10 things to take care before you franchise

We met a franchise with nothing else to offer to applicants franchise, but a franchise agreement. Although this is an important document in the franchise, this is one of many components of the franchise system. You need certain things in place before opening your doors to the franchise.

Here are several questions you need answered before you entertain any investigation franchise:

Question 1: What is the franchise model? How do I know if the franchisee to make money or not?

QUESTION 2: What is your value proposition in the market?

Question 3: What causes franchise?

Question 4: What are the short and long term?

QUESTION 5: Who will be involved in the franchise?

QUESTION 6: What are franchise fees and taxes, distribution and calculations?

QUESTION 7: What are the steps and streamlining the application process for each phase?

QUESTION 8: How do you evaluate prospective franchisees?

QUESTION 9: How do you set a franchise organization?

QUESTION 10: What support and assistance they offer before opening and while the franchise is running?

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