You’ve read about franchising, you’ve seen the brands in your suburb, youÍre ready to be your own boss. The idea of setting up a business is empowering, and with the support of a strong franchise system behind you there is the potential to achieve financial and personal goals.

Australians are spoilt for choice when it comes to choosing a franchise; the franchising sector comprises about 1100 franchise systems ranging from mobiles requiring a light investment to food outlets with a global identity and a hefty financial commitment.

Passion for an activity or brand and opportunities for flexibility contribute to finding the right franchise. And of course number crunching is imperative at an early stage of franchise selection because being burdened with a cash flow crisis simply adds to the pressure of building your own business. Once you’ve committed to a price bracket itÍs time to look deeper into the opportunities that exist at the chosen level of investment.

Franchise systems with a turnkey price of up to $450,000 commonly sit in the retail arena, with shop set-up costs a significant portion of the franchisee’s outlay whether the outlet is in a food court or a shopping strip.

Some of these franchises include:

bb’s cafe
Brumby’s Bakery
Domino’s Pizza
Donut King
Michel’s Patisserie
Schnitz