The initial investment to own a Simply Helping franchise is $150,000 plus GST.
Additional capital will be required for the usual costs associated with establishing any business, such as:
- Legal fees
- Accounting fees
- Office equipment
- Local area marketing
Working capital will also be necessary for the establishment period of approximately 3 to 6 months, while you build up your turnover.
The amount of capital required can vary significantly depending on each franchisee’s circumstances.
Franchisee A may start the business from home, using existing resources such as computer equipment, with plans to lease an office in the future.
Franchisee B may lease a new office with new computer equipment from day one.
To summarise, the initial Investment is fixed at $150,000 plus GST.
Additional and working capital requirements may start from $50,000 as an estimate.
We recommend you discuss working capital with your accountant.