international competition and legislative challenges. Because of recent high profile cases behaving badly there is greater focus on the retail franchising business model...
What has gone wrong with SME banking relationships in Australia?

What has gone wrong with SME banking relationships in Australia?

The Banking Royal Commission has recently started taking submissions from Australian SME business owners and the tales of horror are very real for many families caught up in the grip of our major banks acting badly. The way our family business owners are treated by...