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    A Simple Guide to Buying a Franchise: Questions you should ask, but franchisors would rather you did not
    A Simple Guide to Buying a Franchise: Questions you should ask, but franchisors would rather you did not
    A Simple Guide to Buying a Franchise: Questions you should ask, but franchisors would rather you did not
    Ebook58 pages31 minutes

    A Simple Guide to Buying a Franchise: Questions you should ask, but franchisors would rather you did not

    By James London

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    About this ebook

    A simple guide to the questions you need to ask before buying a franchise
    LanguageEnglish
    PublisherAUK Authors
    Release dateJun 19, 2014
    ISBN9781781662342
    A Simple Guide to Buying a Franchise: Questions you should ask, but franchisors would rather you did not

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      Book preview

      A Simple Guide to Buying a Franchise - James London

      today.

      Buying A Franchise

      Some Key Areas You Need To Explore And Understand.

      The franchisor exists to make money out of you and any additional revenue streams that they can put themselves in the middle of. This can include but not be limited to putting themselves between you and prospective customers of which, more, later in this guide.

      The following is not meant to answer the hundreds of questions that you should be asking prior to entering any business venture, but is aimed at helping you to be better prepared when undertaking due diligence or meeting with prospective franchisors for the first time.

      I am not against the principal of franchising; however, I do believe that when the franchisor is dealing with individuals who are looking at possibly going into business for the first time they owe a duty of care to enable them to make a decision based on fact.

      It should not be a game of who can hide the most information until there is a signed franchise agreement at which point most prospective franchisees have been swept along on the wave of being their own boss, that they accept that, Things can be discussed once you are on board, I’ll get back to you on that one or All of that will be covered off during your training course.

      Remember, if you ask a question you need to get an answer to that question before you sign any agreement. More importantly when you get an answer, get it in writing, too often when a dispute arises without the original written answer it comes down to our understanding was or we believe that the original intention was to in other words it’s their word against yours.

      Having read one of the numerous small business or franchise based magazines or perhaps having attended one of the many franchise exhibitions that are staged, you will now have you mind working overtime putting yourself in the position of being your own boss. At this point you may well be on the verge of making that initial contact with one or perhaps more franchise operators that appeal to

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