Assessing franchise opportunities

Before you buy into a franchise, carefully consider all the legal, financial and business implications. Answering the following questions with your accountant, lawyer or business adviser will help guide your decision of whether to buy a franchise.

The franchisor

• How long has the franchise business been established and what is its reputation?

• Who owns the franchising organisation and what is their record?

• Are they members of the Franchise Council of Australia?

• Are they aware of and fully compliant with the mandatory Franchising Code of Conduct?

Read More: https://www.business.qld.gov.au/starting-business/buying-business/buying-franchise/assessing-opportunities