How To - See the For and Against Buying a Franchise



Like everything else in life, there are always the For’s and Against’s to be considered.

The For’s of Franchising

  • Less Risk. Because the franchise owner has already overcome many of the problems involved in developing a business there is less risk for you as a buyer of the franchise plus there would be a great deal of experience and knowledge available to you from the franchise.

  • Full Training. Most franchises will offer training to you. Not only in running your business but also in areas such as how to hire and train staff, how to keep good records and how to expand your business.

  • Marketing power. The marketing experience of the franchise will be of benefit to you. This knowledge which would normally cost quite a bit to secure from outside specialists would be part of the franchise benefits.

  • Products are proven. You can be confident that the products or services you are offering are successful because they have been proven over the years by the Franchisor.

  • Available finance. Some franch...

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