| Greetings!
This issue includes advice for those looking to buy a franchise and for franchisees ready to start up their operation. Also, you may want to sign up for our monthly newsletter, Franchise Advice and Interesting News. You'll find articles and information about the franchise industry, business topics and the economy. Subscribe by using the Sign-Up link under Quick Links. |
| Twenty Five Questions to Ask Before Buying a Franchise |
If you're considering the purchase of a franchise you should follow a process to properly investigate the franchise opportunity and gather as much information as possible about both the franchise you're considering and your own business needs and preferences.
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| Financial help from Franchisors |
Franchisors aren't traditionally thought of as a source of financing for franchisees, but many do offer financing and help to new franchises. Here's what you need to know about franchisor financing.
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| A Warning Before Buying a Franchise |
A recent article in theWSJ Bankruptcy Blog, serves as a reminder. Before you purchase a franchise be aware of "red flags." First, be sure you know who you're dealing with and confirm what they represent. In this case, a master developer, who was representing the franchisor, made questionable representations to the prospective franchisee. Second, be wary of any pressure from the franchisor to buy the franchise.
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