Given the problems many start-ups face in accessing finance and keeping a healthy cashflow, the temptation to become a franchisee in a seemingly strong, secure brand is understandable.
However, as business expert Marc Peskett points out today, there are some crucial questions you need to ask before you invest in a franchise. Make sure you read his advice before you sign on the dotted line.
Elsewhere today, we explain what’s involved in starting up a floristry business and mentor Deb Templar espouses the benefits of holding an event for your customers.
There are just five days until entries for the 2011 StartupSmart Awards close. The winners will receive prizes, editorial coverage and mentorship. To enter, click here.
Oliver Milman, editor