Before you take advantage of the great digital marketing franchise opportunity presented by Fully Promoted Australia, you’ll need to take a careful look at our disclosure document.
When anyone is considering becoming a franchisee, it’s important for them to understand exactly what they are signing up for. The disclosure document helps them to enter into a franchise agreement with a good understanding of how the franchisor’s business has historically performed, as well as what will be expected of them as franchisees.
Because disclosure documents contain sensitive information, franchisors usually only give them out to potential franchisees as opposed to posting them on their websites. If you’d like to take a look at our disclosure document, don’t hesitate to reach out to us.
In the meantime, here are a few important points to look for in a disclosure document.
How Has the Brand Performed?
Pay close attention to points such as the numbers of locations opened and closed, and the profit margins for the locations listed. While it’s impossible to predict how your new franchise location would perform, you can gather valuable information to make an educated guess by studying how other franchise locations are doing. Review this information with a lawyer so that they can help you to notice any details or think of any questions that you wouldn’t have thought of on your own.
What Will Be Expected of You?
The disclosure document will give you a very clear idea of what will be expected of you as the franchisee. A few especially important points are the total estimated investment, the franchise fee, and information on royalties. You’ll need to understand how much the franchisor estimates your investment will cost, and what is included in that figure. The franchise fee, a one-time lump sum payment, is also important to understand. Be sure you know how much you’ll be expected to pay at the time you sign a franchise agreement. Finally, learn about the royalties you’ll be expected to pay- what percentage of your profits and how frequently they are to be paid are especially important considerations.
What Can You Expect in Return?
In exchange for your franchise fee, factors associated with your total investment, and royalties, you are entitled to receive certain supports from your franchisor. Learn about what they will provide you in consideration of these payments, and ask any questions you have.
These are just a few important points to review in the disclosure document. Reach out to us today to take advantage of this exciting digital marketing franchise opportunity and to request a copy of our disclosure document today!