Ep 1: FRANCHISE BUYER BEWARE!

Franchise industry executive and consultant, Shaun Butcher, exposes the tricks, traps and misunderstandings that ruin franchisees and that unscrupulous franchisors exploit. A must watch video for anybody considering buying a franchise or working in the franchising industry.TIMESTAMPS:(0:00) Start!(0:16) Disclaimer & Introduction!(7:37) What Is Franchising?(9:32) Pros & Cons Of Franchising!(19:57) The Standard Advice!(34:12) Who Are You Placing Your Trust In?(1:08:10) Are You Being Sold A Dream Or A Nightmare?(1:24:57) Is Profitability Being Misrepresented?(1:58:22) What Are You Guaranteeing?(2:05:07) Are You Going To Be Gouged On Supply Chain?(2:13:43) What Is It Really Going To Cost You In Fees?(2:31:10) Is The Marketing Fund Going To Generate A Return Or Simply Indulge Head Office?(2:59:42) Who Holds The Lease?(3:23:02) Will Refit Clauses Erode Profit You Made During Your Term?(3:34:56) Is There Support For An Exit Strategy?(3:51:21) Wrap-Up & Questions!Check us out at: www.fmssupportservices.com.au Contact us at: [email protected] Follow us on Facebook: www.facebook.com/profile.php?id=61562852799935 Follow us on LinkedIn: www.linkedin.com/company/76260689