Blog
Running your business through a family trust
There are key advantages to run your business through a family trust structure. This post discusses the three most popular reasons for running a business through a family trust structure. It also discusses disadvantages of using a family trust structure to run your business through.
“How much profit should I make?”
Making a profit is one of the fundamental elements of running a business. It means the business is sustainable in its own right, can provide employment, which allows employees to earn a living and pursue their own dreams and aspirations. But the question is often asked about the level of profit and whether it is sufficient. This article addresses this question and considers alternative methods to assess the appropriateness of profitability.
Obligations to refurbish your franchise.
There are many situations where a tenant is required to undertake a refurbishment of their premises. This can be required either by the franchisor or the landlord. There can also be significant costs involved so it is important to have a clear understanding at the start regarding the future capital expenditure requirement.
How to increase your sales
Many people ask us, “How do I increase sales?” This is an important question and is critical to the success of any business. The ability to increase sales will support the sustainability of the business and allow the business owner to continue to provide employment, make profits and reinvest back into the business. There is nothing more important to a business than to increase sales revenue.
“Should I buy an IGA Supermarket?”
This article focuses on the key issues to consider if you are looking to buy an IGA Supermarket franchise business. This is an important decision so you should carefully do your due diligence and review the numbers of the business before you buy.
How to assess the best franchise for you
It is important to assess the franchise you are considering before you invest. Assessing how well a franchise franchise suits you is just as important as assessing the financial performance and the opportunity it provides. If you’re not sure how to decide on which franchise to buy, this checklist assessment checklist will take you through the issues to consider.
