Seminar: Franchising in New Zealand March 2019
Thinking about exporting your franchise system? Visiting New Zealand and hearing first hand from local experienced specialists will assist in your understanding of the potential of the market for your franchise. Use the seminar to do your homework.
You will hear from:
- Stewart Germann, specialist Franchise lawyer with New Zealand and International experience
- Craig Weston, specialist Franchise accountant
- ANZ, specialist banking for franchises
- Robyn Pickerill , Franchise Association of New Zealand
- David McCulloch, Franchise Coach – a complete franchise resource
- Chris Beasleigh, Bayleys property specialist – location location location
- Nick Stevens, Link Business Brokers
- Brad Jacobs, The Coffee Club - a successful Australasian franchise system
Who should attend?
Market InsightNew Zealand is on track for moderate growth over the next few years. The terms of trade are strong and governments spending is stimulatory. It is a great time to be participating in the New Zealand business environment. The hospitality sector for example has a positive vibe with events such as the Americas Cup on the horizon, new developments are creating opportunities all around New Zealand. Lending conditions are favourable with steady interest rates, mortgage rates at a low spot and commercial lending continues to be attractive.
- There are an estimated 631 business format franchisors in New Zealand in 2017
- In the last five years 185 new brands have entered the market.
- The overall turnover of the franchise sector is now estimated at NZD$27.6 billion – equivalent to 11% of New Zealand's GDP. Add in motor vehicle
sales and fuel retail and it comes to NZD$46.1 billion
- The percentage of franchisees involved in disputes has dropped from 4.0% in 2012 to just 1.9% in 2017. From the total number of disputes 495 are handled through mediation.
For Australian companies looking to expand their franchise business, New Zealand represents a real opportunity. It offers one of the most mature markets in the world in regards to the franchise business model and there is currently no specific franchise legislation in New Zealand which allows a more straight forward operational environment.
Austrade-Auckland has had successful experiences supporting Australian companies entering the New Zealand market using the franchise model due to their ready access to franchising support services including accounting, legal and financial institutions.
For more information contact: