Is Buying a Franchise a Safer Option than Going it Alone?
Starting a #smallbusiness can be terrifying!
Is buying a #franchise a safer option?
In 2000, Australia had a small business revolution and #franchising was the fast track to success.
Robert James and James Home Services:-The good old days when franchisors were successful business owners systemising their business,then sharing these systems with newbie business owners.
Franchisors and franchisees had an inter-dependant relationship with an emotional and financial buy-in.
The #business was system based but held together by the relationships.
2018, the world is a different place,the success of franchising has led to a corporate model with a stronger connection to banks than franchisees.
Robert James and James Home Services:-The Parliamentary Joint Committee Enquiryin to Franchising and the Banking Royal Commission are both pointing fingers at the finance deals between Franchisors and their banks.
Franchisees are being thrown to the lions in franchise networks that are losing market share.
#Westpac having the power to grab your home if the business fails,is NOT a safe way to start a business.
Robert James and James Home Services:-The inter-dependant relationship between Franchisor and Franchisees is the foundation of Australian Franchising success.
#Franchisors have to create a business opportunity that is #SAFER for the franchisee.
Originally Posted:- http://www.robertjameshomeservices.com/is-buying-a-franchise-a-safer-option-than-going-it-alone/