Franchising Advice
Learn more about making the choice to become a Franchisee, by reading the following articles.
Expert
What are the total costs of buying into a franchise?
Are there any hidden costs? What’s in the fine print? How much money do I really need to start a franchise business?
Most franchisors charge an Initial Fee to cover some of the costs for setting the franchisee in business. On-going fees are usually charged weekly or monthly, a... | | Read More ... |
What a Business Plan can do for you and how to use it…
Running a business without a business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim. And the process will surely be a death-defying one.
Contrary to popular practice, a business plan is not a means to securing f... | | Read More ... |
We have all heard statistics about social media use in Australia increasing, 10.4 million Australians are on Facebook and it is said smart phones will be the primary business tool by the end of 2013. Goodbye laptops. But what does this mean for you as a new business owner and what impact can it have on your marketing results in... | | Read More ... |
In discussions with Franchisors about Franchisees selling their business we often hear the following:
"Who have you sold your franchise to?"
"What information did you get before you bought?"
What do you mean they have already taken over?"
"We should have met before now."
"... | | Read More ... |
In today’s busy world of small business, and franchising, it is vitally important to minimise the risks involved, in what is potentially the largest investment of time and money that you will make of a life time.
Risk and reward can often go hand in hand; this of course means that the greater the risk then the greater the ... | | Read More ... |
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