 |
|
|
|
|
|
|
|
|
|
 |
|
We’re New Zealand’s most experienced franchise bank. We provide information, support and finance packages for both franchisees and franchisors. |
|
|
|
|
Free tools and guides
Franchise team
|
|
|
|
|
 |
Contact us now |
| |
> |
email us |
| |
> |
phone 0800 177 007(Monday to Friday,
8.30am to 5pm) |
|
| Buying a franchise |
 |
| Running a franchise requires a willingness to take in new ideas and work within the rules and operating procedures and systems of the franchisor. |
|
| These systems are particularly important because they are based on what has been successful to date, and so form the very foundation of the franchise. |
|
| In most cases, you pay an initial franchise fee and then some ongoing royalties and fees to make this ready-made business your own. |
|
| Buying a franchise usually gives you the right to |
|
 |
use a name and pre-defined business format |
|
|
sell a product or service within a set regional area |
|
|
enter a business at a level of investment you feel comfortable with |
|
|
|
|
a ready-to-go business based on a business model that has already succeeded |
|
|
a recognised and proven brand |
|
|
registered trademarks and other intellectual property |
|
|
training and development opportunities |
|
|
access to the experience and expertise of the franchisor |
|
|
an exclusive territory within which to do business |
|
|
group buying power |
|
|
greater marketplace presence via coordinated advertising and marketing |
|
|
|
| Here's a look at some of the advantages and benefits that may be offered with franchises: |
|
|
proven business model |
|
|
known financial input including initial costs and working capital |
|
|
brand power—a well-known name with a good reputation |
|
|
documented system to help you run your business franchise |
|
|
training, support or advice from an experienced person within your franchise |
|
|
recommended specialists for particular advice (such as banking, legal or accounting) |
|
|
group buying power and nationwide brand advertising |
|
|
