Goodwill – Marketforce

Ideas, Intellectual Property and the Fourth Industrial Revolution

Yesterday over 1,000 delegates from the WIPO’s 192 member states met to consider a range of work on issues related to intellectual property, which is becoming the bedrock for economic policy in a globalized, technology-driven world. This is so important for the Future of Work as your valuable ideas are at the forefront of the […]

10Feb

Good Faith in franchising… bad for Goodwill

One of Australia’s largest and oldest franchise systems has been rocked to its core with revelations of underpayment of wages by its franchisees and allegations of dubious reporting. 7/11 is bruised and battered amidst franchisee discordance and scrutiny by Australian regulators. The 7/11 wage price scandal reinforces that every franchisor has obligations of good faith […]

20Sep

Breakthrough methodology for valuing franchise goodwill- what’s all the fuss about?

The chief examiner of my thesis commented- “It makes important contributions/advances in the scholarship of governance structure, risks, returns, and valuation of franchisee-operated businesses – areas of scholarship that have received only scant attention over the last three decades” Complexities of franchise contracts Government intervention in the Australian franchising sector means that franchisors and franchisees […]

09Sep

The future of franchisng in a digital age

The rise and rise of digital and social media coupled with the increasing popularity of on-line businesses raises the question of the future of franchising in the digital age. With challenges evolving with some of Australia’s biggest big franchise brands (Eagleboys, Seven Eleven to name a few) many franchise commentators argue that traditional franchising models have reached […]

05Sep

Growing Goodwill: The Devil is in the Detail

In light of the public exposure of the 7/11 wage price scandal and the likelihood of further investigations by ASIC , franchisors must implement effective measures to ensure a positive culture of compliance and to quarantine the goodwill in their system. Successful implementation of this following 5-Point Strategy can mitigate the risks of breaching the […]

19Aug

Goodwill and good faith: 7-11 Short changes the Australian Franchise Systems

One of Australia’s largest and oldest franchise systems has been rocked t with revelations of underpayment of wages by its franchisees and allegations of dubious reporting. 7/11 brand reputation has been bruised and battered amidst franchisee discordance and scrutiny by Australian regulators. The 7/11 wage price scandal reinforces that every franchisor has obligations of good […]

12Aug

8 Tips to Consummate the Value of Goodwill

The franchise relationship is a marriage of convenience that in order to succeed needs close collaboration between franchisees, franchisors and suppliers. The survival of this co-dependent partnership requires the valuation of goodwill, which both partners need to agree on, otherwise the marriage may end up ‘on the rocks’. This includes a healthy understanding of the […]

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