Franchise Advice

Franchise Advice - Featured Services

ASB Bank
BNZ

Legal Advice

What is franchising?

... The concept of franchising as a way of doing business is sometimes misunderstood by the public. It is not to be confused with a situation where one party is simply licensed to carry out manufacturing or distribution within ...

View all questions for Duncan Cotterill

Are Events Affecting New Zealand Businesses? Should Business Owners be Taking Action?

... The world is being shaken by changes and problems. Some are new developments, some are old issues rearing their head again. They impact on franchising at all levels, both in the positive and the negative. Increased ...

View all questions for ASCO Agmen-Smith Lawyers

Does a potential franchisee have any ability to seek alterations to a franchise agreement before signing the agreement?

... It is advisable for potential franchisees to engage a lawyer, experienced in franchise law, to review a franchise agreement before signing the agreement. A bulletpoint summary of all the main provisions of ...

View all questions for MacDonald Pilcher Partnership

Business Advice

Is it possible to alter franchise boundaries?

... This boundary that you will have to operate within is, in franchise speak, called the territory and will be detailed in the franchise agreement. Territories are often detailed by drawing the boundary on a map and colouring-in ...

View all questions for The Franchise Coach

What are the most common mistakes in expanding overseas?

... There are a combination of early mistakes that are consistent causes of expansion failure or disappointment. 1- Insufficient capital often compounded by poor selection of an international partner or an underdeveloped ...

View all questions for DC Strategy

How important is it to get your franchise structure right from the outset?

... Getting your franchise structure right from the outset is absolutely vital. Decisions you made at the beginning go on to influence both your (as a franchisor) and your franchisee’s capacity for growth, development and ...

View all questions for Franchize Consultants NZ

Financial Advice

How much can I borrow?

... The question should not be how much you can get but rather how much do you need? Your aim should be to borrow the minimum necessary in the most cost-effective way, while not leaving yourself short of the finance necessary ...

View all questions for Westpac New Zealand

How much money do I need to buy a franchise?

... Franchise businesses vary in cost from $20,000 to $1m plus, so it does depend on the business you are purchasing, as to what level of funds you require. It is important to check what you can afford early on so that you ...

View all questions for The National Bank of New Zealand

Can I use my property as security to buy a franchise?

... Yes, you can. Normally the bank will lend up to 80 per cent (in some cases more) of the registered valuation for an owner occupied home. There are some variations depending on the property type and location so it pays ...

View all questions for ASB Bank

What sort of franchise can I afford?

... Franchises vary widely in their initial entry costs and their ongoing fees and royalties. It is a good idea to work out early on in the process roughly what sort of franchise you can afford and whether you will need to ...

View all questions for ANZ

How much can I borrow towards my purchase?

... This is often one of the first questions people ask when looking at buying a franchise. As a lender with a specialised franchise unit, BNZ already has a good understanding of a wide range of franchise systems, so in some ...

View all questions for BNZ

By sending this enquiry you will also be informed of other related opportunities. First Name Surname * Your Name So the company can address you personally * Your Email So the company can contact you * Phone So the company can contact you Region So you receive the most relevant information * Desired Location * Enquiry Type Add Your Message Yes No * does not match Send Email