The Franchise Association of New Zealand was formed in July 1996. Prior to that, the Association was a Chapter of the Australian-based FAANZ (Franchise Association of Australia & New Zealand). Start to read the Tips to Do Business in New Zealand guide for professionals. And get information about Jobs in New Zealand and employment news. The New Zealand Association became independent because of legal and other differences between the two countries and the split was entirely amicable with both Associations pledging to work together on matters of mutual interest. Please also come to visit our popular Franchise Opportunities in New Zealand Blog Site with Videos, where you can Find, Offer or Search for more Franchise Information and Business Opportunities in New Zealand.
New Zealand Franchising Opportunity Today
The Franchise Association of New Zealand Incorporated was founded to bring together members of the franchise community to share information and experiences, set standards and promote best practice in franchising. Membership is open to franchisors, franchisees, and master franchisees as well as professional advisors or individuals with an interest in franchising. The Franchise Association of New Zealand represents those concerned with promoting high-quality franchising both in New Zealand and around the world. It is a member of the Asia Pacific Franchise Confederation and the World Franchise Council.
New Zealand Franchising Business
Junk food wars – who’s winning in NZ? Domino‘s is snapping up market share from not only its pizza-selling rivals but also players in the wider fast food sector including burger chains, its chief executive says. The ASX-listed company, which recently opened its 100th New Zealand store, today reported a 44 per cent lift in underlying annual net profit to a record A$92 million ($98m), which was well ahead of guidance. Total network sales reached A$1.96b ($2.1b), a 32.7 per cent lift on the same period a year earlier. While the overall pizza market is posting annual growth of around 2 per cent, Domino’s reported full-year same store sales growth of 14.8 per cent for Australia and New Zealand and 10.9 per cent for the group as a whole. NZX-listed Restaurant Brands – which operates Pizza Hut, KFC, Starbucks and Carl’s Jr – reported more modest same store sales growth of 5. financial year. And Pizza Hut’s same store sales grew by only 2.6 per cent.