Cleaning franchises can offer a range of benefits and drawbacks for aspiring business owners in the cleaning industry. Understanding the […]
If you are thinking of buying a franchise in an established and mature franchise system, you should consider buying an existing business from an outgoing franchisee as there are many benefits to an investment of this nature – staff, customers and cash flow from the start, premises and stock in place and a proven business history to name a few.
While the benefits are clear to see, it is also important that you should not drop your guard when considering this type of purchase. All the rules which normally apply to the purchase of a franchise, apply equally to the purchase of a franchise as a going concern.
Here are the key areas you need to think about:
There is a lot to consider, but taking over an existing established franchise business could provide a quicker route to a higher return, and should be generating income from day one.
Cleaning franchises can offer a range of benefits and drawbacks for aspiring business owners in the cleaning industry. Understanding the […]
Introduction The Starbucks franchise brand has become synonymous with premium coffee and has a global presence with thousands of locations. […]
Manufacturing franchises can potentially build your wealth in several ways: Established business model: Manufacturing franchises typically come with an established […]
Chick-fil-A is a popular American fast-food restaurant chain known for its chicken sandwiches, nuggets, and waffle fries. The company was […]
If you're considering owning a printer franchise, here are some things you should know: Printer Franchise Training and Support Most […]
Is the thought of owning your own business and being your own boss interesting to you? Would you prefer to […]