Newbie

Bidwell Accounts

Free Member
Jun 24, 2013
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Hello All,

A Total newbie to this forum so I thought I would introduce myself.

I ran a small accountancy practice based in Bedfordshire which is growing very nicely.

I was really after people's thought on franchising and weather the only people that make money out of it are the ones that set it up.
 

MyAccountantOnline

Business Member
Sep 24, 2008
15,231
10
3,314
UK
myaccountantonline.co.uk
Hello All,

A Total newbie to this forum so I thought I would introduce myself.

I ran a small accountancy practice based in Bedfordshire which is growing very nicely.

I was really after people's thought on franchising and weather the only people that make money out of it are the ones that set it up.

Hi :)

Probably best to pop an introduction into the introductions section then start a new thread on your question.
 
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Franchising is such a wide area that this question cannot be answered one way or the other. I have done tuition under licence and they made more than I did. Yet the really successful ones did make a good living.

There will be good deals and not such good ones as in any market, and some that work for one person will not work for another.

If you were to become a franchisee though work out carefully what the value to you is of the franchisor's input. And avoid doing something you would not have considered otherwise just because of a franchise.
 
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