Many businesses proclaim the ‘success’ of franchising.
This method of doing business is no easy option for the newcomer. There is much more to franchising than first meets the eye. Franchise agreements (don’t be misled into thinking you can use a distribution agreement or the like to avoid a franchise), trade mark protection and marketing/systems all need to be considered.
A prospective franchise must be adequately researched and resourced before any significant level of expenditure is undertaken.
The need for professional advice when developing a franchise system is therefore of paramount importance.