Question: Do I need previous experience in business to buy a franchise?
Answered by Matthew O’Neil, Franchise Sales Director of Snack-in-the-Box:
“In short the answer is no. A good franchisor should provide you with all of the necessary tools to make your business a success. The whole essence of good and ethical franchising is that the franchisor teaches and trains the franchise owner in all aspects of running the business. A good franchisor will also cover the basics, such as VAT, how to run your accounts and how to deal with people on a daily basis.
When buying a franchise, make sure that the franchisor’s support doesn’t end the week after your head office training.
Carry on reading.