Business In Gold Coast

 Hey people, I never thought I would be ready to own a business. However, with a franchise for sale, I had to do nothing but get ready to run a franchise. I was overwhelmed by the whole experience, but my brother brought to me my senses. He told me about the five stages of franchise growth and told me that I had to follow the terms and conditions of the franchise agreement by all means. It took me some time to understand it, but I got to know about the launch stage, establishment stage, and growth stage. Now I am looking forward to the maturity stage. Here is an article that will give all the details about these five stages.  https://www.franchise2sell.com.au/blogs/franchise/what-are-the--stages-of-franchise-growth

 A new report released today by Screen Australia shows a record-breaking level of expenditure on drama productions in 2020/21, but Screen Producers Australia (SPA) has rung alarm bells as most of the growth has come from foreign productions. Screen Australia’s 31st annual ‘Drama Report’ found $1.9 billion was spent on drama productions in Australia, made up of $1.04 billion on foreign productions produced or post-produced here, and $874 million on Australian-backed projects. This compares to a pre-pandemic spend of $413 million on foreign productions and $797 million on local content in FY19. Read More:  https://www.businessnewsaustralia.com/articles/australian-drama-productions-hit-record-expenditure.html

 Woolworths Group (ASX: WOW) shares dropped by more than 9 per cent this morning after the retailer's CEO Brad Banducci described the current period as "one of the most challenging halves we have experienced in recent memory", citing direct COVID costs of $150 million for the Australian Food division. The group is also forecasting elevated operating costs of $60-70 million because of the indirect disruption to stores and distribution centres from operating in a COVID environment. The group estimates EBIT of $1.19-1.22 billion, which is at least 20 per cent lower than the FY21 result ex-Endeavour Group - a drinks and hotels business that was spun off through a demerger in June. Read More: https://www.businessnewsaustralia.com/articles/woolworths-shares-plunge-as-covid-costs-bite.html

 Sydney-based apartment king Harry Triguboff has upped the ante on the Gold Coast with plans for a second mega development on the Surfers Paradise foreshore, this time a twin-tower project. As Triguboff’s Meriton group edges closer to completing the largest and most expensive tower it has ever built on the Gold Coast, the 76-storey Ocean, the company is ramping up plans for a $600 million twin-tower development for a site bought earlier this year from Singapore developer Banyan Tree. Meriton has lodged plans with the City of Gold Coast to deliver 637 apartments to a market that a recent Urbis report described as undersupplied. However, half of them will likely be rentals. Read More: https://www.businessnewsaustralia.com/articles/triguboff-ups-the-ante-on-the-gold-coast-with--600m-twin-tower-project.html