New business startup and franchising

[Turn7]

Im considering going solo after too many years working for other people.

Is there a single resource that will help me understand what I need to know about running my own business ?
I appreciate thats an open question, but Im pretty savyy on the day to day stuff, its more the rules and regs and vat type stuff Im poor on.

Also, whats th considered opinion on buying a franchise as startup ?

[Turn7]

Pretty sage advice I would agree.

Any more basic points or pitfalls ?

[Turn7]

singlecoil said:

The ones worth having are viciously expensive (but worth it).

£20K sound too much ?

[Turn7]

One I'm looking at,but is not set in stone,is Riverford organic veg boxes.

Cost is just under £20k

[Turn7]

One swallow does not make a summer.

There's an existing area for sale at 19.5k . Been running for 2 years and current turnover is 175k.

I don't currently know the profit involved.

I believe there has been and is a backlash against the supers and people are prepared to pay for a genuinely better product.
And have that product on the doorstep.

[Turn7]

Thanks,some good info there.

This is very early doors right now ,and if I went with Riverfood,I would have my own new area- I inly quoted the area for sale to put some figures on the board.