What are the advantages and disadvantages of owning an NZ franchise?
A franchise for sale in New Zealand might seem like a risk free way to run your own business, but remember, as with any business, there are advantages and disadvantages. Here’s a quick overview: Advantages may be… • Ease of start up: because of the proven franchise system, a lot of work is done for you by the franchisor. Assistance is available with selecting a site, negotiating with suppliers, and brand recognition is instant as opposed to having to be built from nothing. • Training and marketing help: the franchisor will assist with training, minimising teething problems, and marketing will often be done on a nationwide basis, giving you one less thing to think about as you concentrate on making your franchise business a success. Disadvantages may be… • Control: for a franchisee, it can prove difficult having no overall control of the running of your business. The system must be followed and any changes must be approved by the franchisor. This could be extremely stifling for a bu