Easyway franchise

Discussion in 'Starting & Running a Business' started by mkbonline, 20th Jan, 2013.

Join Australia's most dynamic and respected property investment community
  1. mkbonline

    mkbonline Well-Known Member

    Joined:
    8th Apr, 2019
    Posts:
    192
    Location:
    Kellyville, NSW
    Hello boarders,

    Anyone got experience in running Easyway franchise in sydney or rest of the country?

    I recently came across an opportunity of a new Easyway franchise. I have never done franchising or any other business before. i am MBA and work in IT consulting. Both wife and myself have 6 figure salary. Franchisor are promising good profit of around 13k per month

    Is it good idea for one of us to leave job and take up Easyway franchise?

    Cheers,
    mKB
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

    Joined:
    18th Jun, 2015
    Posts:
    41,922
    Location:
    Australia wide
    Probably not.

    You could probably employ a manager for $50k and still work and earn your 6 figure salary.
     
  3. Pete Ramoza

    Pete Ramoza Active Member

    Joined:
    1st Jul, 2015
    Posts:
    33
    Location:
    Brisbane, Qld
    I would be a bit careful in dropping everything to run a franchise especially if you don't have experience in that sort of thing. As Terry suggests, hire a manager and continue to work both your jobs until you see how it pans out.
     

Not all tax advisers are property focussed specialists and DIY errors will always cost you. We know property taxes and will advise and get it right. Even a second opinion. Contact us for an obligation free initial consult (conditions apply).