Franchise Education

What is a franchise?

A franchise is a business system where the owner and/or founder licenses it’s operations knowledge, products, branding and trademarks in return for a franchise fee. When you buy in to an established franchise system, you will be supported by the hardened structure of a supportive Head Office.

Why Franchise?

Going it alone is tough… Studies show that nearly half of all businesses fail within 1 year, and only 1 in 5 will still be operating after their 5th year. But experts still say that owning a business is the best path to financial freedom!

Average estimated costs

Here are some estimated costs of franchise systems:

  • McDonald’s $1.5M – $3M
  • KFC $900,000 – $1.8M
  • Snooze $500,000 – $750,000
  • Clark Rubber $420,000 – $500,000
  • Coffee Club $400,000+
  • Nando’s $350,000 – $450,000
  • Donut King $300,000 – $400,000
  • Grayson’s (with vehicle included!) $83,000 – $125,000

Things to Consider

We recommended to please consider the following 6 questions and then fill in our online enquiry form.

  • What 3 things am I looking for in a business?
  • What income level would I like to reach in 6 months / 12 months / 2 years?
  • How many hours a week am I willing to work?
  • What 3 things are great about working in the outdoors?
  • What 3 things could be more difficult or challenging about working in the outdoors?
  • How do I really feel about owning a roof service business?
  • Am I prepared to put my customers first, offer exceptional quality service, have high attention to detail while taking real pride in my work?

Questions you should ask a Franchisor?

  • Is your franchise package “turn key”?
  • Will I have to pay into a marketing fund?
  • Is there an income guarantee?
  • Are you members of the Franchise Council?
  • How comprehensive is the training?
  • Will I have ongoing support?
  • Do you have your Disclosure Document and Franchise Agreements?

If in doubt please consult your accountant and/or a solicitor.