7 things to investigate before you buy a franchise

When you start looking for small business ideas, business names and advice on how to start a business, the franchise business model can look really appealing.

Buying a franchise can be a great pathway to running your own business. You could reap the benefits of an established brand with a popular product or service and a great reputation. There’s also access to support with advertising and marketing, and operation manuals to streamline the way you run your business.

On the other hand, franchising gives you much less control of how, where and for how long you run your business.

Before you buy a franchise, it’s important to seek advice from an experienced business adviser, accountant or lawyer. Here are some tips to consider before you commit to a franchise.

https://www.smallbusiness.wa.gov.au/blog/7-things-investigate-you-buy-franchise  



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