Owning a Fifo Capital business franchise examined by franchisee Andrew Allen

Having held a Senior Marketing Executive position with one of Australia’s top four financial institutions, Andrew Allen sought a change of career that would offer him a greater work/lifestyle balance, whilst providing an attractive return on investment.

When comparing the Fifo Capital business finance franchise to other franchises, it was Fifo’s business to business proposition, their proven and successful product and their training and support systems which set Fifo apart from the others.

Andrew had no prior experience with invoice finance, but in talking to a Fifo Capital representative, he found their product and business model to be relatively straight forward and uncomplicated.

From the outset, Andrew has found both the training and support to be of a very high level. From marketing to processes and systems, the business model is very complete. The staff at the business finance franchise are very experienced, supportive and highly responsive, providing Andrew with a huge amount of confidence in the business model.

Andrew’s greatest challenge as a Fifo Capital business finance franchisee has been generating awareness and educating the market of the Fifo offer, as it is genuinely unique. His other challenge is having enough funds to keep up with customer demand.

Andrew explained that the most rewarding aspect of owning a Fifo Capital business services franchise is the short time it has taken to recoup the capital outlay. “In fact, one of the most satisfying aspects of the franchise is my return on investment. Additionally, having the chance to own and operate my own business and meet many like-minded individuals in the small business space, has also been satisfying.”

Andrew concluded by saying “If you're prepared to put in hard work and are in it for the long-haul, then you can't go wrong.”