The University of Winchester recently invited the Dwyer Group, one of the world’s largest franchise organisations, to an event organised by its Business School to allow final year business students to present their pitch projects to a panel of industry experts. One of the experts on the judging panel was Joshua Barker of the Dwyer Group, who also took the opportunity to speak to many of the students about the importance of values in the business world and the advantages of franchising as a pote...Read More
It's key to understand that Business Opportunities and Franchises are not the same. There are less restrictive nature in terms of operation, branding and territory restrictions, their low initial investment fees and lack of ongoing fees when running and operating a Business Opportunity instead of a Franchise. However, remember that you don’t get the ongoing franchise support for a business opportunity, and that you need to conduct extra research with a business opportunity compared with the franchise research undertaken, since it may not have the same legal obligations as franchises do to disclose certain details about the business, like the financial health of the operation. A Business Opportunity does not include documentation such as The Franchise Agreement.