Wednesday, October 23, 2013

Considering a Franchise?

If you know someone who is considering buying a franchise please have them contact me or another franchise coach before they sign any agreement and pay any fee. There are many things in those agreements that can be changed and if not, will cost the franchisee thousands of dollars they don't have to pay in many cases.  We can also see if the they have selected the correct franchise for their goals. I have 28 questions that we will discus to help them make the right decision.
 
Buying a franchise can be a great decision or not-so-great decision if you do your due diligence and research first. You will have to operate the business by the rules that the franchisor has put in the agreement plus pay a royalty to them based on sales. The royalty has nothing to do with whether you make a profit or not and a profit is never guaranteed. Do not go into it blindly, get an advisor who can guide you to the best chance for success. The money you pay them will be minimal compared to what you can lose on your own.
 
More info at www.idealetter.com, click on the franchise coach link.

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