Franchising is a business model where an individual (the franchisee) purchases the rights to operate a business using an established brand, processes, and support system provided by the franchisor. In return, the franchisee typically pays an initial franchise fee and ongoing royalties. This model allows businesses to expand while giving entrepreneurs a way to start a business with a proven system.

Choosing the right franchise depends on several factors, including your budget, skills, interests, and long-term goals. Consider industries that align with your experience or passion, evaluate the franchise’s financial requirements, and research the level of support and training offered. Our platform provides detailed franchise listings to help you compare opportunities and make an informed decision.

Franchise costs vary depending on the industry and brand. Typically, you can expect:

Initial franchise fee – A one-time payment to secure the rights to operate the franchise. Setup costs – Expenses for premises, equipment, stock, and marketing. Ongoing fees – These may include royalties (a percentage of revenue), marketing contributions, and operational support fees. We recommend reviewing the Franchise Prospectus and speaking with the franchisor for a detailed breakdown of costs.

Not necessarily. Many franchisors provide comprehensive training and ongoing support, meaning prior industry experience isn’t always required. However, having strong business acumen, leadership skills, and a commitment to following the franchise system can significantly increase your chances of success.

The timeline for launching a franchise varies depending on the industry, franchise model, and setup requirements. On average, the process can take anywhere from a few weeks to several months. Key steps include researching opportunities, securing financing, signing the franchise agreement, completing training, and setting up operations. Some franchises with physical locations may take longer due to site selection and build-out requirements.

Franchisors typically offer a range of support services to help franchisees succeed, including:

Initial training to cover operations, sales, and customer service

Marketing support through national campaigns, branding, and lead generation

Ongoing operational support via field consultants, webinars, or business coaching

Technology and systems to streamline operations and reporting

Supply chain and vendor relationships to ensure cost-effective purchasing

The level of support varies between franchises, so it’s important to review what’s included before making a decision.