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Log In / Register | Dec 21, 2014

Harvey Norman Reduces Franchisee Costs

In an unusual act of vision for franchisors Harvey Norman has taken almost unprecedented measures in reducing royalties and rents while increasing advertising support during a time of increased competition and sector discounting. 

Investment Bank Concludes Icon's Franchise Model Unsustainable

From Harvey Norman's 2011 Annual Report, cover page

photo from Harvey Norman's 2011 Annual Report

The Harvey Norman franchise in Australia is the largest retailer of its kind and mostly due to  its long history of constant marketing. Franchisor Gerry Harvey, one of Australia’s wealthiest men, must now review the franchisee financial model.

Aussie Franchisor Who Would Be Economic Indicator

Over the last few years Australia's Gerry Harvey created a brand that doubles as the economic health meter for retail and small business. 

Is Franchising Flawed?

In Australia we have a white-goods salesman by the name of Gerry Harvey who moved into franchising many years ago.