10 Questions to Ask Yourself Before You Buy a Franchise
- Have you done your homework about the franchisor?
- Are you ready to be your own boss and follow a proven system?
- Are you, or is your company, ready to be a franchisee under the direction of a franchisor?
- Do you have the right funding to start your franchise?
- Do you have the commitment and support of your company?
- Do you have the right management?
- Have you contacted the existing franchisees?
- Does the franchisor have international experience?
- Is this concept profitable?
- Do you have the right advisors?