Australian Franchise News – 15-11-10
The JCI (Junior Chamber International) Creative Young Entrepreneur Award was launched in 2005 and is designed to recognise outstanding young entrepreneurs. This award is administered by JCI in partnership with Flanders District of Creativity (FDC).
Entering the business world at the age of 16, Smith saved his pennies by trading the share market and completing odd jobs to start braaap out of his parent’s garage. Smith travelled to China at 18 to find his own suppliers and manufacturers to meet his needs and began importing product to Australia to sell.
Five years later, braaap has four stores across Victoria and Tasmania including one franchised operation. The business makes and imports about 2000 custom motocross bikes a year. Commenting on future plans Smith said “I’ve got a five year expansion map in place to open around 50 franchise stores across Australia, with the help of DC Strategy. I’ve also begun negotiations to enter the US market in early 2011.”