Franchise in camper trailers
Submitted: Friday, Mar 13, 2009 at 11:46
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Gossy
anyone here own a franchise in camper trailers? Interested in a model "Johnno's campers" here in
adelaide (looking for a rep in
Adelaide as they are not here yet). Low setup cost (just need their 4 models purchased to show) and that's fairly
well it. Lower setup than "workinabox", "subway" etc and it's something I'm intereted in also!
Problem is I know nothing about profit margins, market demand etc for this market. Calling them will only give me the sales pitch.
ta,
Reply By: Best Off Road - Friday, Mar 13, 2009 at 17:45
Friday, Mar 13, 2009 at 17:45
Gossy,
Find yourself a good accountant who actually handles franchises and businesses. You'll need some advice on the profit/expense/overheads/capital oulay/utilities/insurance etc.
I once read an interesting quote that went something like,
"Business is easy. You just make/buy stuff and sell it for more than it cost you to make/buy, and a million other littles things in between."
Best Of Luck,
Jim.
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Follow Up By: Sigmund - Friday, Mar 13, 2009 at 20:39
Friday, Mar 13, 2009 at 20:39
Yeah, many small businesses go bust in short order cos they can't manage a decent cash flow.
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Follow Up By: Best Off Road - Friday, Mar 13, 2009 at 21:10
Friday, Mar 13, 2009 at 21:10
Cash flow is a much over used term Sigmund.
The more important thing to consider is having enough capital behind you to weather the first year or two.
From my experience of two new businesses
-year one, massive loss
-year two, make enough to pay the bills and eat
-year three make good profit and recoup some of the loss.
After that gradually build.
It's not for the faint hearted, is bloody hard work, and can be very rewarding.
Cheers,
Jim.
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