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    Should I buy a franchise? [video]

    Posted by James Price | JPAbusiness on 16-May-2018 02:00:00

    We have written a number of blogs on franchising and also created a free Buying a Franchise Planning Sheet.

    This week I've published a video highlighting 4 issues you should consider very carefully before buying a franchise.

    Continue reading...

    Topics: Buying a business, Franchises, Video, business advice, buying a franchise, vendor due diligence

    Template – Buying a Franchise Planning Sheet

    Posted by James Price | JPAbusiness on 21-Mar-2018 02:00:00

    Buying a franchise may, on the surface, seem like any other business purchase.

    However, a franchise is a special type of business in which the brand and business operational model has been systematised.

    A franchise may have additional, more complex requirements for a buyer to consider and meet, but they also tend to come with more ongoing support than regular businesses.

    We have created the JPAbusiness Buying a Franchise Planning Sheet to help business buyers assess potential franchise opportunities.

    Continue reading...

    Topics: Buying a business, Free download, Template, Franchises

    Should I buy a franchise? [blog]

    Posted by James Price | JPAbusiness on 21-Mar-2018 02:00:00

    I read with interest a recent Sydney Morning Herald article about franchising and the questionable activities of some of Australia’s largest franchising groups.

    Some very disgruntled franchisees were represented in the article, which also contained views on the pros and cons of the franchise model.

    The story reinforced some of my long-held beliefs about franchising, namely that the model sets up an environment perfect for conflict: a franchise is about doing it the franchisor’s way, not necessarily about doing what makes good, solid business sense.

    Continue reading...

    Topics: Buying a business, Franchises, business advice, buying a franchise

    4 questions to consider when buying a franchise [blog]

    Posted by James Price | JPAbusiness on 08-Jul-2016 16:00:00

    Buying a franchise may, on the surface, seem exactly the same as buying a business.

    Principally they are the same, except with a franchise the brand and business operational model has been systematised.

    While the operational and other support mechanisms that come with a franchise are appealing when compared to an independent business, it’s important to consider the additional requirements and costs you may have to meet.

    Continue reading...

    Topics: Buying a business, Due diligence, Franchises, Starting a business

     
    Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
     
     

     

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