close
Share with your friends

Buying a franchise: the do's and don’ts – podcast

Buying a franchise: the do's and don’ts – podcast

Franchising contributes more than $144 billion to Australia’s economy and the sector employs almost half a million people. However, according to recent research not only do 10 percent of new businesses close at the end of their first year, but a large proportion of franchisees never seek independent financial advice before purchasing their franchise.

1000
Leanne Hegarty

Partner, KPMG Enterprise

KPMG Australia

Contact

Also on home.kpmg

“Due diligence pays dividends. Read the Franchise Agreement closely and scrutinise the fine print.”

“Ask yourself how much you know about the product or service you are investing in. Be honest: are you confident you can take care of all aspects of the business?”

“The best franchisees originate from the best franchisors.”


Leanne Hegarty
Partner, KPMG Enterprise

KPMG Enterprise in Australia Business Insights – Podcast series

© 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved. Liability limited by a scheme approved under Professional Standards Legislation.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal