10
Franchisenews
DECEMBER/JANUARY 2010
NEWS
New launch
SHORTS
■ SUCCESSFUL AUSTRALIAN based speciality
EUROZONE OUT OF RECESSION home retailing company, Howards Storage World,
Between July and September 2009, is branching out into the UK for the fi rst time, after
the 16 countries that use the euro it awarded the master franchisee rights to Scottish
collectively grew 0.4 per cent. businessman Martin Brown.
The venture is set to create around 40 jobs
THAT’S SHOW BUSINESS within the fi rst year, with future plans to open
Razzamataz, the theatre schools that more than 50 stores across the UK in the next
came to prominence on the BBC’s fi ve years, generating a further 600 jobs and a
Dragons’ Den, has now steered projected turnover of approximately £50 million.
students towards success in television, Martin commented: “Howards Storage World
commercials and on the stage. The is one of the fastest growing brands in Australia –
new CBeebies programme Into The it has enjoyed a revenue growth of more than 45
Blue features Razzamataz pupils, as per cent in the last three years.”
does the current soft drinks Irn Bru The launch of Howards Storage World aligns
advert and the touring West End itself with the recent trend in new franchises in
production of AbbaMania. Winners the UK that were started in Australia. CEO Dirk
of a new TV game show CopyCats are Spence said: “The retail market in Australia is
also Razzamataz students. tough – there are so many retailers fi ghting for
the small market spread across a vast country,
plus we also have very stringent franchising laws.
“So, if it works in Australia the chances are you
have got a very strong model, and if it is a needed
product in another country, the chances are it can
work well there too.”
Master franchisor Martin Brown
GAMEKEEPER TURNS POACHER
What better endorsement for a
franchise than when Revive! Business
Development Manager Denzil Evans
reaches into his own pocket to buy a
territory. Denzil said: “I know the set-
up inside out and have no hesitation in
buying my own Revive! franchise. I’ve
seen the success of the business model
first hand and have all of the skills I
need to do the job.”
Help for SMEs
■ LLOYDS BANKING Group has launched John Maltby, managing director,
a new 2012 Charter, setting out a series of commercial of Lloyds Banking Group, said:
STAT OF THE MONTH commitments to help small and medium “Just as businesses needed support during
sized businesses grow as the recovery gains the depths of the downturn, it is critical that
30.9 %
momentum. we give them the right guidance and help
The new Charter covers business customers them grow as the momentum of recovery
across both Lloyds TSB and Bank of Scotland and starts to build.
includes measures to help 300,000 new SMEs start “There is no doubt that business
up by 2012. optimism is the foundation of any economic
It sets out to help stimulate demand and boost upturn and through the pledges we have set
Increase in Papa John’s
access to fi nance for SMEs; provide guidance to out we hope to give businesses across the
Pizza sales in the last year help businesses grow successfully; and clarify the country the confidence they need to grow
terms on which the group will lend to its customers. and lead the UK out of recession.”
December/January 2010
www.businessfranchise.com
BF008-010_News_Dec/Jan09.indd 3 19/11/2009 09:46
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