Episode#5

Franchise Business Pre-Purchase Reviews with Kate Groom, Franchise Accounting and Tax. Franchise Supplier Support.

In Episode#5 - There are independent experts to personally and thoroughly review your franchise business purchase about whether your going to make any money BEFORE you buy it.

That's the value proposition provided by Kate Groom and her business partner Peter Knight at Franchise Accounting and Tax, to would-be franchise outlet owners, which Kate talks about in detail in this episode.

There is no doubt that many buyers of franchises put a lot of decision-making weight in the brand name they are buying, and often make a lot of assumptions about the business.

Their Franchise Pre-purchase Review is part of the franchise due diligence for franchise buyers. 

It helps buyers understand the cost structure of the business they are looking to buy, and from that they can work out what sort of sales need to be achieved to make a living and repay the debt. From that it forms the basis for a conversation to be had about the financial prospects of the business with all involved.

It's a key first stage part of the financial due diligence.

Podcast Produced by:  www.magneticbusinessmedia.com.au

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