Do you have what it takes to become a franchise star performer?
Australia has a rich franchise environment full of diverse franchising opportunities and in most cases provides a solid foundation for a successful business.
It’s easy to get in, not always so easy to get out. But understanding the rules around exiting a franchise helps.
The concept of a marketing fund in a franchise network is undeniably a great idea and provides a means of injecting much needed marketing money into a network.
Do you trust your franchisor? Trust is fundamental in a franchise relationship, so what can franchisors do to gain the confidence of franchise buyers?
Don’t get caught out by all the fuss on workplace legislation and overlook your disclosure document.
How will you finance your franchise purchase? The family home is often used as collateral…but should you mortgage it to take on a business?
Even before you enter into a franchise business, be sure you have an exit strategy in mind so you can work toward it without unexpected problems.
Information technology is an integral part of business today, so franchise buyers need to understand the role of an IT agreement.
Dealing with a difficult franchisee can be problematic when locked into a contract and trying to maintain a business relationship.
If you’re considering buying a franchise, you’ve probably been given an overload of information from the franchisor and might even feel that you can wade through this information yourself.
The Fair Work Act can affect the franchise sector, so you need to make yourself aware of what is involved and find out how you can avoid being put at risk for contraventions.