Franchise & Business Opportunity – Get All The Facts Before You Buy
A franchise opportunity may be the right business for you if you want to be your own boss but do not want to take the risk of starting a new business on your own. Make sure you get all the facts before you buy into a franchise.
Before you decide on which franchise you want to buy look at all the franchise websites and investigate the opportunities that are in the market place. Attend a franchise exhibition and speak to some of the franchisors and financiers.
Once you have narrowed it down to one or two franchises then get all the facts before you sign any documents or hand over any money. Many franchisors will use tactics like “the price is due to rise shortly” or “your territory has a lot of interest” to get you to commit sooner than you had anticipated. Ignore these types of pressure and investigate the opportunity thoroughly before you commit.
Ask for details of all the franchisees that are close to you and get in touch with them. This will help you to make up your own mind regarding the business opportunity and whether it is right for you....