Report
Franchising New Zealand 2017
pp.1-57
Massey University and Griffith University
2017
Abstract
The New Zealand economy has performed strongly over the past five years and underpinned a wave of business confidence. It has been a period of political stability and solid financial performance. Despite some budget deficits between 2011 and 2013 owing mainly to the Christchurch earthquakes, in 2014/15 and 2015/16 budget surpluses were reported. In the current financial year, a modest $0.5b excess is forecast and set to increase in coming years. In this context New Zealand businesses have flourished. Competition remains keen, there has been fluctuation in dairy prices, and a bullish property market, but a generally positive business environment has encouraged expansion in the franchise sector, as elsewhere. The number of franchise systems has grown at the rate of 37 new businesses year on year meaning there has been an increase in both employment numbers and sales turnover across the sector. Throughout the period the perennial problems of finding good franchisees and suitable locations have remained, whilst there is some unease about franchisee access to finance as banks restrict lending in some areas and look to pass on some of their overseas borrowing costs.
The data provided in this report provides a reliable source of information about the New Zealand franchise sector. I am very pleased to recommend the Franchising New Zealand 2017 survey results to franchise sector stakeholders. The 2017 report comes five years after previous reports in 2010 and 2012 and is intended to be completed on an ongoing biennial basis. The results are the only longitudinal data on the franchise sector since 2010. Massey University and Griffith University are pleased to collaborate with the peak body of franchise representation, the Franchise Association of New Zealand, in this important research.
Details
- Title
- Franchising New Zealand 2017
- Authors
- Susan Flint-Hartle (Author) - Massey UniversityLorelle Frazer (Author) - Griffith UniversityScott K Weaven (Author) - Griffith UniversityAnthony Grace (Author) - Griffith University
- Publication details
- pp.1-57
- Publisher
- Massey University and Griffith University
- Organisation Unit
- USC Business School - Legacy; University of the Sunshine Coast, Queensland; School of Business and Creative Industries
- Language
- English
- Record Identifier
- 99613708602621
- Output Type
- Report
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