Business
TKMS clocks strong 9-mth profit, hikes annual outlook
Business
European stocks edge lower as oil’s six-day surge and U.S. inflation loom

European stocks edge lower as oil’s six-day surge and U.S. inflation loom
Business
growth in 10 of 12 UK regions in July
Business activity rose in 10 of the UK’s 12 nations and regions in July, up from just three in June, according to the latest NatWest UK Regional Growth Tracker.
The survey, compiled by S&P Global from responses to its UK PMI surveys, attributed the improvement to reduced cost pressures and a general pick-up in business confidence at the start of the third quarter.
The Tracker’s headline measure is the Business Activity Index, where any reading above 50.0 signals growth and higher readings indicate faster expansion.
London topped the rankings in July with a reading of 55.3, ahead of the South East on 53.2 and Northern Ireland on 51.4. Scotland, at 47.3, and Yorkshire & Humber, at 49.1, were the only areas to record decreases in output.
The July figures mark a step change from June, when growth was confined to London (54.1), the South East (50.9) and the North East (50.8), and Northern Ireland posted the sharpest fall in output at 43.9.
Cost pressures eased in all 12 areas in July, the survey found, leading to generally slower rises in prices charged for goods and services. Growth expectations for the year ahead also recovered further across most parts of the UK.
Sebastian Burnside, NatWest chief economist, said: “Most areas of the UK enjoyed a positive start to the third quarter, seeing output levels rise as price pressures eased further from their recent highs.
“Business activity growth widened to encompass all but two of the 12 UK nations and regions monitored in July, supported in most cases by improved trends in underlying demand. Moreover, firms in most areas were increasingly upbeat about the outlook, raising the prospect of stronger growth in the second half of the year.
“Rates of increase in business costs fell sharply across the board, which reduces the upside risks to headline inflation and thereby the chances of an increase in interest rates in the coming months.
“Adding to the positive news, there were further signs that labour market conditions are beginning to stabilise, with July seeing workforce numbers fall at slower rates in most cases and even rise in some parts.”
The Bank of England held Bank Rate at 3.75 per cent at its meeting on 30 July, with the Monetary Policy Committee’s next decision due on 17 September. Expectations for rate cuts this year have shifted repeatedly as energy prices and inflation forecasts moved in response to the Middle East conflict.
The Tracker’s findings on sentiment follow separate survey data showing UK business confidence at a nine-month high as trade tensions eased.
On the labour market, the survey’s signal of slower falls in workforce numbers comes after recruitment industry data pointed to a slowing decline in UK job vacancies, led by growth in the services sector.
The NatWest UK Regional Growth Tracker covers Scotland, Wales, Northern Ireland and nine English regions. Survey responses are collected in the second half of each month and indicate the direction of change compared with the previous month.
Business
Australian shares fall as investors heed bank warnings
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Business
Prince William, Kate Reportedly Feel ‘Betrayed’ By King Charles’ Secret Meeting With The Sussexes
Prince William and Catherine, the Prince and Princess of Wales, reportedly felt blindsided and upset after King Charles III held a private meeting with Prince Harry and Meghan Markle last month, according to a royal commentator, though neither Buckingham Palace nor Kensington Palace has publicly confirmed the reported reaction.
The claims stem from a report by Emily Andrews, a British royal journalist writing for Woman & Home magazine, who said she understood the Waleses’ reaction to the meeting to be one of shock and hurt. “Betrayed and possibly even humiliated,” Andrews wrote of what she described as William and Catherine’s response to the King’s outreach toward the Sussexes.
According to Andrews’ reporting, Harry and Meghan met privately with King Charles and Queen Camilla at Highgrove House, the King’s private residence in Gloucestershire, during a family trip to the United Kingdom and Portugal last month. The couple’s two children, Prince Archie, 7, and Princess Lilibet, 5, were also present for the reunion, marking a rare instance of the full Sussex family appearing together with senior royals since Harry and Meghan stepped back from official duties in 2020.
Andrews reported that William and Catherine were informed of the planned meeting only shortly before it took place, and that Queen Camilla herself was said to have learned of the details on a similarly short timeline. She also reported that the King had reportedly offered Buckingham Palace as a place for the Sussexes to stay during a future UK visit, a detail Andrews suggested added to the sense of surprise felt by the Prince and Princess of Wales. None of these specific details have been confirmed on the record by representatives for the King, the Wales family or the Sussexes.
The reported fallout has since been described in some coverage as having prompted what were characterized as “crisis talks” between William, Catherine and the King, reflecting what Andrews and others have portrayed as a continued rift over how the family should handle its relationship with Harry and Meghan. Separate reporting citing unnamed palace insiders has claimed William and Catherine believe they should maintain minimal further involvement with the Sussexes and had encouraged Charles to keep his distance from the couple, though there has been no on-the-record confirmation of that specific position from William, Catherine or their representatives.
Holly Baird, a crisis management expert with the firm MediaSourcePR, cautioned against reading too literally into terms like “crisis talks” when they appear in royal coverage. Baird said such language can simply indicate that “an institution recognizes a narrative has reached the point where it requires active management,” rather than necessarily implying panic or dramatic internal conflict. She said royal-related crisis discussions typically focus on more practical questions, including messaging strategy, the timing of public appearances, and whether to respond directly to a story or allow it to pass without comment.
Baird also pushed back on the framing of the reported meeting as a clear-cut loss for William and Catherine. She argued that treating any reconciliation between Charles and the Sussexes as inherently damaging to the Wales family’s position reflects a particular narrative choice rather than an inevitable read on the situation, noting that a less confrontational storyline centered on family reconciliation could ultimately serve the broader royal family’s public image. She said unresolved family tension tends to create what she called “an evergreen narrative” that continues generating media coverage regardless of how the underlying relationships actually evolve.
The reported meeting adds to years of public estrangement between the Sussexes and other senior royals, a rift that has played out extensively across television interviews, the couple’s Netflix documentary series, and Harry’s 2023 memoir, “Spare,” all of which detailed the couple’s account of tensions within the institution before their departure from royal duties. That history has left international media coverage highly attentive to any sign of a shift in the relationship between Charles and his younger son, with commentators noting that any apparent warming between the King and the Sussexes tends to immediately raise questions about where that leaves William’s position within the family dynamic.
Despite the volume of coverage surrounding the reported meeting, the underlying claims remain rooted in commentary from royal journalists citing unnamed sources rather than statements from the individuals involved. Neither William, Catherine, King Charles, Queen Camilla nor representatives for Harry and Meghan have issued on-the-record confirmation of the specific reactions attributed to the Wales family, and the full scope and substance of any internal palace discussions remain unclear from publicly available reporting.
Baird noted that managing a genuine shift toward reconciliation, if one is indeed underway, would likely require all parties to resist turning what was reportedly a private family meeting into a public competition played out through dueling media narratives. Whether the Highgrove House meeting ultimately represents a meaningful step toward reconciliation between Charles and the Sussexes, or simply another chapter in an ongoing and highly publicized family rift, remains something that cannot be established definitively based on the reporting available so far.
For now, claims describing William and Catherine’s reaction as one of betrayal or humiliation, along with reports of internal “crisis talks,” should be understood as accounts attributed to unnamed sources and royal commentators rather than confirmed statements from the royal family itself.
Business
What to Know Before Hiring a Personal Injury Lawyer
An accident can upend your life in seconds. One moment you’re driving home or walking through a store, and the next you’re facing medical bills, missed work, and pressure from insurance adjusters.
Choosing the right personal injury lawyer becomes one of the most important decisions you’ll make during this stressful time. The lawyer you pick shapes how your case is handled and how much compensation you may recover. Before you sign anything, it helps to understand how these attorneys work, what they charge, and which questions to ask. This guide walks you through the essentials so you can make a confident, informed choice.
Understand What a Personal Injury Lawyer Actually Does
A personal injury lawyer represents people harmed by someone else’s carelessness. Their job is to prove fault, calculate the true cost of your losses, and fight for fair payment on your behalf.
The work covers a wide range of situations. A car accident lawyer handles road collisions, while other cases involve a slip and fall, defective products, or medical mistakes. In each one, the attorney gathers evidence, deals with insurers, and builds a case strong enough to settle or take to court.
Most disputes settle before trial. Still, a good lawyer prepares every file as though it could reach a courtroom, because that readiness often improves the final offer.
Know How Fees Work Before You Commit
Cost worries stop many injured people from seeking help. The good news is that most injury lawyers work on a contingency fee basis. That means you pay nothing upfront, and the lawyer only collects a fee if they win money for you.
The fee usually comes as a percentage of your settlement or verdict. Ask about this figure early, along with how case costs, such as expert witnesses or court filing charges, are handled.
Get the fee agreement in writing. A trustworthy firm will explain each line clearly and answer your questions without pressure. Transparency here is a strong sign of how the firm will treat you later.
Pay Attention to the Statute of Limitations
Every state sets a deadline for filing an injury lawsuit, known as the statute of limitations. Miss it, and you usually lose the right to seek compensation for injuries, no matter how strong your case is.
In Arizona, for example, the deadline is generally two years from the date of the injury. Other states and case types can differ, so confirm the rule that applies to your situation.
Because evidence fades quickly, acting fast matters even more than the legal deadline suggests. Surveillance footage gets erased, skid marks disappear, and witnesses forget details or move away.
Check Local Experience and Court Knowledge
Laws and court customs vary from place to place. A lawyer who knows the local courts, judges, and juries brings an advantage that out-of-town attorneys simply can’t match.
Take Maricopa County in Arizona as an example. A lawyer practicing there understands how local juries value claims and how nearby courts handle procedure. That local insight can shape both strategy and outcome.
If you were hurt in the area, researching options for hiring personal injury lawyer in Phoenix, Arizona is a sensible starting point. Firms like Lamber Goodnow, which is connected to the long-established Fennemore firm, show how deep regional roots can support a claim. Whatever region you’re in, favor someone who knows the local landscape.
Learn How the Firm Handles Negligence and Evidence
Winning a personal injury claim usually comes down to proving negligence. Your lawyer must show that another party owed you a duty of care, broke it, and caused your injuries as a result.
Strong firms move quickly to protect evidence. They send preservation letters, hire investigators, photograph the scene, and collect records before anything is lost. The sooner this happens, the better your position.
Ask any prospective lawyer how they build a case. Their answer reveals whether they prepare thoroughly or simply push for a fast, low settlement to close the file.
Understand How Insurance Companies Operate
After an accident, you’ll likely deal with large insurers such as State Farm, Allstate, Geico, USAA, or Progressive. These companies employ skilled adjusters whose goal is to limit what they pay out.
A seasoned lawyer knows how each carrier tends to negotiate. That experience helps them push back on lowball offers and recognize when an insurer is stalling or undervaluing a claim.
Be careful about early contact from the other side’s insurer. A few points worth remembering:
- Avoid giving a recorded statement before speaking with your lawyer.
- Don’t accept the first offer without a professional review.
- Let your attorney handle communication once you’re represented.
Handing these conversations to a lawyer protects you from saying something that could weaken your case.
Ask the Right Questions During Your Consultation
Most firms offer a free first meeting. Use it wisely. This is your chance to judge whether the lawyer listens, explains things clearly, and treats you like a person rather than a number.
Helpful questions to raise include:
- How many cases like mine have you handled?
- Who will manage my case day to day?
- What is your fee, and what costs might I owe?
- How and how often will you update me?
Pay attention to how they respond. Clear, honest answers point to a firm that values communication. Vague or rushed replies are a warning sign worth heeding.
Weigh Reputation and Client Reviews
A lawyer’s track record tells you a lot. Look for verified reviews, past results, and recognition from respected legal or media sources. Consistent praise for communication and results is a strong indicator.
Remember that past outcomes never guarantee future ones. Every case turns on its own facts. Still, a firm with a long history of satisfied clients and solid preparation gives you a reasonable basis for trust.
Balance reviews with your own impression from the consultation. The right fit combines proven skill with genuine care for your recovery and peace of mind.
Conclusion
Hiring the right personal injury lawyer takes a little research, but the effort pays off. Understand how fees work, confirm the statute of limitations for your area, and choose someone with local knowledge and a clear plan for proving negligence. Ask direct questions, review the firm’s reputation, and never let an insurer rush you into a decision. When you find an attorney who communicates openly and prepares your case with care, you give yourself the strongest chance at fair compensation. Take your time, trust the process, and lean on professional guidance so you can focus on healing.
Business
Knicks Opening Night Tickets Hit Record $1,999 for Banner Ceremony Against LeBron’s 76ers
NEW YORK — Secondary-market ticket prices for the New York Knicks’ season opener against the Philadelphia 76ers have climbed to a record level, with the cheapest available seats listed at $1,999 just hours after the NBA revealed its opening-night schedule.
The Oct. 20 matchup at Madison Square Garden, scheduled for 7 p.m. ET and part of an NBC and Peacock tripleheader, combines two major storylines: the Knicks’ first championship banner raising since 1973 and LeBron James’ debut with a rebuilt 76ers roster. TickPick reported the $1,999 get-in price for upper-level Section 400 seats. Listings on SeatGeek and StubHub started higher, in the $2,100 to $2,200 range for the least expensive available tickets. Some premium seats were listed for more than $100,000.
Matt Ferrel, head of growth at TickPick, described the game as a standout event. “This opening night with the Knicks feels like a marquee moment,” Ferrel said. “This feels like a proper kickoff to a pretty major season with the defending champions at home.” He noted that official primary-market tickets were not yet available, as the full regular-season schedule was scheduled for release later in the week, but secondary inventory was already moving.
The Knicks earned the right to raise that banner by defeating the San Antonio Spurs in five games in the 2026 NBA Finals, ending a 53-year championship drought. Jalen Brunson was named Finals MVP. The pregame ceremony will also include the distribution of championship rings. New York swept the 76ers in the second round of last season’s playoffs on the way to the title.
Across the floor, the 76ers arrive with significant roster changes. James, the NBA’s all-time leading scorer, agreed in late July to a two-year, $8 million contract with a player option. The 41-year-old had spent the previous eight seasons with the Los Angeles Lakers and publicly weighed retirement after the 2025-26 season. In a social media statement announcing his decision, James said: “I believe I can help make the Philadelphia 76ers a championship team and I am so excited to energize a new fan base and start this incredible journey one last time.”
He joins a group that already included Joel Embiid and Tyrese Maxey and added Jaylen Brown via a July trade with the Boston Celtics. The combination has elevated Philadelphia’s standing in early title odds discussions. The 76ers’ first home game of the season is set for Oct. 22 against the Cleveland Cavaliers.
The Oct. 20 contest is the middle game of the league’s opening-night tripleheader. The Boston Celtics visit the Detroit Pistons at 3 p.m. ET, and the Oklahoma City Thunder face the Spurs at 9:30 p.m. ET in a Western Conference Finals rematch. The Knicks-76ers game carries the heaviest local and national interest because of the ceremony and James’ arrival.
Secondary prices for this opener currently sit well below some of the peaks reached during the Knicks’ Finals run at Madison Square Garden, when upper-deck seats for certain games approached or exceeded $8,000. Still, the $1,999 floor for a regular-season home opener stands as the highest recorded for such a game, according to TickPick data shared publicly. Ferrel indicated that additional inventory after the full schedule release could ease prices somewhat, though demand tied to the banner night and James’ presence may keep levels elevated closer to tipoff.
The convergence of a long-awaited championship celebration and the debut of one of the league’s most recognizable players has created intense interest among both Knicks and 76ers supporters. Many longtime fans have noted the rising cost of attending games in person, particularly at Madison Square Garden. Primary tickets had not yet gone on sale through official channels at the time prices first surged on resale platforms.
James’ move to Philadelphia marked the latest chapter in a career that already includes four NBA titles, four MVP awards and a record number of All-Star selections. At 24 seasons, he continues to extend longevity benchmarks. The 76ers, who have not won a championship since 1983, positioned themselves as immediate contenders with the dual additions of Brown and James following an organizational shift in basketball operations.
For the Knicks, the opener offers an early measuring stick against a divisional rival that has fortified its roster specifically to challenge them. New York returns its core of Brunson, Karl-Anthony Towns, OG Anunoby, Mikal Bridges and Josh Hart for a title defense. The atmosphere at the Garden is expected to be heightened by the pregame ceremony, which will formally install the 2025-26 championship banner alongside the franchise’s earlier titles from 1970 and 1973.
Ticket platforms reported strong early activity after the schedule announcement on Aug. 11. Listings for lower-level and courtside seats reached well into five and six figures. Comparatively, the 76ers’ subsequent home opener against Cleveland also saw elevated get-in prices relative to recent seasons, reflecting the broader impact of James’ arrival on demand for Philadelphia games.
The NBA’s decision to feature the matchup on national television as part of the season’s first night underscores its commercial and competitive significance. Broadcast partners NBC and Peacock will carry the game, giving a wide audience access to both the ceremony and the on-court debut of the reconfigured 76ers.
As the full schedule release approaches and primary sales begin, prices on the secondary market will remain a point of focus for fans seeking to attend. The combination of historic franchise moments and star power has produced what multiple ticket marketplaces have described as unprecedented early demand for an NBA home opener. Whether those levels hold through October will depend on inventory availability and continued interest in what many view as an early-season Eastern Conference showcase.
The Knicks and 76ers last met in the postseason, with New York advancing decisively. Both organizations enter the new campaign with elevated expectations. For supporters, the path to experiencing that first night in person now carries a substantially higher financial barrier than in prior seasons.
Business
ideaForge Technology shares drop over 9% in two days. JM Financial downgrades rating
Citing strong prospects but a risk of order delays, domestic brokerage firm JM Financial downgraded its rating on the stock from Buy to Add, with a target price of Rs 905 (previously Rs 875), due to the strong run-up in the stock, i.e. 100% in the last six months.
Ministry of Defence’s Drone Procurement Programme
The Indian Ministry of Defence (MoD) has planned a Rs 20,000-crore drone procurement programme, largely focused on tactical and surveillance UAVs. These are expected to be procured through the fast-track procurement route, with an 18–24-month delivery timeline. However, other opportunities under the programme are at various stages of approval, which could defer project awards to FY28/29.
JM Financial’s outlook
According to JM Financial, the company’s Q1 results were strong on execution but weak on order inflows and profitability. Order book at the end of this quarter stood at Rs 257 crore, implying order inflows of Rs 11.2 crore for the quarter, which is significantly lower both year-on-year as well as quarter-on-quarter, as per the brokerage’s note.
While order prospects remain strong with strong policy thrust on procurement of tactical drones, most of the tenders are in the approval phases, which may push the translation of these prospects to inflows to FY28–29. JM Financial expects order inflows to weaken YoY in FY27 and pick up in FY28 and FY29, with inflow estimates aggregating to Rs 1,500 crore over the next two years.
JM Financial expects execution momentum to remain strong in the coming quarters. Management has guided for gross margins to remain at 50–55% in FY27, supported by the execution of high-margin orders. The brokerage estimates revenue to grow at a CAGR of around 47% over FY26–29E as order inflows pick up in FY28/29. It expects operating leverage to drive EBITDA margins from 2% in FY26 to around 30% in FY29, with profit after tax estimated to rise to Rs 27.6 crore in FY28 and Rs 170 crore in FY29.
ideaForge Technology Q1 results
ideaForge Technology reported a gross profit of Rs 33.6 crore, up from Rs 7.9 crore in the year-ago quarter. However, gross profit margin declined to 49% from 62% in the same quarter last year. Revenue from operations stood at Rs 68.6 crore during this June quarter, with the company executing over 20% of its opening FY27 order book, according to a regulatory filing released after market hours on Monday.According to the company’s statement, global supply chain disruptions and component availability continue to pose challenges since the March quarter of FY26. However, the company remains focused on completing delivery of the opening order book of FY27 by Q3 as per customer timelines.
Also read | ideaForge Technology shares slide 5% after Q1 gross profit margin falls 49%
On order book visibility for FY27, co-founder and CEO Ankit Mehta said that the higher operational procurement limits for field commanders of Indian Defence Forces under DFPDS 2026 would accelerate procurement activities in Q3 and Q4, and that the company continues to see regular cycles on the civil side of the business that lean towards Q3 and Q4.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times.)
Business
How To Know If You Are Ready To Franchise Your Business
Franchising can be an exciting way for a successful business to expand its reach, increase brand awareness and enter new markets without relying entirely on company-owned locations.
However, not every successful small business is automatically ready to become a franchise. Turning an established operation into a franchise requires careful planning, reliable systems and a business model that can be successfully replicated by other people. Before deciding to franchise, business owners should take an honest look at their performance, processes, finances and ability to support franchisees.
Is Your Business Proven?
One of the first questions to ask is whether your business has a proven track record. While there is no universal definition of a successful franchise-ready business, evidence of consistent demand, profitability and customer satisfaction can provide an important foundation.
A business that is still experimenting with its products, pricing or basic operating procedures may not be ready to franchise. Franchisees are investing their own money and will expect to receive a business model that has already been tested. Ideally, the original business should have demonstrated that its products or services can generate sustainable demand rather than relying on a short-term trend.
Researching The Franchise Model
Before taking the next step, business owners should learn as much as possible about franchising. Websites such as UK Franchise Opportunities can provide useful information for entrepreneurs researching the franchise business model, including guidance about franchising, franchise opportunities and the considerations involved in becoming a franchisor.
Online resources can help business owners understand the terminology and basic principles of franchising before they begin developing their own franchise strategy. This research can also help clarify the differences between simply expanding a business and creating a structured franchise system that independent franchisees can operate.
Can Your Business Be Replicated?
A franchise needs to be repeatable. If the success of your company depends entirely on your personal involvement, knowledge or relationships, it may be difficult to turn it into a franchise.
Consider whether another entrepreneur could follow your processes and achieve comparable results with appropriate training and support. Your products or services should ideally be delivered through clear procedures rather than relying solely on intuition or individual expertise.
This does not mean every aspect of the business must be rigidly controlled. However, the essential elements responsible for delivering the customer experience and generating revenue should be clearly understood and capable of being taught.
Do You Have Documented Systems?
If you are thinking, franchise my business, one of the most important questions to ask is whether your existing systems are sufficiently documented. Franchisees need clear guidance on how to operate the business, from opening procedures and customer service to stock management, sales processes and marketing.
Creating detailed operational manuals can help transform the knowledge contained within the original business into a system that can be followed by franchisees. Documentation can also make training more effective and provide franchisees with a reference point when questions arise.
If most of your processes exist only in your head or are understood by a small number of employees, more preparation may be required before franchising.
Is Your Brand Strong Enough?
A recognisable and trusted brand can be a significant asset when developing a franchise. Franchisees are not simply buying instructions for running a business; they are also investing in the reputation, identity and customer proposition associated with the brand.
Before franchising, consider whether customers recognise what makes your business different from competitors. You should have a clear understanding of your target market and the reasons customers choose your products or services.
A strong brand proposition can make the franchise opportunity more attractive while providing a consistent foundation for future locations.
Can You Support Franchisees?
Franchising changes the role of the business owner. Instead of focusing solely on customers and employees within your own operation, you will also need to support independent business owners operating under your brand.
This can involve initial training, ongoing advice, marketing support, operational guidance and regular communication. If you do not have the time, resources or infrastructure to provide this support, rapid franchise expansion could create problems.
Consider what a new franchisee would need during their first few months and whether your business is equipped to provide it. Building a suitable support structure before recruiting franchisees can make the transition considerably smoother.
Are Your Finances Ready?
Franchising can reduce some of the capital required for opening company-owned locations, but creating a franchise system still involves costs. Legal advice, franchise documentation, training, marketing, recruitment and operational development can all require investment.
Business owners should therefore have realistic financial expectations and a clear understanding of how the franchisor will generate revenue. Franchise fees and ongoing payments should be structured carefully, while the underlying franchise model needs to provide a worthwhile opportunity for franchisees.
The financial performance of the existing business should also be sufficiently stable to support the transition into franchising without placing unnecessary pressure on the company.
Can You Let Go Of Some Control?
Becoming a franchisor requires a different mindset. You will no longer be the only person making decisions about how each location operates. Franchisees will be independent business owners with their own ideas, management styles and local knowledge.
Although franchise agreements and operational standards provide important controls, successful franchising also requires trust. You need to be comfortable delegating responsibility while ensuring franchisees follow the essential elements of your business model.
If you find it difficult to accept other people making decisions within your brand, franchising may present particular challenges.
Do You Have A Clear Growth Strategy?
Being ready to franchise means having a realistic plan for where and how the franchise network should grow. Rather than attempting to recruit as many franchisees as possible, it is generally more sensible to consider which markets, territories and franchisee profiles are most appropriate.
A measured expansion strategy can help protect the quality of the network. The first franchisees can also provide valuable feedback about training, systems and support, allowing the franchisor to improve the model before expanding further.
Getting Professional Guidance
Even if your business appears ready to franchise, obtaining specialist advice can help identify issues that may otherwise be overlooked. Experienced franchise consultants can assess your business model, help develop franchise systems and provide guidance on areas such as recruitment, marketing and network development.
Professional advice should complement, rather than replace, your own research. Business owners should take time to understand the financial, legal and operational commitments involved before proceeding with a franchise launch.
Conclusion
Knowing whether you are ready to franchise your business requires more than simply having a successful company. You need a proven and repeatable business model, strong systems, a compelling brand and the resources to support independent franchisees. Financial stability and a willingness to delegate are equally important.
Franchising can provide a powerful route to growth when the foundations are right, but rushing into the process can create unnecessary risks for both the franchisor and its franchisees. By researching the franchise model, documenting operations, developing a robust support structure and seeking appropriate professional guidance, business owners can make a more informed decision about whether the time is right to take their company to the next level.
Business
Bergen Carbon Q2 2026 slides: cash burn cut 33%, patent milestone reached

Bergen Carbon Q2 2026 slides: cash burn cut 33%, patent milestone reached
Business
Strike threat looms at South32 as Worsley electricians seek pay rise
Sparkies at South32’s Worsley alumina refinery are threatening to strike unless the company brings wages in line with those by their future employer, Alcoa.
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