What is a Franchise?
The International Franchise Association defines franchising as a “continuing relationship in which the franchisor provides a licensed privilege to do business, plus assistance in organising training, merchandising and management in return for a consideration from the franchisee”.
How can we help you?
Bottrell Business Consultants realise buying a franchise is a big decision which needs to be planned and considered extensively. You may be investing A significant amount of your hard earned money and we understand the importance of the quality and safety of your investment.
Pre Purchase Review
Before you take your investment to the next stage allow yourself peace of mind in making this life changing purchase.
By completing a pre purchase review you will be allowing an accountant to work through the figures and financials of the franchise to ensure the business will be beneficial for you.
The results of completing a review will give you access to the following valuable information:
- The level of sales you need to achieve to earn a decent living
- How much you need to pay your bills
- Important financial questions to consider and discuss with the current franchisor
Bottrell Business Consultants have extensive experience in Business Accounting and Advice for Franchises and can assist you in completing a Pre Purchase Review.
A Business Plan is an essential first stage to your franchise purchase. The plan will outline the steps and identify the actions you need to take to achieve your business goals.
Our business plans are created using a straight forward and practical approach with easy implementation and clear action points to follow. We base our business plans on our experience from working with a wide variety of franchise businesses, this means you to have a current and functional business plan that suits your specific needs.
Business Plans are best to be prepared before the purchase of the franchise. If you are seeking finance for the franchise purchase, a business plan is required by banks to accompany your application.
Bottrell Business Consultants specialise in Business Planning and Advice for Franchises and have advisors on hand to assist you with your Business Plan.
It is important to obtain a trading structure to operate your business through.
The structure has significant consequences for dealing with your exposure to trading risks and to best deal with taxation. Due the complexity of this area it is advised that you should attain specialist assistance.
Bottrell Business Consultants being specialist franchise accountants can recommend the best trading structure for your situation whilst also carefully considering your full financial position before recommendations are made to ensure you receive the best result possible.
Did you know Bottrell Business Consultants specialise in franchise businesses?
For more information contact our expert team on 1300 788 491 or email firstname.lastname@example.org