Franchises

Franchises

In Australia, franchises are considered lucrative businesses with  annual turnover averaging $81 billion. If you are planning to acquire a franchise, you are essentially investing in a brand or an established business, along with its processes, marketing and systems.

A lot of people make the mistake of thinking that buying a franchise is like acquiring a business in a box, that you can simply ‘plug and play’. However, from start to finish the process of acquiring a franchise can be quite daunting and overwhelming.

For one, franchise fees can range from $35,000 to several millions along with some ongoing fees for the support they provide. Needless to say, it is a significant undertaking. While it is true that franchising is among one of the most successful forms of business in Australia, it is still important that the accounting and financial management of the company is handled well.

This is because, acquiring a franchise does not guarantee success. No business comes with guarantees. With the assistance of Nobel Thomas, you can be sure that you are offered excellent, expert business advice every step of the way.

We work to ensure all bases are covered starting from the franchise agreement to the day to day operations. We will make sure the contracts are carefully reviewed by a lawyer and accountant so you know exactly what terms you are agreeing to. Some of the more well-known brands that we have dealt with include: Hairhouse Warehouse, Mister Minit, Subway, Dominos, Endota Spa and Jump Swim School.

If you are ready to take the plunge, an initial meeting will help us to understand your circumstance and determine how we can best help you.

WHAT DO OUR CLIENTS THINK OF US?

  • Grace Lai

    Highly recommended. Mert is personable and trustworthy, experienced with entrepreneurs.

    Grace Lai
    Medical Professional
  • J Louisa

    I’ve decided to make Nobel Thomas my regular accountant as I am now setting up a trust for my business. I would definitely recommend them to anyone looking for a quality inner city accountant.

    J Louisa
    Property Development
  • Valentine Gnanakone

    The team at Nobel Thomas offer consistent and timely advice for both my personal and business accounting needs. Could not recommend them more highly!

    Valentine Gnanakone
    Construction
  • Cassandra Harrison

    I have been with Mert and the team at Nobel Thomas for a few years now and have never been anything less than impressed with their prompt and high quality service and professionalism.

    Cassandra Harrison
    Medical Professional
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