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 that… read on.