Take on the world and win

AN IN­TER­NA­TIONAL COM­PE­TI­TION COULD HELP KIWI EN­TREPRENEURS LEARN FROM THE WORLD’S BIG­GEST FRAN­CHISORS, SAYS SI­MON LORD.

NZ Business - - TECH STUFF -

IN­MY­LAST col­umn, I made men­tion of the fact that fran­chis­ing had never re­ally taken off in the UK com­pared to New Zealand, Aus­tralia and, of course, the US. I think one rea­son why New Zealan­ders, in par­tic­u­lar, have taken to fran­chis­ing in such num­bers, is the cul­ture of shar­ing that ex­ists within the fran­chise com­mu­nity here. Ask a fran­chisor how they deal with such-and-such an is­sue within their busi­ness and they’ll freely share the in­for­ma­tion (un­less you’re a di­rect com­peti­tor – and even then, it hap­pens more of­ten than you might ex­pect).

By con­trast, I’ve found the fran­chise sec­tor in the UK to be rather more ex­clu­sive.

Our cul­ture was de­vel­oped by such pi­o­neers of fran­chis­ing in New Zealand as Colin Tay­lor of Stir­ling Sports and David McCul­loch of Arano Juice. Along with a few spe­cial­ist con­sul­tants and lawyers, they laid the foun­da­tion for an open, in­clu­sive group that be­came the Fran­chise As­so­ci­a­tion and helped hun­dreds of en­trepreneurs learn about fran­chis­ing and de­velop busi­ness mod­els that took them fur­ther than they could ever have dreamed: to China, the Mid­dle East, Africa, Europe and the US it­self.

No won­der this year’s Na­tional Fran­chise Con­fer­ence was sold out al­most three months in ad­vance.

Th­ese days, of course, we have ‘men­tor­ing’ and ‘ac­cel­er­a­tor pro­grammes’ – for­mal (and of­ten ex­pen­sive) ver­sions of what Colin and the rest gave out of the good­ness of their hearts.

But now there’s an in­ter­na­tional com­pe­ti­tion which can help young en­trepreneurs all round the world to tap into the power of fran­chis­ing.

Nex­tGen in Fran­chis­ing is an in­ter­na­tional com­pe­ti­tion run by the Fran­chise Ed­u­ca­tion & Re­search Foun­da­tion of the USbased In­ter­na­tional Fran­chise As­so­ci­a­tion (IFA).

Backed by the Fran­chise As­so­ci­a­tion of New Zealand,

Nex­tGen is look­ing for out­stand­ing young en­trepreneurs whose busi­nesses are poised to take off, and to give them men­tor­ing and sup­port from some of the best fran­chise lead­ers in the world.

Win­ners will re­ceive:

• A trip to the IFA An­nual Con­ven­tion in the US, com­pli­men­tary con­ven­tion reg­is­tra­tion and travel ex­penses up to US$1,500;

• A spot at the Nex­tGen in

Fran­chis­ing Sum­mit – a two-day ed­u­ca­tional and net­work­ing pro­gramme for next gen­er­a­tion en­trepreneurs;

• A place on an Ac­cel­er­a­tor Pro­gramme with fran­chise in­dus­try lead­ers and CEOs;

• An op­por­tu­nity to com­pete for ad­di­tional cash prizes;

• Ex­ten­sive, in­dus­try-wide me­dia

ex­po­sure; and • Op­por­tu­ni­ties to en­gage di­rectly with lead­ing fran­chisors, fran­chisees and sup­pli­ers in fran­chis­ing, and with other young en­trepreneurs. The com­pe­ti­tion is open to en­trepreneurs aged 21 to 35 with busi­nesses that have been oper­at­ing for one to five years, and ap­pli­ca­tions re­main open un­til 1st Septem­ber 2017.

Ac­cord­ing to David McKin­non, chair of the or­gan­is­ing com­mit­tee, “While there are many en­tre­pre­neur­ial com­pe­ti­tions and ac­cel­er­a­tors out there, Nex­tGen in

Fran­chis­ing is the only one fo­cused on help­ing mil­len­nial busi­ness own­ers grow their con­cepts through the fran­chise model.

“This unique com­pe­ti­tion will al­low win­ners to have the op­por­tu­nity to meet per­son­ally with lead­ers within the in­dus­try to utilise as re­sources as they build their com­pa­nies.” KI­WIS ARE WIN­NERS TOO In case you think this all sounds a bit out of the reach of Kiwi en­trepreneurs, con­sider this: win­ners of last year’s event hailed from the Philip­pines, Malawi, Aus­tralia, Nige­ria, Mex­ico, Tan­za­nia, Hun­gary, Nige­ria, South Africa, the United States and Canada.

And in the 2015 ver­sion of the com­pe­ti­tion, which in­cluded fran­chise em­ploy­ees, Jes­sica Lin­nell of Ex­ceed Main­te­nance in Tau­ranga was one of the win­ners. Jess and her fel­low win­ners had the chance to meet many of the top names in the IFA.

“It was in­cred­i­bly ex­cit­ing to see peo­ple my age bring to life fran­chise ideas that will surely change the world of fran­chis­ing as we know it,” she said af­ter­wards.

Robyn Pick­er­ill, CEO of the Fran­chise As­so­ci­a­tion of New Zealand is thrilled to be rep­re­sent­ing this year’s Nex­tGen in

Fran­chis­ing com­pe­ti­tion. “The pro­gramme is built to open the door for out­stand­ing en­trepreneurs and po­ten­tially max­imise the suc­cess of their start-ups and com­pa­nies,” she says. “Jes­sica has shown that Ki­wis can be win­ners on the global stage so we en­cour­age any qual­i­fied mil­len­nial to con­tact us for more in­for­ma­tion and en­ter this pres­ti­gious com­pe­ti­tion.”

No doubt there will be plenty of help and en­cour­age­ment avail­able from the fran­chise spe­cial­ists of New Zealand along the way. Af­ter all, help­ing oth­ers is as much a part of our fran­chise cul­ture as tak­ing on the world.

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