Important Questions To Ask When Buying A Franchise â­ Editor's Choice

Before looking outward, evaluate your own goals and financial boundaries.

Beyond the franchise fee, ask for a detailed list of costs for equipment, real estate, and opening inventory. important questions to ask when buying a franchise

Decide if you want to be an "owner-operator" (hands-on daily) or a "semi-absentee owner" (managing from a distance). 2. Interviewing the Franchisor: The "Brass Tacks" Before looking outward, evaluate your own goals and