The PRWIRE Press Releaseshttp://2008-11-16T14:00:00ZSpecialist reports to provide most wide reaching and factual analysis of franchise industry in Australia2008-11-16T14:00:00Zspecialist-reports-to-provide-most-wide-reaching-and-factual-analysis-of-franchise-industry-in-australia SYDNEY, Australia
– 17 November 2008 – Specialist consulting and legal firm DC
Strategy today announced the launch of DC Strategy Research, a specialist
research firm focused on providing quality business analysis for key decision
makers.
In the first
stage of this initiative, DC Strategy Research is producing independent
franchise business reports containing information on individual franchise
systems. These reports will provide the most wide reaching research and factual
analysis of franchising ever completed in Australia and
have been compiled after two years of research, analysis, focus groups and
interviews.
“With extensive
experience in franchising and the growth of businesses, DC Strategy has a
detailed understanding of what aspects make a quality franchisor successful and
how a business needs to evolve over many years to remain relevant to the
consumer and franchisees,” says Adrian
McFedries, Managing Director of DC Strategy. “The preparation
of factually based independent franchise business reports provides a
constructive channel to communicate independent, detailed and factual
information to franchisees that are interested in making an informed decision.
This will provide an invaluable resource to potential franchisees as they
conduct their due diligence when making a decision about
franchising.”
These reports
will allow prospective franchisees to more easily identify the highest quality
franchise systems in Australia. As a result, those
prospective franchisees now have a trusted and independent source of information
to help them make a fully informed decision about which franchise to
purchase.
Said McFedries,
“Our detailed analysis of the 1000+ franchisors in Australia has
reinforced our professional opinion that there are many businesses in the market
that are ill-equipped to be in franchising. As a consequence, there is genuine
concern that over the next few years there may be unnecessary regulation
introduced which seeks to curtail the poor practices of a very small number of
poorly run franchisors or franchisees. This would have an unhealthy impact on
the highest quality franchisors that account for the majority of franchisees in
Australia.”
Commonwealth
Bank of Australia (CBA) is a proud supporter of this initiative and has been
working closely with DC Strategy during the production of the reports. CBA’s
involvement recognises the presence, expertise and experience that their
specialist franchise and business lending teams bring to franchising in
Australia.
Rod Nuttall,
National Executive Manager – Franchising, Corporate Financial Services,
Commonwealth Bank, said, “Australia is one of the world’s most
franchised countries per capita. With so many systems out there to choose from,
it’s vital for prospective franchisees to gather as much information as possible
during the due diligence phase to ensure they’re investing into a business that
they believe in and fits their long-term ambitions. We work with both sides of
the franchising industry, franchisees and franchisors alike, and believe these
reports will bring great benefits to all
concerned.”
Available for
purchase through www.dcsreport.com the reports will cover
key details and information on the organisation, key management, franchise
system structure, performance, industry commentary, re-sale activity, history of
disputes and current franchisee feedback. The reports range in price from $350 -
$700 + GST depending on the detail in the report.
Says McFedries,
“DC Strategy Research aims to give franchisees the option to purchase
independently prepared information in a consistent format as part of their
decision making process. In addition to this, franchisors will have an
independent source of high quality, independent research they can direct to
prospective franchisees.”
- ENDS
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About DC
Strategy
DC
Strategy is the region’s leading specialist consulting and legal firm, with
dedicated teams in Strategy, Franchising, International and Legal. DC Strategy
has developed the networks and brands of some of the region’s most successful
businesses including Boost Juice, Flight Centre, OPSM, ANZ, Pack & Send,
Telstra, Darrell Lea, Aussie, Dymocks, Forty Winks, Caltex, RACV, Tattersalls,
Australia Post, and Mortgage Choice.
For media
interviews or information please contact
Tara
Schwarze
Max
Australia
+61 2 9954
3492
tara.schwarze@maxaustralia.com.au