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	<title>Rosy McEvedy, Author at Inside Small Business</title>
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	<title>Rosy McEvedy, Author at Inside Small Business</title>
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		<title>Five key steps to building successful licensee business</title>
		<link>https://insidesmallbusiness.com.au/management/growth/five-key-steps-to-building-successful-licensee-business</link>
		
		<dc:creator><![CDATA[Rosy McEvedy]]></dc:creator>
		<pubDate>Fri, 14 Mar 2025 00:00:00 +0000</pubDate>
				<category><![CDATA[Growth]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[consistency]]></category>
		<category><![CDATA[licensee model]]></category>
		<category><![CDATA[values]]></category>
		<guid isPermaLink="false">https://insidesmallbusiness.com.au/?p=32293</guid>

					<description><![CDATA[<p>Learn how IV League Drips built a successful licensee model and expanded its brand, while maintaining high standards.</p>
<p>The post <a href="https://insidesmallbusiness.com.au/management/growth/five-key-steps-to-building-successful-licensee-business">Five key steps to building successful licensee business</a> appeared first on <a href="https://insidesmallbusiness.com.au">Inside Small Business</a>.</p>
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<p>When we first started IV League Drips, we had just one location: Mascot, NSW.  However, as our business grew so did the demand for IV vitamin drips — especially from patients in rural and interstate areas — which meant we needed a scalable way to expand access to our services. Rather than opening new locations ourselves, we decided to transition into a licensee model, establishing it as a separate business named Academy by IV League.</p>



<p>By leveraging our existing business framework, we created a structured model that like-minded professionals could use to replicate our success.</p>



<h4 class="wp-block-heading" id="h-the-most-important-factor-behind-our-success"><strong>The most important factor behind our success</strong></h4>



<p>Building a successful licensee model comes down to consistent brand values – and instilling these values into every licensee who joins our network. When a licensee genuinely cares about the well-being of their clients and committed to providing exceptional service, they can make a real impact in their communities and, ultimately, build a successful business.</p>



<h4 class="wp-block-heading" id="h-choosing-the-right-licensees"><strong>Choosing the right licensees</strong></h4>



<p>Selecting the right people is critical to maintaining the integrity of our brand. However, qualifications alone are not enough. We also seek individuals who demonstrate resilience, determination, and the drive to establish themselves in a new market.</p>



<h4 class="wp-block-heading" id="h-overcoming-challenges"><strong>Overcoming challenges</strong></h4>



<p>One of the biggest challenges we faced in expanding through a licensee model was introducing this type of healthcare into the Australian integrative health sector. Since there was no established roadmap, we had to pioneer our own path by prioritising education, both for our licensees and the broader market. By focusing on education and credibility, we successfully built trust and established our licensee model as a leader in the industry.</p>



<h4 class="wp-block-heading" id="h-maintaining-consistency"><strong>Maintaining consistency</strong></h4>



<p>Consistency is key in ensuring the success of any brand or business but it can also be more difficult to achieve as there are different people behind each branch of the business. So we provide ongoing support to our licensees through direct access to our Account Managers and Head Nurses. We also conduct regular check-ins, including weekly or fortnightly meetings and monthly in-service training sessions. This continuous support system helps maintain a high level of professionalism and ensures that all licensee locations deliver the same exceptional experience to clients.</p>



<h4 class="wp-block-heading" id="h-supporting-licensees-to-stay-aligned"><strong>Supporting licensees to stay aligned</strong></h4>



<p>We maintain an open line of communication with our licensees. By creating a strong community of like-minded professionals, we ensure that our licensees remain aligned with our brand’s mission and values.</p>



<h4 class="wp-block-heading" id="h-advice-for-entrepreneurs-considering-a-licensee-or-franchise-model"><strong>Advice for entrepreneurs considering a licensee or franchise model</strong></h4>



<p>My advice for business owners looking to expand into a licensee model is to surround yourself with the right team, whether they&#8217;re your in-house people – business partners, employees and coaches – as well as external experienced professionals such as solicitors, accountants, and marketing experts. Your team is key in providing valuable guidance and helping build a solid foundation for success.</p>



<p>Additionally, be flexible and willing to adapt. If your business model is pioneering a new space, expect challenges along the way. The key is to remain open to pivoting and refining your approach as needed. With perseverance, the right team, and a commitment to quality, you can successfully scale your business. </p>



<p>Our journey has been one of passion, perseverance, and purpose. By staying true to our core values and focusing on the well-being of our clients, we’ve been able to build a successful and sustainable licensee business — one that continues to make a real difference in people’s lives.</p>
<p>The post <a href="https://insidesmallbusiness.com.au/management/growth/five-key-steps-to-building-successful-licensee-business">Five key steps to building successful licensee business</a> appeared first on <a href="https://insidesmallbusiness.com.au">Inside Small Business</a>.</p>
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		<title>A partner became a rival and a ‘guru’ stole from me – here&#8217;s what I learnt about business</title>
		<link>https://insidesmallbusiness.com.au/management/growth/i-caught-a-marketer-altering-invoices-heres-how-i-rebuilt-my-business-and-trust</link>
		
		<dc:creator><![CDATA[Rosy McEvedy]]></dc:creator>
		<pubDate>Tue, 18 Feb 2025 00:00:00 +0000</pubDate>
				<category><![CDATA[Growth]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[partnership]]></category>
		<category><![CDATA[rebuilding]]></category>
		<category><![CDATA[trust]]></category>
		<guid isPermaLink="false">https://insidesmallbusiness.com.au/?p=32006</guid>

					<description><![CDATA[<p>A business partner became a competitor. A marketer stole from me. Twice, I lost everything – here’s how I rebuilt my business.</p>
<p>The post <a href="https://insidesmallbusiness.com.au/management/growth/i-caught-a-marketer-altering-invoices-heres-how-i-rebuilt-my-business-and-trust">A partner became a rival and a ‘guru’ stole from me – here&#8217;s what I learnt about business</a> appeared first on <a href="https://insidesmallbusiness.com.au">Inside Small Business</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>Imagine building a thriving business from scratch – gaining a loyal customer base, even celebrity clients – only to discover that your supplier payments aren’t reaching their destination. </p>



<p>That’s when I discovered the marketing ‘guru’ I’d engaged to help grow my business was changing the bank details on invoices, re-directing them to himself.</p>



<p>The fall out was brutal – and, to make matters worse, it wasn&#8217;t the first time I&#8217;d been burned by trusting the wrong person. </p>



<p>The first time, I&#8217;d found a business-savvy partner to help me run operations for my brand new business.  After discovering vitamin IV treatments were commonplace in the US, but barely known about in Australia, I had launched a business bringing them here. Things were going really well until my vision diverged from my business partner&#8217;s. We parted ways, and she became a significant competitor in my industry.</p>



<p>In both instances, I was left broke; on the edge of losing everything I&#8217;d worked for.</p>



<p>But in both cases, I pulled through. My former business partner&#8217;s venture eventually faced challenges and closed. I rebuilt my business after the damage caused by the marketing &#8216;guru&#8217;. From both processes, I gained the comforting realisation that I could always rebuild. </p>



<p>Here are the lessons I learnt after rebuilding my business twice.</p>



<h4 class="wp-block-heading" id="h-1-do-your-homework-on-all-potential-partners-and-contractors">1. Do your homework on all potential partners and contractors</h4>



<p>Business partnerships should never be entered into lightly. Take the time to understand potential partners, their strengths, and their motivations. Shared values and aligned goals matter just as much as skills and experience. And most importantly, always have clear agreements in place from day one.</p>



<p>Trust must be earned, not given blindly. Whether it’s a new business partner, a marketing agency, or even a key hire, verifying credentials, checking references, and setting clear expectations can prevent costly mistakes.</p>



<h4 class="wp-block-heading" id="h-2-beware-of-promises-that-sound-too-good-to-be-true">2. Beware of promises that sound too good to be true</h4>



<p>A slick marketer who made big promises about skyrocketing my business, only to drain my bank, was an expensive lesson in due diligence.</p>



<p>Scammers and opportunists exist in every industry. If an offer seems too good to be true, it probably is. Always research thoroughly, seek recommendations, and never make major financial commitments without proof of results.</p>



<h4 class="wp-block-heading" id="h-3-find-mentors-who-have-been-where-you-want-to-go">3. Find mentors who have been where you want to go</h4>



<p>After my second failure, I knew I needed guidance. My father, a seasoned business leader, became an invaluable mentor, helping me refine my strategy and avoid repeating past mistakes. His insights gave me the confidence to rebuild in a smarter, more sustainable way.</p>



<p>No entrepreneur has all the answers, and the best way to fast-track your success is to learn from those who have already walked the path. Seek out mentors who align with your vision, join networking groups, and be willing to take advice from people who have real experience.</p>



<h4 class="wp-block-heading" id="h-4-a-strong-team-is-your-greatest-asset">4. A strong team is your greatest asset</h4>



<p>The biggest turning point in my business came when I finally assembled the right <a href="https://insidesmallbusiness.com.au/people-hr/leadership/the-importance-of-assembling-the-right-team">team</a>. Finding employees who shared my vision, took ownership of their roles, and were invested in the company’s success made all the difference. A business isn’t just about the founder – it’s about the people who help bring the vision to life. A dedicated team will push your business forward, support you during tough times, and contribute ideas that help the company grow.</p>



<p>After losing everything twice, I could have given up. But instead, I chose to rebuild with a new approach: being more selective about partnerships, protecting myself from scams, and investing in the right team. Those changes didn’t just help me recover – they helped me thrive.</p>



<p>If you’ve faced business setbacks, know that failure is only final if you let it be. With the right people, a smarter strategy, and a commitment to learning from past mistakes, you can rebuild stronger than ever.</p>
<p>The post <a href="https://insidesmallbusiness.com.au/management/growth/i-caught-a-marketer-altering-invoices-heres-how-i-rebuilt-my-business-and-trust">A partner became a rival and a ‘guru’ stole from me – here&#8217;s what I learnt about business</a> appeared first on <a href="https://insidesmallbusiness.com.au">Inside Small Business</a>.</p>
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