Publisher's Synopsis
Are You Thinking of Buying a Franchise or Franchising Your Own Business?
This indispensable guide tells you how to do it - and save time and money in the process.
If you are thinking of buying a franchise, you'll learn how to:
- Determine if running a franchise is right for you
- Evaluate the advantages and disadvantages of franchising
- Understand the legal terms and business decisions associated with franchising
- Navigate franchise disclosure documents and franchise agreements
- Evaluate the services and training that franchisors offer
- Identify the signs of a good franchise opportunity
If you are thinking of franchising your business, you'll find out how to:
- Select the best method for expanding your existing business
- Collect the information and documents needed to expand through franchising
- Understand the keys to establishing a good franchise system
- Evaluate potential franchisees
- Reduce attorneys' fees and other costs associated with franchising
Includes sample franchise documents:
- Sample franchise disclosure document (FDD)
- Sample franchise agreement
- Sample prospective franchisee net worth form
- Copy of FTC requirements for franchise disclosure documents
- Checklists and questionnaires for:
- Evaluating your suitability for running a franchise
- Assessing whether a particular franchise system is set up for success
- Gathering information for franchise disclosure documents and agreements
Whether you want to buy a franchise or franchise your own business, this guide reveals what to expect, how to move forward, and how to avoid costly mistakes - making it required reading.
