franchise.co.nz – PUTTING PEOPLE IN BUSINESS
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It’s no secret that New Zealand’s lending landscape has become more
conservative in recent times, impacting credit scores and the ability for
people to obtain unsecured loans. The tougher economic climate has also
contributed to headwinds facing both new and existing business owners.
In the franchise sector, prospective franchisees face a significant roadblock
when purchasing a business if they can’t secure the necessary funding
through traditional means. Forward-thinking Franchised Businesses Limited,
the company behind both the Hire A Hubby and Green Acres brands, have
launched a direct solution that addresses the financial roadblock for some of
their would-be franchisees.
Trusted pathway
A new strategic partnership between Green Acres, Hire A Hubby and MTF is
the result of seeing too many promising franchisees having to walk away from
purchasing a business because they couldn’t secure the necessary funding,
says Jason Hill, General Manager Green Acres and Hire A Hubby.
He describes the partnership as a ‘game-changer’ because it provides a
trusted, secure and accessible pathway for Green Acres and Hire A Hubby to
assist their prospective franchisees into a viable business. “As far as we are
aware there is no other franchise system in New Zealand offering this type of
finance integration.”
Jason says the feedback since launching the partnership has been
overwhelmingly positive. “For example, a recent successful MTF
application in Christchurch helped one of our prospects secure a significant
home and commercial cleaning business. With this new source of funding,
existing franchisees have also been able to purchase additional equipment,
which allows them to expand their business further, and in turn,
improve profitability.”
Franchisees helping franchisees
“It’s true that no one understands the ups and downs of franchise life better
than someone who’s living it themselves, which is why this unique new
franchisee community creates a powerful connection,” says MTF partnerships
success manager Jamie Moran.
With 55 MTF franchisees across New Zealand, MTF is well placed to support
the growth of local businesses. In effect, one franchisee is investing in the
success of another.
“This partnership isn’t just about financial support, it’s about building lasting
relationships, Jamie explains. “The shared experience and trust between us
make this an invaluable collaboration.”
“It also means prospects can get in front of a real person at a local level and
start a relationship to address the future requirements of their new business,”
says Jason, “With MTF providing finance options to purchase all the assets
required to operate the business, such as vehicles and equipment.”
Regular business advice
While the new partnership with MTF is a game-changer, Jason points out that
Green Acres and Hire A Hubby franchisees have for a long time been well
supported with regular financial management guidance.
“Our team of business advisors works with franchisees on critical tasks such
as budgeting and cashflow management to ensure their business always
remains healthy and on track,” he explains. “This includes regular business
plan reviews and goal setting sessions.
“Our partnership with MTF enhances our capability in this area too. We
really like that a franchisee can visit their local MTF money expert, who also
happens to be a franchisee and totally understands the local community, and
can work closely with that franchisee to support their business goals.
“Both parties share a commitment to their market position and have a similar
set of values. It’s worth remembering that Green Acres has been around for
more than 30 years and MTF for 50 years. Our franchisees have also found
that MTF provides a simple and easily accessible application process, and
clear communications to help them understand the differences between this
path and more traditional funding methods.”
Perfect timing
The timing of the partnership is significant, explains MTF’s Jamie Moran,
“There has never been a more crucial moment to champion local business
and strengthen community connections; Hire A Hubby, Green Acres, and
MTF are united by resilience and the ability to thrive in any economic climate.
“These three iconic Kiwi success stories haven’t just stood the test of time –
they’ve consistently led, innovated, and expanded in the face of challenges.
It’s this shared ambition and drive that creates a foundation for a successful,
sustainable partnership.”
“Green Acres and Hire A Hubby have franchise opportunities available
nationwide from between $25,000
to $50,000 plus vehicle and
equipment, depending on the
level of income and the specific
franchise type,” says Jason, “So,
if you have been holding back
because of difficulty with funding,
contact me today to find out
more about how we can now
help you get started on your
franchise journey.”
A recent announcement by Green Acres
and Hire A Hubby opens new financial
doors for prospective franchisees
GAME
CHANGING
PARTNERSHIP
Opportunity: Home Services
Franchisees helping franchisees - Paul Bolton,
Green Acres Lawn & Garden Auckland and
Glen Archer, MTF Howick & Pakuranga
Green Acres & Hire A Hubby
www.greenacres.co.nz/franchise
www.hireahubby.co.nz/franchise
Contact
Jason Hill
0800 803 200
jason@greenacres.co.nz
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