Franchise financing plays a crucial role in supporting both new and established franchisees in their business ventures. For new franchisees, securing funding is essential to cover initial franchise fees, equipment, and working capital. Many financing options, such as Small Business Administration (SBA) loans, traditional bank loans, and franchisor financing programs, cater specifically to their needs. Established franchisees may seek financing to expand their operations, renovate, or purchase additional franchises. They can leverage their proven track record and business success to access loans with more favorable terms. Additionally, alternative financing options like equipment leasing and lines of credit can provide flexibility to meet evolving business needs. With the right financing, franchisees can maximize their growth potential and achieve long-term success.
https://www.franchise2sell.com.au/blogs/franchise/franchise-financing-for-new-and-established-franchisees
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7/20/2023 0 Comments Capital city housing values are still rising but at a slower pace. Here's how things are looking where you areAustralia's housing values increased in June, but the pace of growth has slowed. That's according to last month's data from CoreLogic. The property data firm revealed a 1.1 per cent rise in national property values over June, backing up May's 1.2 per cent increase. One capital city continued to lead the charge, while only one city recorded falling prices. Here's a breakdown of the data. Sydney continues to lead the cycle, according to CoreLogic’s research director, Tim Lawless. Sydney home values increased another 1.7 per cent in June, taking the cumulative recovery since January through to 6.7 per cent.
https://www.abc.net.au/news/2023-07-21/australian-capital-cities-house-and-unit-values-increase-decline/102557920 A proposed mixed-use project with 42 opulent apartments on the site of the Hyde Park Inn has been given the green light by the City of Sydney, with developer Central Element and equity partner MaxCap Group expecting the project to go to the market in early 2024. The two companies had previously forecast the project to be completed in 2023, but was delayed due to the development application (DA) process which is now finally over the line. A spokesperson told Business News Australia the estimated end value of the project is $450 million. The Hyde Park site at 271 Elizabeth Street will be designed by architects Angelo Candalepas and Glenn Murcutt, who will be working together for the first time on a project for the City of Sydney. Candalepas is renowned for his projects All Saints Grammar School, Belmore, and the Punchbowl Mosque, among others. His firm was most recently awarded The Fox: NGV Contemporary in Melbourne, Australia’s largest gallery dedicated to contemporary art and design.
https://www.businessnewsaustralia.com/articles/central-element--maxcap-get-green-light-for-hyde-park-development.html Setting clear goals is essential for efficient business operations and overall success. Here are key steps to follow. First, define specific, measurable, achievable, relevant, and time-bound (SMART) goals. Break them down into smaller, actionable tasks. Second, align goals with the overall business strategy and mission. Ensure they are realistic and align with available resources. Third, communicate goals to the entire team, ensuring everyone understands their role in achieving them. Fourth, regularly track and measure progress toward goals, adjusting strategies as needed. Finally, celebrate milestones and accomplishments to maintain motivation. By setting clear goals, businesses can enhance focus, productivity, and ultimately achieve long-term success.
https://www.business2sell.com.au/blogs/strategy/how-to-set-clear-goals-for-efficient-business-operations The 'Make a Real Difference' initiative is now in its second year
Share Master of Commerce students showcased their innovative solutions to real-world issues in Southeast Asia as part of the ‘Make a Real Difference’ initiative.Postgraduate students in the University of Sydney Business School put their creative, analytical and problem-solving skills to the test in June as part of the ‘Make a Real Difference’ initiative. Run by the Business School and supported by SSEAC, the initiative tasks students with devising innovative solutions to real-world challenges in Southeast Asia. Students identify a problem to address and work in small groups to produce a detailed business case, timeline, budget, and presentation outlining their proposed solution. In setting up the inaugural program in 2022, SSEAC’s academic members provided students with detailed guidance on topic areas and produced ten stand-alone videos that gave students an overview of each country in Southeast Asia, including cultural, political and business considerations. https://www.sydney.edu.au/sydney-southeast-asia-centre/news/2023/07/05/creative-minds-craft-solutions-to-southeast-asia-challenges. |
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