In this episode of our podcast series, "Banking on a Brand - The Risky Business of Franchises," we explore the challenges that franchisees may encounter when their main franchisor decides to close the business down.
We discuss the benefits of buying into a franchise, including a turnkey business system, an established brand, and business support, while emphasizing the importance of thorough due diligence for long-term success. We share real-life examples of pitfalls in buying a franchise, the limited freedom for creativity that franchisees often face, and the potential strategies available to franchisees if the franchisor decides to close the operation. If you're a franchisee or considering becoming one, join us for this insightful episode on navigating the complexities of the franchise business model. Subscribe now for more engaging discussions on business and law.
Get more in depth tips and insights, book a free 15 min consult at daltonplan.co.nz/
In this episode of our podcast series, "Banking on a Brand - The Risky Business of Franchises," we explore the challenges that franchisees may encounter when their main franchisor decides to close the business down.
We discuss the benefits of buying into a franchise, including a turnkey business system, an established brand, and business support, while emphasizing the importance of thorough due diligence for long-term success. We share real-life examples of pitfalls in buying a franchise, the limited freedom for creativity that franchisees often face, and the potential strategies available to franchisees if the franchisor decides to close the operation. If you're a franchisee or considering becoming one, join us for this insightful episode on navigating the complexities of the franchise business model. Subscribe now for more engaging discussions on business and law.
Get more in depth tips and insights, book a free 15 min consult at daltonplan.co.nz/