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

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

What questions should I ask myself before I decide to buy a Franchise?

... We at Franchise Works believe that deciding to become a franchisee should resemble deciding to become a husband or wife! Firstly, and most importantly, you need to have a strong passion for the business and the business ...

View all questions for Franchise Works

How much will it cost to start a franchise - Eg: Legal document, manuals, Marketing etc?

... The cost of developing a franchise varies a great deal between consultants. We have seen many examples where prices are peaking at $100,000 - $150,000 per franchise development. At The Franchise Shop we pride ourselves ...

View all questions for The Franchise Shop

How to find the right franchise opportunity for you

... If you are looking for a franchise opportunity, the choice is mind boggling. There are literally over a thousand different types of franchises available in Australia for you to choose from and there will probably be more ...

View all questions for Franchise Selection

Legal Advice

How flexible is the Franchising Code of Conduct?

... The Franchising Code's stated purpose is "to regulate the conduct of participants in franchising towards other participants in franchising". In the period of more than a decade since it became a mandatory industry code, ...

View all questions for Mason Sier Turnbull

I wish to take my franchise business overseas. What must I do before expanding? Where are the current market opportunities?

... Successful international expansion of a franchise system can be rewarding and result in business growth and profits. However, this complex process does not suit every company. You should begin by ensuring that your trade ...

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

Isn't the franchise agreement standard? Why obtain legal advice.

... No. There is no such thing as a standard franchise agreement. Each franchise system has its own current standard franchise agreement but franchise agreements vary dramatically from business to business. It is important ...

View all questions for Mills Oakley Lawyers

I’m looking at purchasing a Franchise. Can I contact existing Franchisees to find out what they think of the Franchisor and the Franchise system?

... Yes, and in fact we recommend that you certainly do so. A Franchisor must give you a Disclosure Document for the Franchise at least 14 days before you enter into a Franchise Agreement or make a non-refundable payment ...

View all questions for Wisewould Mahony - Franchise Lawyers

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