If you are looking to buy a franchise you might want to consider owning a franchise resale. As franchising in Australia matures, a growing number of Australian franchisees are looking to sell their business. There are many reasons for this including wishing to retire, looking to relocate, a change in personal circumstances or their exit plan was simply to sell their business after a certain number of years. There are advantages and disadvantages to owning a resale which we explore further in this section. Read more about franchise resales
Are you looking to expand your investment portfolio? A master franchise may be the opportunity you are looking for. Master franchises are international opportunities that are successfully franchising outside of Australia and now looking to expand their operation into Australia. These opportunities are ideal for those looking for a challenge and wanting to make an impact in the Australian franchise industry.
Not all businesses can be franchised. Firstly you need to be running a successful business before you can even consider it for franchising; franchising should not be used as a testing ground for new business ideas. In order for a business to be franchiseable it needs to have systems and procedures that can be replicated and skills that can be taught and transferred.
Attending a franchise exhibition is a must for anyone serious about franchising. Franchise exhibitions are taking place throughout Australia in 2014; we have listed all key dates. As well as being able to access hundreds of franchise opportunities all under one roof, you are also able to speak face-to-face with franchisors you are interested in and find out more about franchising by attending free educational seminars.
The Franchise Council of Australia represents Australia's $131 franchise industry; franchisors, franchisees and franchise service suppliers. The FCA helps to establish and maintain best practice standards amongst franchise systems to help form a viable franchising sector. The FCA also serves to educate prospective franchisees on ethical franchising as well as lobbying and educating specialist groups with an interest in franchising such as state and federal governments and the broader business community.
Looking for advice on buying a franchise in Australia? Our supplier directory can help point you in the right direction
Fancy a move across the pond to the good old USA? Then check out our new resales site dedicated to the US market www.franchiseresales.com
Post your questions free of charge to our panel of experts in Australia, covering financial, legal and consultancy issues.
Buying a franchise can be a huge financial commitment; with many using their life savings to finance the business. With that in mind, it is therefore imperative that you undertake as much research as possible into franchising. You need to initially be certain that it is the right route into business start-up for you and if so, research each opportunity thoroughly. Although franchising is described as a safer start-up investment, it does depend on the opportunities you are interested in and whether they are ethical and viable. In this section we take you through the decision-making process step-by-step.
Franchising is a very complex area. Our Ask the Experts section allows you to post questions to a panel of experts covering all areas of franchising. We have selected some of the most frequently asked questions and their answers. Frequently asked questions Franchise FAQs
Each year the Franchise Council of Australia awards top performing franchisors and franchisees in their annual Excellence in Franchising awards. Selected by a judging panel consisting of leading Australian experts, these awards recognise the shakers and movers in the Australian franchise industry.
With an industry valued at over $131 billion, Australia is one of the most buoyant franchise industries in the world. It also has one of the most varied franchise industries, with opportunities existing in almost every sector; it is no longer all just about fast food and coffee! As well as the rise in home-grown Australian brands, the popularity of franchising has led many international brands to look to expand their operations into Australia; making Australia a hub of national and international franchise activity.