Five things to know before buying a franchise
A lot of people who buy into a franchise are fulfilling a life long dream to work for themselves. But many don’t have much business experience and have often come straight from a job. Here are five things franchise owners say you need to know before you buy in:
– You won’t make a profit right away
– You need to do your own marketing,
While the franchise head office will take care of the national or statewide marketing, franchisees still have to spend significant time and resources promoting their business in their own territory.
– The franchisor won’t do the work for you
– Demands from the franchisor
– Paperwork
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Join the Market Leader in 2016 – Accounting Traineeships
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Apply now to Tara Skippen on tara@bottrellaccounting.com.au – send resume & cover letter
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Offices – East Maitland | Newcastle | Sydney | Melbourne | Brisbane | Gold Coast
Bottrell Business Consultants Pty Ltd – Chartered Accountants and Business Advisors.
The Bottrell group incorporates Bottrell Business Consultants, Bottrell Accounting & Taxation, Maitland Accounting & Taxation, East Maitland Accounting Services and Mobile Bookkeeping & Recruitment.
Our group of businesses & links include the following companies (& our websites);-
- Bottrell Accounting & Taxation – Visit out website
- Bottrel Business Consultants Pty Ltd – Visit our website
- Maitland Accounting & Taxation – Visit our website
- East Maitland Accounting Services – Visit our website
- Mobile Bookkeeping & Recruitment – Visit our website
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