Buying a franchise

 Franchising is a business relationship in which you (the franchisee) pay the owner of a business (the franchisor) for the right to market and distribute their goods or services over a fixed period.

Buying a franchise can be a smart move, particularly if you haven't owned a business and have no experience being self-employed. Ideally, franchising secures an established brand for a product or service. It provides a proven business model and marketing system, which reduce typical start-up risks. Most franchisors also provide ongoing training and support.

Read More: https://www.business.qld.gov.au/starting-business/buying-business/buying-franchise



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