Questions to Answer Before Buying a Franchise

Published on
January 25, 2023

Before you sign the franchisor’s franchise agreement, it is crucial you go through these 7 questions before buying a franchise.

  1. How much will I realistically make?
  2. How much will it cost?
  3. How quickly will it ramp up?
  4. Will the franchise provide the support I need?
  5. What are others saying about this franchise?
  6. What is the potential exit value when I sell this business in the future?
  7. Can I see myself running this type of business?

I consider question #7 the most essential question to answer before buying a franchise.

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