buying a Food
FranChise?
What you should knoW
the franchise model is popular in the food and beverage
industry, with brands such as mcdonald’s, starbucks and
Boost Juice demonstrating its success. Although brand-
name franchises can be enticing, potential franchisees
should still thoroughly conduct their due diligence.Potential franchisees should inspect all equipment, understand their obligations relating to the
premises, obtain food based business licences and undertake any relevant training for safelyExpERT ADvIcEfEATURE:
Food & Bever
Age
handling food. We unpack each of these
points below.iNsPectiNg the BusiNess’
eQui PmeNt
As with any business, it’s essential to inspect
the business’ equipment. This is especially
important for a food-based franchise where
specialised equipment can cost a significant