If you currently own a great business and have thought about growth thru franchising then we encourage you to contact our team. Many well-known brands such as McDonalds, Domino’s Pizza, Gloria Jeans etc have used franchising to help fund and accelerate their growth from local businesses into leading national and international brands.
Australia is the most-franchised nation (per head of population) in the world; this means that awareness to franchising is at an all time high. Many individuals and organisations with existing businesses therefore see franchising as a preferred way to expand their business.
Australia also has some of the world’s most stringent franchising legislation which means there is little or no margin for error for “new” franchisors. Consider the following to understand if your business can be franchised.
To work out if your business is franchise worthy, consider the following:
What professional advice should you seek?
Franchise consultant – choose franchise consultant with a verifiable track history in growing brands. They will be able to implement a program of industry best practice in establishing and then growing your brand.
Accountant – a good commercial accountant can assist you with your financial planning, including your business plans .
Solicitors – use a specialist franchise solicitor to assist you in establishing your franchise trading structure and necessary disclosure document and franchise agreement. The franchise Council of Australia is a good source of such professional or contact us for more information.