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Assessing the merits of whether to franchise
Franchising has been hailed as the way of the future for business but Rod Young, Executive Director of DC Strategy, says not all roads lead to franchising and businesses need to weigh up many issues in deciding whether to head down the franchising path.

Bullet proof franchising
A blue print for franchising in increasingly uncertain times. As 2005 approaches it is well worth benchmarking your business plans and formulating your strategy for what may be needed to survive the next 5 years. DC Strategy’s Rod Young looks at ways to blue print your system in increasingly uncertain times. The first 5 years of the 21st Century are about as good as it gets for the broader business community and franchising in particular. Since the 2000 Olympics and the release of the first Lord of the Rings film, the Australian and New Zealand markets have been discovered by the world and have enjoyed economic boom times with low interest rates, record low unemployment and a thriving and fast growing franchising sector.

Buying a Franchise: how to choose the right franchise
The Franchising World asked Rod Young, one of the world’s leading franchise consultants for his advice on buying a franchise. His advice has guided many franchise networks in establishing successful franchise ventures across the globe. Buying and operating a franchise is an exciting and adventurous process. For most people, buying a franchise will be the most significant investment they make in their lifetime, akin with buying their first home. Imagine buying a house without looking in every room, getting a surveyors report or researching the value of similar houses in the area. At least the same level of due diligence should be undertaken when buying a business, even if it is part of a successful franchise network.

Franchise Conferences - The Learning and Networking Bonanza
One of the key features of the most successful franchise networks is the quality of their national, and now more often, international franchise conferences and conventions. These events are planned in meticulous detail, with a focused theme to drive home to delegates the key points that the franchise management want to convey. They are often used as a launching place for the next year's marketing strategy and coupled with training programs designed to permeate the current best practice into the network via the conference delegation.
Franchising Begins to Bite in India
Western style franchising is starting to have a major impact on the Indian business scene. Rod Young, Executive Director of DC Strategy and the Program Director of Franchise India 2009, explains why franchising in India is growing rapidly and Aussie firms are positioning themselves to grow.
Franchising Trends in Retailing
The ARA Retailer asked Rod Young, Executive Director of leading franchise consultants DC Strategy to provide his perspective on franchising in the retail sector as the global economic cycle starts to impact consumers. He is upbeat about the opportunities. Retail franchising is going through a metamorphosis. Retailers riding on the back of rising employment and the weight of retail spending that came with it offering a mere "me-too" experience are either already shutting down or will do so in the year ahead. Consumers today, who may have been less discriminating over the last five years are returning to a more considered purchase decision making process.

Is franchisee enquiry dropping?
Some anecdotal evidence has suggested franchisee enquiries have declined within the Australian market over the past year. Closer inspection reveals a more educated and discerning franchise buyer, and a need to refine recruitment processes and strategies.
Multi-brand strategies - pitfalls and pluses
As franchising grows in Australia so does the number of franchisors that operate more than the one brand. Rod Young from DC Strategy discusses the multiple-brand strategy. They may be disparate brands, not related to each other except they occupy retail shopping centre space. For example, the Pets Paradise, Warner Bros. Studios (all company owned) and Billy Baxter’s Coffee Shops are all controlled by the one group. Alternatively, and more commonly, multiple brands in related industries such as the Donut King and BB’s Café brands owned by Retail Food Group, the Muffin Break and Jamaica Blue brands owed by Foodco Group, and the Drytron and Bizzi Beez brands owned by Fibrecare Group, are long established multi-branded networks.

Should Your Business Consider Franchising?
If you are serious about building a substantial business you should benchmark your progress against global industry peers not just your local competition. You will soon find that franchising offers the opportunity to build truly national and global businesses on a scale that your non-franchised competition just cannot match. Many of the worlds most successful companies such as Coca Cola, Shell, Toyota, BP, Ford, Pepsi, General Motors and of course KFC and McDonald's have built domestic and global brands using franchising as a management and marketing tool far outstripping the enterprise value of their non-franchised counterparts. A franchise network spanning national (and potentially international) markets offers better diversification and insulation from localised economic or competitive forces and early access to high-growth markets.
Tasmania the new frontier
As franchising evolves, Enterprise asked Rod Young to comment on its future in Tasmania. 1. How will trends In franchising Impact Tasmania? As the world economy continues to grow the commodities that are becoming more...

The 10 Key Features of Best Practice Franchisors
In many markets across the globe, both domestic and international franchises compete for market share. But what makes the market leader or that emerging franchise system so much better than their competitors. Rod Young, Executive Director of DC Strategy, highlights what sets them apart. In developing national and international franchise systems, the DC Strategy team found that the features of many businesses which stood out for their growth trajectory and market share had common elements that were not confined to industry groups, but were present across businesses as diverse as food, retail and service networks which built substantial enterprise value for their Shareholders and proprietors. Conversely, almost all networks which faded to thrive lacked many of the following features:
The good, the bad and the ugly
The Good with the Bad ...what are some of the disadvantages of franchising you should prepare for? There is no better or safer way for an inexperienced person to get into business than franchising. It is also a most attractive opportunity for more experienced business people to combine their previously learned business skills with a franchisors brand, systems, buying power and market knowledge to generate a degree of profitability that many independent competitors would envy. However, whether you are an experienced businessperson or an employee yearning to be your own boss, you must understand that the franchised business model is not in a guarantee of success. Franchising Magazine asked Rod Young, Executive Director of DC Strategy to identify the disadvantages of franchising and provide a perspective.
The ideal franchise opportunity
Which franchise opportunity is best for you? Should you buy an existing location or start a new one? Rod Young of DC Strategy provides a path through the maze of questions. You've dreamed and planned and now the time has come to invest in a franchise opportunity. The most fundamental question, of course, is in which franchise system you should invest. With that decision made, the next key consideration is whether to purchase an existing franchise business or establish a new one. Let's look first at some of the considerations in assessing the franchise group as a whole. Many factors will determine whether a franchise system is the right one for you. Answering the following 10 key questions will give you an initial insight into the quality of the operation and whether you are joining a "franchisor of choice".

Franchising - A Global Business Opportunity
Franchisors, franchisees and consumers recognise the benefits franchise networks offer; as the world gets smaller, conditions tighten and the demand for consumer and business products and services through branded outlets accelerates. As a result, franchising is gathering momentum, triggered by the slowdown in many markets that have stopped traditional business models in their tracks. This has caused the traditional single unit independent business people to wonder if they have a future.

What (good) franchisees want
With 850 business format franchise systems in Australia and high levels of employment, the “war for talent” is intensifying among franchisors for quality franchisees. Good, “proven” franchisees are now in a position to choose between franchise systems. Rod Young reveals what successful franchisees expect from a franchisor.

Teamwork
I suspect that all of us in the world of business, athletics, music, etc., recognize the importance of teamwork. Old cliches come to mind, like, "Individuals score points, but teams win games."
Running Helps Entrepreneurs Succeed
Ah - two of my favorite topics - running and entrepreneurship.
The Board's Role in Fundraising
“Should my board help me raise funds?” The obvious answer is yes, of course they should! Now comes the hard part. Getting the board to actually raise money is a lot tougher than simply saying they should. Many nonprofits, of all sizes and types of mission, overlook the basic steps necessary to engage the board in effective fundraising.

Top Five Responsibilities of Nonprofit Board Members
I have seen effective and ineffective boards of directors. Good boards of directors are clear about their roles and responsibilities versus those of the Executive Director, and they don't overstep their boundaries. This article highlights what I consider are the five most important responsibilities of board members.
Board Member Job Descriptions - Which Roles and Responsibilities Should You Include?
Prior to developing a job description for board members, take time to determine what you expect from them. What roles should they adopt and which tasks, projects, and activities do you want them to be responsible for? This article provides some items you should consider including in board member job descriptions.
To Thine Own Self Be True - It's Better for Business - What Arthur Andersen Would Say to His Company
What Arthur Andersen would have said about the ethics scandal that destroyed the company he founded...and why saying no to the wrong client or request can jumpstart your business. As a child, you probably heard, "to thine own self be true."
A Day In The Life Of A Plan Ahead Events Franchisee
Regardless of what the client needs done, what kind of event needs to be planned, or how big the night is supposed to be, the Plan Ahead Events people make it happen. Here's an in-depth look at a day in the life of a plan ahead events franchisee.
3 Simple Measurements for Developing Your Sales Team
In addition to looking at the numbers, you can figure out very quickly whether or not a sales person is successful by ranking them on a scale of one to ten... in three key areas…
Microfinance 2015: Panel Focuses on the Future and Outlook of Microfinance
Where will microfinance be in 2015? What is the future and challenges of microfinance? The first discussion held at the launch of the International Year of Microcredit 2005 focused on these key questions.
Technology Innovations at Grameen Foundation USA
How will easy, affordable and reliable access for a person in a remote village be provided? When will this person have the ability to make a simple one-minute call, send a complaint to the local government, or make a loan payment without undo cost or travel difficulty? The microfinance industry is answering these questions with technological innovations.

Other executive director Related Articles

Assessing the merits of whether to franchise
Franchising has been hailed as the way of the future for business but Rod Young, Executive Director of DC Strategy, says not all roads lead to franchising and businesses need to weigh up many issues in deciding whether to head down the franchising path.

Globalization of Microfinance Markets: an Overview and Some Conditions for Success by Dr. Jairo Morales-Nieto
Written by Dr. Jairo Morales-Nieto, Executive Director of local economic development consultants InterAfrica Corporate Ltd, this 10-page discussion on the necessary steps to transition from local to global microfinance markets was published in January 2008.
What Does the Current Economic Crisis Mean to Your Future
Executive Director of American Writers & Artists Inc. (AWAI), Katie Yeakle, talks about how the recession may be good for you.
How to Avoid Business Opportunity Scams
Katie Yeakle, AWAI Executive Director, gives some great tips on how to avoid "business opportunity" and "online money making" scams.
Katie Yeakle Reveals What Never to Put in Your Resume
AWAI Executive Director, Katie Yeakle, shares top five resume tips to help job seekers find work fast.

Sales Interview Questions from a Sales Coach
I have posted interview questions for various sales positions below. These questions will be helpful when interviewing a sales professional of any level. Example position titles that these interview questions may be helpful for are: Sales Representative, Sales Executive, Account Manager, Account Executive, Sales Manager, District Sales Manager, Regional Sales Manager, Director of Sales, VP of Sales.
Franchising Begins to Bite in India
Western style franchising is starting to have a major impact on the Indian business scene. Rod Young, Executive Director of DC Strategy and the Program Director of Franchise India 2009, explains why franchising in India is growing rapidly and Aussie firms are positioning themselves to grow.
Give your business a helping hand with a non-executive director
Growth businesses which find they are lacking in knowledge or expertise in a particular area may find that the answer is to bring an experienced non-executive director (NED) on board. A NED will have typically enjoyed a successful business career, and can bring a range of benefits to your board and executive team. They often have several directorships with companies of differing sizes and usually work part-time.
Developing Executive Presence - What Really Matters
I've found that the term executive presence can mean different things to different people. Asking penetrating questions to gain more clarity for both the client and executive coach is critical to the executive coaching process when coaching a leader to cultivate their executive presence.

Building Executive Presence - Storytelling for Professional Success
The term executive presence can mean different things to different people. Asking penetrating questions to gain more clarity for both the client and executive coach is critical to the executive coaching process when coaching a leader to improve their executive presence.

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