BlogThe GTA Business Broker
The GTA Business Broker Blog is for awareness among business sellers, investors and buyers about the value we provide and why they should work with us.
What a Franchisee should consider before buying a Franchise? Franchising is an opportunity for people to go into business for themselves. Franchises offer lesser risks because business structures are already established as well as a strong brand name. The franchise industry has done a good job selling its advantages especially to individuals who have minimal experience in running a business. The franchise applicant should know what Franchisee Prospects should consider before buying as risks do exist and it is important to consider these 4 elements before buying a franchise.
You should spend money on tangible assets and not stocks. A stock transaction gives you access to liabilities under law, whereas in an asset transaction these liabilities are only agreed upon within the agreement. This is not to say that some liabilities are not advantageous to an acquisition. But you need to be aware of any loopholes and protect yourself against any issues that might arise.