Thinking about buying a franchise

 Buying a franchise is a big decision. Franchising comes with risks and challenges that can be hard to spot.

Franchisees have to follow more rules and restrictions than other small business owners.

A good franchisor will never make a potential franchisee feel pressured to sign an agreement before they are ready.

Potential franchisees need to take the time to understand how franchising works and know the system and business they are buying.

Investigate the system and the business you are buying

Becoming a franchisee means having to follow most of the franchisor’s rules for how the business has to be run, even if the franchisee doesn’t always agree that those rules are best for their business.

Read More: https://www.accc.gov.au/business/industry-codes/franchising-code-of-conduct/thinking-about-buying-a-franchise



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