From the Editor, 10 May 2016
Wise home-buyers are increasingly having pre-purchase inspections done. People buying second-hand cars frequently get them checked out, too. So if you’re buying a business, it makes sense to take the advice of experienced professionals. This is called ‘due diligence’ and it means finding out the information you need to make an informed decision.
An Australian survey found that 45 percent of current franchisees had never heard of ‘due diligence’ or didn’t know what the term meant. But if you’re investing your savings - and your career - in a business, you owe it to yourself to find out. On this website you’ll find hundreds of helpful articles, details of franchise-experienced lawyers and accountants who can help and, of course, information on franchise opportunities of all kinds. Use the panel on the left to get started.
The Pro Group
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in our latest issue:
Your buyer’s guide to franchises – whatever type of business you’re interested in, there’s a franchise to suit.
Become a high achieving franchisee – Glenice Riley on how to make the most of a franchise opportunity.
250 questions to ask about a franchise – A comprehensive list to help you make the right decision.