Franchise Advice

Franchise Advice - Featured Services

Financial Advice

Would buying or setting up a business from a well-known franchise brand be a guarantee that it will be financially successful?

... While buying a well-known brand with strong systems will go a long way towards putting to on the road to financial success, it is not in itself a guarantee. The profitability of individual franchises in a franchise ...

View all questions for Westpac Banking Corporation

What are the top five ways to get the most out of your franchise?

... Learn the system inside out. Your franchisor has invested time, money and industry expertise into developing robust systems for you to use. So it pays to do all the training you can, then follow those systems religiously ...

View all questions for Commonwealth Bank of Australia

Legal Advice

I’ve chosen a franchise business I’d like to purchase. What should I do next?

... Before seeking your own legal advice on buying a franchise, the following is a useful checklist: 1. Obtain from the franchisor all agreements and the franchise disclosure document that the franchisor is required to provide ...

View all questions for Stephens Lawyers & Consultants

What is the ‘Brand’ and why is it that franchisees pay significantly for it?

... Franchisees purchase a franchise based on the brand, system, intellectual property and or product or service, which it delivers. What are you paying for and does it really exist? What's a brand name? Though a product ...

View all questions for DC Strategy

I am in dispute with my franchisor, what do I do?

... There is a mandatory dispute resolution procedure in the Franchising Code of Conduct. Either the franchisor or the franchisee can commence this procedure at any time. This procedure ensures that if you are able to meet ...

View all questions for Mills Oakley Lawyers

What are the restrictions on me, as a Franchisor, accepting deposit monies from an incoming Franchisee?

... I am a Franchisor and an existing Franchisee is selling their business. The Franchisee has given the buyer a copy of their existing Franchise Agreement and Disclosure Document. With the recent amendment to the Code, what ...

View all questions for Wisewould Mahony - Franchise Lawyers

Business Advice

How do I tell if a franchise system is really successful (or not so successful)?

... Look beyond the brand and the advertising and marketing material to the substance of the success or otherwise of existing franchisees. The best way to do this is to meet a good cross-section of franchisees and ask them ...

View all questions for DC Strategy

Are you franchisee material?

... Buying a franchise has been a very rewarding experience for tens of thousands of Australians. Like any major investment, you should be totally thorough in your planning and preparation before satisfying yourself that ...

View all questions for Franchise Systems Group

How is it best to find out accurate information about a franchise opportunity?

... If you haven’t read "What questions should I ask myself before I decide to buy a Franchise?", then go read it now! We are looking for something you can love, and, just like a marriage, there is going to be good times, ...

View all questions for Franchise Works

What is the future of franchising in 2009?

... That’s a hell of a good question. We will see different trends for different industries, and different trends for different companies within those industries. However in over all terms we will see more franchise systems ...

View all questions for The Franchise Shop

How to pick a franchise & avoid the failures!

... If you like the idea of being self employed yet entering the marketplace with an already established business then a franchise might be a good opportunity for you. However, there is a lot to learn about franchises before ...

View all questions for Franchise Selection

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