Australia is the world’s most franchised nation. It has three times more franchises per head compared with the United States, according to IBISWorld, which describes the $180 billion industry as “boomingâ€.
If you are keen to join the boom by buying a franchise, you’d better be careful. A recent watchdog report found that some franchisors inflate potential income.
Here’s some expert intel on how to spot a legitimate franchise opportunity.
1. Test your enthusiasm… Read on.