Four Key Reasons You Must Avoid Some Franchise Companies

Business Daily Africa:

Buying into a franchise concept can be an attractive way for some people to become business owners.

Ideally, a franchise company has a proven business model, saving new investors the time, energy and money they would have to expend building concepts on their own. Unfortunately, I’ve found that many franchise companies don’t live up to this ideal.

As a consultant helping people find franchise opportunities, I’ve spotted a number of warning signs over the years:

Half the franchisees aren’t making the kind of money you want to make.

Item 19 on a Franchise Disclosure Document explains how much money a prospective franchisee could make from the franchise opportunity. Read more.

Leave a Comment

Your email address will not be published. Required fields are marked *