What happens when your franchisor faces financial difficulties? If you are a franchisee, you typically have less control over your own business so what can you do when the franchisor goes into administration and/or collapses as a business?
Did you know that the Australian Tax Office (ATO) is one of the most powerful government agency in the country?
And no business owner wants an audit from the tax office.
A cash economy typically exists with micro and smaller businesses in Australia. Everyone seems to know it, including the tax office. And when it comes to making you pay your fair share of taxes, what could the Australian Tax Office (ATO) possibly do?
Opening your store next to an anchor store is not a new strategy. Malls (landlords) are wise to this, except where the anchor store is located outside the mall and where there are different landlords next to the anchor store. This retail site selection strategy is obvious - you may be able to get next to an anchor store without paying high rent. You may not need to be in a mall.
Before you buy or start a business, you must know the numbers that matter and how they stack up. If you don’t, you face the possibility of financial ruin before you even begun. We look at one case study.
Learn HOW MUCH Sydney businesses are selling for in 2020
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