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Franchise Opportunity – 5 Considerations
by: Dennis Schooley
In addition to the many questions that you should pose to a potential Franchisor, and the many questions they should pose to you, there are several other considerations for you to determine your compatibility with a particular Franchise system. If you are going to be getting into business with someone with the goal of creating an outstanding future together, you should cover more bases than just the basic questions to understand how the business makes money. That will be ultimately important of course, but several general considerations will be imperative for you to analyze as well, if you really want to understand your potential ‘strategic-partner’.
Franchisor’s Qualification System
One of the in...
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