PROS & CONS | GLOSSARY | THINGS TO CONSIDER
QUESTIONS TO ASK THE FRANCHISOR | COMMONLY ASKED QUESTIONS

  • Who is the franchisor?
  • Is the franchisor well known and firmly established?
  • What is the financial condition of the franchisor and its system?
  • What type of experience do the people representing the franchisor possess?
  • Do I have a complete understanding of the business?
  • What type of experience do I need to run this franchise?
  • What type of commitment is required on my part to run this business?
  • How much is it going to cost to get into this franchise system?
  • What are the future costs for continuing my right to operate this franchise?
  • Am I required to purchase any products or services from the franchisor directly?
  • What are the terms and conditions under which the franchise relationship can be terminated or renewed?
  • How are other franchisees in the same system doing?
  • How many franchisees have left the system during the past few years?