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Is it better to buy a new or an existing franchise? |
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When a person decides to go into business for themselves via franchising, their thoughts inevitably turn to which system, and whether it should be an existing outlet or new operation. This article addresses the issue of choosing between a new, start-up outlet (also known as a “greenfield” outlet), or buying an existing franchised business and looks at a number of interdependent factors that contribute to the choices made by franchisees. |
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What happens when parents buy their kids a franchise… |
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Franchisors are noting an increase in the number of franchise applicants who are proposing to pay for their franchise using funds borrowed in part or full from their parents or other family members. This is partly the result of several economic and social trends, outlined as follows: |
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Introduction to Franchising seminars |
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The basics every potential & start-up franchisor & franchisee should know.
(And essential training for new franchisor staff who have no prior franchising experience. 1-day workshop 9am-5pm) Brisbane - Sydney - Melbourne - Perth - Adelaide (See below for event dates) Why attend this course?
Perhaps you already have a business and would like to grow it by franchising?
Or are you an established franchisor with new staff who need some franchise training in order to be job ready?
Are you looking to buy a franchise and need to build your knowledge to make a well-informed investment decision? |
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