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WNA Blog Home » Business Mentoring Articles

Should I Set Up a Master Franchise Structure Within Australia?

June 27, 2014 | Simone Pentis

Seting up Franschine Structure

In Australia we tend to see more overseas master franchisors who have granted a master franchise for the whole of Australia, as opposed to Australian based master franchisors who break up Australia into various territories (often, but not always based on State boundaries) that are then given to various master franchisees to operate the franchise […]



Is it Time to Ditch the Business Plan?

May 30, 2014 | David Solomon

Ring your insurance broker TODAY and make sure that your business insurance policy does include Tax Audit protection.

I’ve long been an advocate for very thorough planning – especially contingency planning. I think it stems from my time in the army (a long time ago) where I learnt that “Prior Preparation and Planning Prevents Poor Performance”. Being much more optimistic than pessimistic, I have since made that into “Prior Preparation and Planning Promotes Positive […]



Prepping to Sell Your Franchisee Business

May 7, 2014 | Simone Pentis

Get you staff excited about training. Here's 3 ways to make your training sessions more engaging.

Just because you own your own franchise business, does not mean you can deal with it or sell it to another as you see fit. Franchisees will generally be restricted under the terms of their franchise agreement in respect to when, how and who they can sell their franchise business and/or any right in respect […]



How to Create a Soul Goal for You and Your Business

April 23, 2014 | David Solomon

Business success - here's how to discover the soul goals that are housed in your heart.

Human beings are strange creatures. As soon as we set a goal, the average human being will automatically start comparing where we are at now in contrast to how we perceive we should be travelling towards the goal. Whilst this can be very motivating for some, for others it can have the exact opposite effect […]



Are You Ready to Start Building Your Franchisor Foundations?

April 9, 2014 | Simone Pentis

Don't hit the start button on your Franhcise operation until you do your homework.

Before you go to print on your new ‘flash’ advertising that you are now offering franchises or sign on your first franchisee, you should have commenced laying down your franchisor foundations. What makes up your foundations may not be a simple matter and I strongly recommend getting a lawyer and an accountant, with substantial franchising […]



Why You (and Your Business) need a Soul Goal

March 27, 2014 | David Solomon

Money isn't always the end game in business - be wary of the trap of pursuing someone else’s goals.

So much has already been written about goals and planning, do we really need yet another tool / approach? Well yes, because most of them miss the most important element! The goals that really count are the goals from your soul. JV Crum, author of The Conscious Millionaire wrote: “By paying attention to what is […]



Options – When Franchising May Not Be The Right Way To Go

March 5, 2014 | Simone Pentis

There are many options available for those businesses considering the franchising path.

For those who franchising is not the right way to go, don’t despair, you still have numerous options and opportunities to grow your business yourself and/or with other parties.  This may include granting another party the right to franchise the business themselves (where you may have no involvement or retain a certain percentage ownership). In […]



9 Reasons Why You Shouldn’t Start a Business

November 8, 2013 | David Solomon

Check out if you have the ticker to start your own business.

There are lots of people who will give you many reasons why starting a business is an incredibly worthwhile exercise, and I’m one of them. But I think we also need to be pragmatic – starting a business isn’t for everyone. The reasons why NOT to start a business are equally as plentiful. Here are just […]



Building a ‘Higher Purpose’ Business

September 9, 2013 | David Solomon

Business success - here's how to discover the soul goals that are housed in your heart.

Do you recall when and why you got bitten by the entrepreneurial bug? Perhaps it came from a need to make money – a pretty good reason – but it might also have been from a need for family flexibility, turning a passionate hobby into more, not having a boss or funding a social cause. […]



Are You a Confident Decision Maker?

November 30, 2011 | Robyn Henderson

With a million decisions coming across your desk everyday, it's no wonder you get stressed.

Every day we are faced with dozens even hundreds of decisions from the moment we wake up until the moment we fall asleep after a long day. And for some people, decision making can be stressful, confusing and a potential sabotaging tactic for their business success.