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Clever Franchise Buyers


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Clever Franches Buyer or Smart Franchise Buyer?
Factors affecting Franchise Buyer..

Published in: Business
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Clever Franchise Buyers

  1. 1. FRANCHISE BUYER CLEVER Tuesday, 9 July 13
  2. 2. 1200 Franchises in Australia You can spend $10,000 to $1,000,000 Choice Retail Service Distribution Tuesday, 9 July 13
  3. 3. Threshold Questions In Franchise Business How many franchise outlets does the company have? How long has franchisor been in business? & Proof of Concept At least 4 years history of franchising At least 10 stores Tuesday, 9 July 13
  4. 4. Are the other franchisees happy? Good Find reason Interview other Franchisees Do a Survey Bad Tuesday, 9 July 13
  5. 5. Does Franchise Have Accreditation With Banks? Major Banks of Australia Keen to lend on purchase of Accredited Franchises *Own rating system for Franchise Good Sign for Franchise!! Tuesday, 9 July 13
  6. 6. Does The Franchisor,As Well As Providing Operational Systems, Provide Adequate Marketing Systems? Too often a franchisor equips the franchisee with the necessary business model still fails Marketing Systems sucess Tuesday, 9 July 13
  7. 7. Is It Too Easy To Buy A Franchise Sells the Franchise in 20 minutes of interview Buyers needs to be careful in buying such a franchise Business might be Shrinking Difficult to buy a franchise from seller Might be a better offer for you. Business is success Tuesday, 9 July 13
  8. 8. For Advice OnYour Buying Your Franchise BCI Business Brokers Tony Arena (Managing Director) 3/1 Alexander Street, Crows Nest, NSW, 2065 Phone: +61 2 9439 3399 Mobile: +61 411888148 Email: Tuesday, 9 July 13
  9. 9. Maximise BusinessValue For help in maximising your business value take a look at our product maximise.html Tuesday, 9 July 13
  10. 10. For More Information About How ToValue A Business PleaseVisit Our Website Tuesday, 9 July 13