{"id":3140,"date":"2025-06-20T19:24:31","date_gmt":"2025-06-20T19:24:31","guid":{"rendered":"https:\/\/worldoptions-franchise.siteproofs.com\/?p=3140"},"modified":"2025-12-12T10:33:42","modified_gmt":"2025-12-12T10:33:42","slug":"things-to-do-before-buying-a-franchise","status":"publish","type":"post","link":"https:\/\/franchise.worldoptions.com\/au\/things-to-do-before-buying-a-franchise\/","title":{"rendered":"Things to do before buying a franchise"},"content":{"rendered":"<div id=\"block-942ec82f2ee5828117d7\" class=\"sqs-block html-block sqs-block-html\" data-block-type=\"2\">\n<div class=\"sqs-block-content\">\n<div class=\"sqs-html-content\">\n<p class=\"\">Buying a franchise means that you start a business with a proven and successful business model that has been tried and tested for years. Thus, owning a franchise carries far less risk than starting a business from the ground up.<\/p>\n<h4><a href=\"https:\/\/www.thebfa.org\/wp-content\/uploads\/2020\/10\/2018-bfa-NatWest-Franchise-Survey.pdf\" data-cmp-ab=\"2\"><span class=\"sqsrte-text-color--darkAccent\">Fewer than 1% of franchisee close per year due to commercial failure.<\/span><\/a><\/h4>\n<p class=\"\">Despite this, research should be conducted to ensure the franchise you are buying is a right fit for your abilities and circumstances.<\/p>\n<p class=\"\">We\u2019ve highlighted the key areas to consider when you are on your journey towards buying a franchise.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"block-yui_3_17_2_1_1646297077012_2593\" class=\"sqs-block image-block sqs-block-image sqs-text-ready\" data-block-type=\"5\">\n<div id=\"yui_3_17_2_1_1750447286868_160\" class=\"sqs-block-content\">\n<div id=\"yui_3_17_2_1_1750447286868_159\" class=\"image-block-outer-wrapper layout-caption-below design-layout-inline combination-animation-site-default individual-animation-site-default individual-text-animation-site-default animation-loaded\" data-test=\"image-block-inline-outer-wrapper\">\n<figure id=\"yui_3_17_2_1_1750447286868_158\" class=\"\n              sqs-block-image-figure\n              intrinsic\n            \"><\/p>\n<div id=\"yui_3_17_2_1_1750447286868_157\" class=\"image-block-wrapper\" data-animation-role=\"image\">\n<div id=\"yui_3_17_2_1_1750447286868_156\" class=\"sqs-image-shape-container-element\n\n              has-aspect-ratio\n            \"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-3142\" src=\"https:\/\/franchise.worldoptions.com\/uk\/wp-content\/uploads\/2025\/06\/meet-300x200.jpg\" alt=\"\" width=\"794\" height=\"529\" srcset=\"https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/meet-300x200.jpg 300w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/meet-1024x683.jpg 1024w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/meet-768x512.jpg 768w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/meet-417x278.jpg 417w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/meet-600x400.jpg 600w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/meet-604x403.jpg 604w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/meet.jpg 1400w\" sizes=\"auto, (max-width: 794px) 100vw, 794px\" \/><\/div>\n<\/div>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"block-yui_3_17_2_1_1646297077012_2945\" class=\"sqs-block html-block sqs-block-html\" data-block-type=\"2\">\n<div class=\"sqs-block-content\">\n<div class=\"sqs-html-content\">\n<h2>1. Franchise Information Pack<\/h2>\n<p class=\"\">Most franchises provide documents containing information on\u00a0how the franchise works, the benefits of their model and how much a franchise would cost. With this information you should be able to review what is being offered. We recommend that you check that everything inside the pack is correct, by contacting the franchisor or by conducting your own research.<\/p>\n<h2>2. Conducting Research<\/h2>\n<p class=\"\">Once you have digested the information inside the franchise pack, it\u2019s time to delve further in and carry out research into buying a franchise. You could create a checklist with the following questions:<\/p>\n<ul data-rte-list=\"default\">\n<li>\n<p class=\"\">Checking testimonials on the web from current franchisees.<\/p>\n<\/li>\n<li>\n<p class=\"\">If the franchise is a member of the British Franchise Association.<\/p>\n<\/li>\n<li>\n<p class=\"\">The level of competition in the marketplace for the services or products that will be offered, both at franchise level and customer level.<\/p>\n<\/li>\n<li>\n<p class=\"\">\n<\/li>\n<li>\n<p class=\"\">Ensure you have the following information from the franchise:<\/p>\n<ul data-rte-list=\"default\">\n<li>\n<p class=\"\">How long have they been trading for?<\/p>\n<\/li>\n<li>\n<p class=\"\">How many franchises have they got?<\/p>\n<\/li>\n<li>\n<p class=\"\">Do they have a European or International franchise network?<\/p>\n<\/li>\n<li>\n<p class=\"\">How do they differ from other franchisors within the industry?<\/p>\n<\/li>\n<li>\n<p class=\"\">What initial training and on-going development do they provide as part of the franchise fee?<\/p>\n<\/li>\n<li>\n<p class=\"\">Do they provide support to industry best practises for sales and customer service?<\/p>\n<\/li>\n<li>\n<p class=\"\">What other charges are there outside of the franchise fee?<\/p>\n<\/li>\n<li>\n<p class=\"\">What is included within their marketing support.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"block-yui_3_17_2_1_1646297077012_4115\" class=\"sqs-block image-block sqs-block-image sqs-text-ready\" data-block-type=\"5\">\n<div id=\"yui_3_17_2_1_1750447286868_178\" class=\"sqs-block-content\">\n<div id=\"yui_3_17_2_1_1750447286868_177\" class=\"image-block-outer-wrapper layout-caption-below design-layout-inline combination-animation-site-default individual-animation-site-default individual-text-animation-site-default animation-loaded\" data-test=\"image-block-inline-outer-wrapper\">\n<figure id=\"yui_3_17_2_1_1750447286868_176\" class=\"\n              sqs-block-image-figure\n              intrinsic\n            \"><\/p>\n<div id=\"yui_3_17_2_1_1750447286868_175\" class=\"image-block-wrapper\" data-animation-role=\"image\">\n<div id=\"yui_3_17_2_1_1750447286868_174\" class=\"sqs-image-shape-container-element\n\n              has-aspect-ratio\n            \"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3143 aligncenter\" src=\"https:\/\/franchise.worldoptions.com\/uk\/wp-content\/uploads\/2025\/06\/research2-300x197.jpg\" alt=\"\" width=\"725\" height=\"476\" srcset=\"https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/research2-300x197.jpg 300w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/research2-1024x672.jpg 1024w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/research2-768x504.jpg 768w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/research2-417x274.jpg 417w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/research2-600x394.jpg 600w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/research2-604x396.jpg 604w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/research2.jpg 1400w\" sizes=\"auto, (max-width: 725px) 100vw, 725px\" \/><\/div>\n<\/div>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"block-yui_3_17_2_1_1646297077012_4450\" class=\"sqs-block html-block sqs-block-html\" data-block-type=\"2\">\n<div class=\"sqs-block-content\">\n<div class=\"sqs-html-content\">\n<h2>3. ROI On Your Investment<\/h2>\n<p class=\"\">The ultimate question is whether buying a franchise will be worthwhile financially. For this, you need to know the costs, franchisee average income figures and projections on what you can achieve. Once you have the\u00a0<a href=\"https:\/\/uk.worldoptions.com\/franchise-opportunities?__hstc=43953530.bc930c6f3a1b034251baa7ce5aef3452.1644236215813.1644236215813.1644243426353.2&amp;__hssc=43953530.12.1644243426353&amp;__hsfp=3448640594\" data-cmp-ab=\"2\">initial franchise fees<\/a>\u00a0and ongoing costs, such as royalties that will be incurred after purchasing, you can forecast your monthly gross margin to see if this is inline with what you are looking to achieve.<\/p>\n<p class=\"\">This is a simple way of determining what you are more than likely able to achieve, whilst providing some thought around how you could exceed these figures with your experience or knowledge.<\/p>\n<p class=\"\">Be open with the franchisor on these figures, they\u2019ll soon let you know if you have forgotten about something or why your figures may be unrealistic. A BFA franchise will give you a truthful and realistic answer every time. As an experienced full member ourselves, one of the values a franchisor must demonstrate is that they provide accurate figures and are ethical throughout their recruitment.<\/p>\n<h2>4. Visiting the Franchise HQ<\/h2>\n<p class=\"\">Make sure to visit the franchisors headquarters, as this will give you the opportunity to see their internal operations and potentially ask questions to their employees. This allows you to get a real feel for how the company operates, whether the employees are as driven as the franchisor and if they appear to be the dynamic and fast moving franchise that they claim to be.<\/p>\n<p class=\"\">Some of the bigger and more established franchisors may offer you the chance to attend a sales conference, where you can meet franchisees face to face and get direct feedback from them.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"block-yui_3_17_2_1_1646297077012_5550\" class=\"sqs-block image-block sqs-block-image sqs-text-ready\" data-block-type=\"5\">\n<div id=\"yui_3_17_2_1_1750447286868_187\" class=\"sqs-block-content\">\n<div id=\"yui_3_17_2_1_1750447286868_186\" class=\"image-block-outer-wrapper layout-caption-below design-layout-inline combination-animation-site-default individual-animation-site-default individual-text-animation-site-default animation-loaded\" data-test=\"image-block-inline-outer-wrapper\">\n<figure id=\"yui_3_17_2_1_1750447286868_185\" class=\"\n              sqs-block-image-figure\n              intrinsic\n            \"><\/p>\n<div id=\"yui_3_17_2_1_1750447286868_184\" class=\"image-block-wrapper\" data-animation-role=\"image\">\n<div id=\"yui_3_17_2_1_1750447286868_183\" class=\"sqs-image-shape-container-element\n\n              has-aspect-ratio\n            \"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3141 aligncenter\" src=\"https:\/\/franchise.worldoptions.com\/uk\/wp-content\/uploads\/2025\/06\/iStock-541114144-300x198.jpg\" alt=\"\" width=\"705\" height=\"465\" srcset=\"https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/iStock-541114144-300x198.jpg 300w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/iStock-541114144-1024x676.jpg 1024w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/iStock-541114144-768x507.jpg 768w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/iStock-541114144-417x275.jpg 417w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/iStock-541114144-600x396.jpg 600w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/iStock-541114144-604x399.jpg 604w, https:\/\/franchise.worldoptions.com\/au\/wp-content\/uploads\/2025\/06\/iStock-541114144.jpg 1400w\" sizes=\"auto, (max-width: 705px) 100vw, 705px\" \/><\/div>\n<\/div>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"block-yui_3_17_2_1_1646297077012_5885\" class=\"sqs-block html-block sqs-block-html\" data-block-type=\"2\">\n<div class=\"sqs-block-content\">\n<div class=\"sqs-html-content\">\n<h2>5. The Franchise Agreement<\/h2>\n<p class=\"\">Don\u2019t transfer any money in the form of fees or deposits until you have sought legal advice. Try and find a specialist franchise lawyer who can scrutinise the agreement and give you unbiased guidance.<\/p>\n<p class=\"\">Buying a franchise is a decision that should not be taken in haste. Take time to conduct research, by looking into the franchise and their business model. Be clear and honest whether buying a franchise will financially be a worthwhile effort. Find a lawyer to take a second-look at the agreement offered, and when you have gathered all possible information and sought available advice, make the decision that\u2019s right for you.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Buying a franchise means that you start a business with a proven and successful business model that has been tried and tested for years. Thus, owning a franchise carries far less risk than starting a business from the ground up. Fewer than 1% of franchisee close per year due to commercial failure. Despite this, research [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3140","post","type-post","status-publish","format-standard","hentry","category-resources"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Things to do before buying a franchise - World Options Franchise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/franchise.worldoptions.com\/au\/things-to-do-before-buying-a-franchise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Things to do before buying a franchise - World Options Franchise\" \/>\n<meta property=\"og:description\" content=\"Buying a franchise means that you start a business with a proven and successful business model that has been tried and tested for years. 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Despite this, research [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/franchise.worldoptions.com\/au\/things-to-do-before-buying-a-franchise\/\" \/>\n<meta property=\"og:site_name\" content=\"World Options Franchise\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-20T19:24:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-12T10:33:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/franchise.worldoptions.com\/uk\/wp-content\/uploads\/2025\/06\/meet-300x200.jpg\" \/>\n<meta name=\"author\" content=\"shahzad.akram\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"shahzad.akram\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/things-to-do-before-buying-a-franchise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/things-to-do-before-buying-a-franchise\\\/\"},\"author\":{\"name\":\"shahzad.akram\",\"@id\":\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/#\\\/schema\\\/person\\\/d2530737051a4d4dc0edc7e18643ee17\"},\"headline\":\"Things to do before buying a franchise\",\"datePublished\":\"2025-06-20T19:24:31+00:00\",\"dateModified\":\"2025-12-12T10:33:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/things-to-do-before-buying-a-franchise\\\/\"},\"wordCount\":706,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/things-to-do-before-buying-a-franchise\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/franchise.worldoptions.com\\\/uk\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/meet-300x200.jpg\",\"articleSection\":[\"Resources\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/things-to-do-before-buying-a-franchise\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/things-to-do-before-buying-a-franchise\\\/\",\"url\":\"https:\\\/\\\/franchise.worldoptions.com\\\/au\\\/things-to-do-before-buying-a-franchise\\\/\",\"name\":\"Things to do before buying a franchise - 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