Franchising Your Business: Information and Facts

With well over 3,000 attendees, this year’s IFA convention was the largest yet, providing a vital forum for the exchange of ideas and information as well as a platform for the discussion of important issues relating to the franchising industry.

For those who decide to build their business through franchising, one of the biggest obstacles is the added cost and the level of funding therefore required at the initial stage. Anyone who is considering growing their business through franchising should give full consideration to the following cost items:

The sale of any franchise to a prospective franchisee must be determined by a set of pre-defined guidelines, to support the franchisor in deciding if the franchisee is right for the franchise opportunity.

Franchising is an effective method when considering expanding a business venture, with many added benefits in having franchisees willing to make your business a profitable success.