Buying a low cost franchise in Australia can be an affordable way to start a business, offering benefits like lower start up costs, easier access to loans, brand recognition, training and ongoing support from the franchisor, which reduces risk and helps you get established quickly. However, there are also drawbacks such as limited profit margins, weaker brand presence compared to bigger chains, ongoing fees and royalties that reduce earnings, and strict rules that limit how you run the business. Growth potential may also be restricted by territory controls or narrow markets, so it is important to do thorough research before committing.
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