How do I become a franchisee?
Certificate IV in Entrepreneurship and New Business
- There are no mandated entry requirements.
Diploma of Business (Operations)
- There are no mandated entry requirements.
Diploma of Business (Business Development)
- There are no mandated entry requirements.
Diploma of Business
- There are no mandated entry requirements.
Diploma of Retail Leadership
- There are no mandated entry requirements.
Diploma of Entrepreneurship and Innovation
- There are no mandated entry requirements.
Certificate III in Entrepreneurship and New Business
- There are no mandated entry requirements.
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Common questions
How much do Franchisees earn?
As a Franchisee you’ll pay yourself a salary from the business profits. Salaries vary according to industry and business profitability, but $1,800 per week ($93,600 annual salary) before tax is a realistic wage for Franchisees at this time.
What are the job opportunities for Franchisees?
There are approximately 1,160 Australian franchise systems, and 79,000 business units are operating right now. Franchisees operate in many industries and employment sectors — but fast foods are some of the most well known.
Source: Business Franchise Australia and New Zealand
How do I become a Franchisee?
Get started as a Franchisee with the Certificate IV in Small Business Management or the Certificate IV in Franchising. These courses take 6-12 months to complete and will help you develop a business, finance, and marketing plan for your business.
Apart from skills and training, you’ll also need working capital and finance to buy the franchising rights and business premises. Franchisees can start their franchised business in three ways; Convert their existing business to a franchise (eg, your independent real estate becomes an LJ Hooker), buy an existing franchised business that has already been operating (eg, you buy your local LJ Hooker that has been operating for 10 years) and then setup a new franchise outlet (eg, you buy commercial premises and trade as an LJ Hooker).