Here at Your Local Accountant we have a solid understanding of the Franchise business model and have worked with both Franchisees and Franchisors, many of whom have gone on to build successful businesses.
The general perception amongst most new entrants to the industry is that buying a franchise offers an easy entrance to a market by acquiring systems, processes and marketing collateral. Whilst this is true most franchisees often forgo performing appropriate due diligence and are easily misled when evaluating an opportunity at its face value.
You Local Accountant can provide appropriate advice to startups and new acquisitions whilst offering due diligence services to evaluate and select the best opportunities in the market. We have also familiarised ourselves with the Franchise Code of Conduct which includes key areas of disclosure, dispute resolution and franchise rights. We believe we possess specialised knowledge of this industry and believe we can actively engage with you to ensure that your franchise or new business thrives.
If you are looking to start the franchise business as a franchisor, please talk to us first. We will help you to develop business plans and evaluate the best business structures to help you achieve your business targets. We work with leading franchise lawyers through our professional networks and can engage them to safeguard you through the whole process.