How much will it cost to start a franchise for example legal documents, manuals, marketing etc?

Sarah Stowe

The cost of developing a franchise ranges dramatically depending on the nature of the business, size of the project and required speed to market and the accountants, consultants and legal advisors you choose to work with.

It is not uncommon for a franchisor to invest anywhere from $50,000 to $200,000 in their development of the franchise which would ordinarily include feasibility analysis, development of the commercial model, legal documentation, marketing and setup costs (infrastructure).

While the initial outlay may appear prohibitive to many, it is important to work with specialist advisors in the relevant field to ensure that you Òget it rightÓ from the outset and minimise the risk of any ill-advised investment, disputation and more importantly a growth strategy that is difficult to implement. Our experience has proven getting it right the Ôfirst timeÕ can put you miles ahead of your competitors.