Edition Forty Nine of The Insider

Hi,

Welcome to the Inside Franchising newsletter.

In this week's edition, Advice Centre member, Wisewoulds Lawyers, answers one of Inside Franchising's most frequently asked questions :

What do I need to consider before buying a franchise

A good franchise should have

·         Quality products and services with longevity (no passing fads)
·         Strong well-known public image – growing in the market
·         Professional management
·         Ability to duplicate success
·         Ability to create profits
·         Opportunity to grow and create financial strength
·         The ingredients to make it successful for you

A good franchisor should be

·         Well established and financially secure
·         Experienced in business and management
·         Effective in communication
·         Willing to train, assist and be there
·         Entrepreneurial and future orientated – research and development
·         Undertaking strategic planning
·         Member of FCA (preferable)

A good franchisee should be

·         Willing to accept the franchisor as controller
·         Able to manage and accept responsibility
·         Motivated and dedicated to hard work
·         Have sufficient financial standing and back-up
·         Be team orientated and not an individual or loner
·         Going in for the ‘right’ reasons
·         People orientated and communicative

Click here to view the full article from Wisewoulds Lawyers

Join us next week when we will be looking at what is needed to make your franchise idea a reality.

FEATURED FRANCHISE FOR SALE LISTINGS THIS WEEK :

Now you really can have it all … business, family and the great outdoors, when you join Australia’s most family-friendly franchise, Johnno’s Camper Trailers.



With 20 newly listed
Franchises for Sale
be sure to take a look at Johnno's Camper Trailers TODAY!

Are you still looking for the perfect opportunity for you?  We are happy to present to you just a small sample of franchises for sale and available today.  Click on the franchise icons below to go directly to their profile, or to view our entire list of 450 plus franchise opportunities please visit the Franchise for Sale and Franchise System Profile pages of our website.

Be sure to visit us at www.insidefranchising.com.au

There is always a lot to see and do !

 

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VISIT US IN COMING WEEKS FOR SOME GREAT SPECIAL OFFERS

*The content of all news items published in this newsletter are published in good faith and are reproduced from information provided by the individual companies the subject of said news items. Inside Franchising Pty Ltd takes no responsibility whatsoever for information and content being true and correct.