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Ten Reasons Not to Buy a Franchise
Thinking about buying a franchise? Nolo has ten franchise red flags that should cause you to potentially consider investing your time and money elsewhere:
- Questionable profitability.
- High start-up costs.
- Encroachment.
- Lack of legal recourse.
- Limited independence.
- Royalty payments.
- Inflated pricing on supplies.
- Restrictions on post-term competition.
- Advertising fees.
- Unfair termination.
Always do your due dilligence.
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Richard Kligman on April 5th, 2005 2:38 am
What you are saying is so true. I owned an Adventures In Advertising Franchise and it just was not worth the time and hassle. I got better service from ipromoteu.com with a smile and less then $100.00/month.
None of Your Business on April 5th, 2005 8:51 am
Business Opportunities Weblog | Ten Reasons Not to Buy a Franchise
Dane keeps it coming with a great post on “Ten Reasons Not to Buy a Franchise”. Check it out!
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cassy on December 22nd, 2008 7:12 am
thanks Dane, but why? what are your prove? that this 10 reasons are true?,did you try to buy a franchise b4 or one of your friend was a victim buyer of a franchise? im just asking dane.but im thankful to you for posting this information,
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