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The Franchise Advice Centre

advice | how to | How To Buy A Franchise | Financial Advice

During our many years working within New Zealand's franchise sector, we've learnt a great deal about the market - what works, what doesn't work, and what people involved in all aspects of franchising need to think about to succeed.

We encourage you to read as widely as possible about all aspects of franchising in New Zealand, whether you are interested in buying and then running a successful franchised business, or whether you have a business that you have already franchised or are contemplating growing using the franchising model.

If you don't find what you are looking for here in our Advice Centre then call or email us to ask for guidance - our team are ready and waiting to help you find the information you need.

financial advice

financial advice

10 FINANCIAL REASONS TO BUY A FRANCHISE

Thinking of buying or starting a business? Get the buzz as Simon Lord shares ten B's on why a franchise could be your best financial option

A WORTHWHILE INVESTMENT?

Peter Felstead and Maurits van den Berg look at ways to take the gamble out of buying a franchise

ADVICE MAKES ALL THE DIFFERENCE

Wondering how to choose the right franchise for you? Getting the right advice from the right people can set you on the path to success

CAN YOU STILL FIND FUNDING?

Is inability to raise funding stopping people buying into good opportunities?

DOING THE SUMS ON BUYING A FRANCHISE

October 2010 - How do you evaluate a franchise from a financial point of view? Lorraine Lord follows one man’s journey as he does his sums on a real-life business opportunity

FRANCHISE ACCOUNTANTS 8 COMMON MISTAKES BUYERS MAKE...AND HOW TO AVOID THEM

Why learn from your own mistakes when you can learn from those of others? Philip Morrison of Franchise Accountants shares some lessons

FRANCHISE ACCOUNTANTS TAKE THE GUESSWORK OUT OF BUYING A FRANCHISE

A new online pre-purchase evaluation tool from Franchise Accountants helps franchise buyers get it right

FRANCHISE ACCOUNTANTS THE FRANCHISE WHEEL OF FORTUNE

Franchise Accountants help buyers make informed decisions

FRANCHISE ACCOUNTANTS WORKING CAPITAL THE FUEL IN THE TANK

Philip Morrison of Franchise Accountants explains what you need to get your business started and keep it going

GUARANTEES - WHAT DO THEY MEAN?

Franchises across several sectors are now offering guarantees of work or income levels. What do these guarantees mean? Simon Lord investigates

HOT PROSPECTS – LOW INVESTMENT

March 2009 - Buying a job or following a dream? There are plenty of franchises available that don’t cost an arm and a leg, says Simon Lord

HOW TO CHOOSE THE RIGHT ADVISOR

Many of the articles on this website talk about the importance of consulting ‘specialists', ‘good' advisors and ‘experts' before buying a franchise - but how do you ensure that your chosen advisors fit into this category? Here are seven handy hints.

IS THIS A GOOD TIME TO BUY A FRANCHISE?

May 2009 - If you're thinking of buying a franchise, perhaps now is not the time. Doom and gloom is all around and the future is uncertain. Well, think that way if you like, but you could be missing out on a great opportunity.

SEEING EYE TO EYE

Professional advisors are sometimes criticised by franchisors for not really understanding franchising. In this article from our archives, here's how an accountant in Westport took a pro-active approach to helping his clients buy into a franchise and make it successful

THE BEGINNERS' GUIDE TO UNDERSTANDING THE NUMBERS

Philip Morrison of Franchise Accountants explains what financial reports can tell you about the business you’re buying

THE VALUE OF GUARANTEES

What importance should you place on a work or income guarantee?

VALUING A BUSINESS

Thinking of buying a business? Leith Oliver helps you to calculate what it might be worth to you, and offers some thoughts on franchise fees and goodwill payments.

WESTPAC - FACTS ABOUT FRANCHISE FUNDING

Daniel Cloete of Westpac answers some common questions regarding funding a franchise and the issues influencing a franchised business

WESTPAC - FUNDING A SERVICE FRANCHISE

Service franchises present some unique challenges with regard to funding. Daniel Cloete from Westpac looks at some of the issue

WESTPAC - WHAT TO ASK ABOUT FUNDING

Daniel Cloete of Westpac provides a guide to the questions you need to ask in order to help ensure your new business has a profitable future

WESTPAC NEW ZEALAND BEWARE THE HIDDEN COSTS

Daniel Cloete of Westpac identifies some areas that can be overlooked when buying a franchise

WESTPAC ASK THE RIGHT QUESTIONS

Educating yourself about franchising and franchise opportunities increases your chances of success, says Westpac’s Daniel Cloete

WESTPAC BENCHMARKING FOR BUYERS

Dean Madsen of Westpac provides some tips on using franchise benchmarks to make a good purchase decision

WESTPAC FIT TO FIGHT

Dean Madsen of Westpac discusses the economic cycle and how franchises can prepare for change

WESTPAC FOOD FINANCE 101

Daniel Cloete of Westpac explains how to fund a food business

WESTPAC FUNDING YOUR FRANCHISE

Westpac’s Daniel Cloete offers advice on some common banking issues for franchisees

WESTPAC GETTING THE MONEY

Daniel Cloete of Westpac explains how a specialist banker can help you get what you need to buy a franchise

WESTPAC HOT PROPERTY

Dean Madsen of Westpac provides a guide to using the equity in your property to fund a business

WESTPAC INCREASE YOUR CHANCES OF SUCCESS

Daniel Cloete & Steve Seddon from Westpac look at how franchisees can minimise risks when buying and operating a business

WESTPAC MAKING A GOOD INVESTMENT

With the housing market slowing, investing in a profitable business with stable cash flow is increasingly attractive

WESTPAC THE FUNDAMENTALS OF FRANCHISE FUNDING

Westpac’s Daniel Cloete says that, whatever the economy does, the basics of good business remain unchanged

WHAT CAN YOU AFFORD?

Before you start looking at any particular franchise, you need to know what’s possible. Philip Morrison explains how to evaluate your own financial position

WHAT DOES THIS FRANCHISE REALLY COST?

Lorraine Lord and Philip Morrison look behind the figures to evaluate the true cost of buying a franchise and suggest ways to set up your new business for maximum success

WHAT TO EXPECT WHEN YOU BUY A FRANCHISE

Philip Morrison looks at ten common questions people have when they’re buying a franchise

WHAT'S THE POINT OF PAYING FEES?

How much should franchise fees be and what do you get for your money? Lorraine Lord answers the questions

WHAT’S THE STORY WITH GST?

March 2010 - How is Goods & Services Tax calculated on franchise purchases – and what difference will a rate change make to existing franchisees and franchisors? Craig Weston explains

WHY USE AN ACCOUNTANT?

Does money matter? The way some franchise buyers avoid taking advice, they don't seem to think so.

WILL IT MAKE MONEY?

Philip Morrison looks at how to calculate whether a franchise is a worthwhile investment

 

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