A mixed response to questions about New Zealand’s state of business in a recent survey, Franchising Confidence, has revealed challenges across many sectors of the franchising arena, including finance issues and profit pressure.
A net 16 percent of franchisors expect franchisee profitability levels to be better, though service providers are less optimistic: a net seven percent (27 percent in July) expected deterioration in franchisees sales levels, while 41 percent predict deterioration in operating costs. And a net 24 percent expected franchisee profitability levels to deteriorate.
The survey also found thatâ€¦ read on.
Millions of people retire in poverty - but it doesnt have to be this way!
Be a part of the number one growth industry while securing your future with residual income.
Make money building websites for small businesses with our private label website builder
The coffee vending business is your opportunity to cash in on the 30 billion dollar coffee industry.
Amazing opportunity for only $500 in an industry that is prime for sales.