This is just a big caution for those considering a franchise – be very careful. There are more than a few franchisors who are very good at presenting a positive picture of how well you will do. The reality may will be very different.
Do not take the fact that they are a member of The British Franchise Association (bfa) as an indication of additional security. BFA is funded by franchiors. In addition, it does not have any legal authority over franchiors. When you have problems, it may suggest mediation. This is likely to cost you.
I am sure they are some good franchisors but they are many who simply will not to do much to help you.
There are many people I know who have been bitten badly by money grabbing franchisors.
If you decide to join a franchise please make sure you go with your eyes fully open by doing your own research. Proceed with extreme caution.
If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.