How to get a franchise business

How to run a franchise business - The fdd offers a gold mine of information, like bankruptcy filings by the franchisor, litigation involving the company and/or its executives, the type of training the franchisor offers franchisees, and costs that may not seem obvious, like opening day expenses when headquarters may want you to give away free stuff and do special promotions. Situations like these are particularly attractive because although franchisees will probably have to put up a portion of their personal assets as collateral for the loan, at least they won't have to zero out their bank accounts or tap retirement funds to set up shop. Most franchises will limit the number of stores that they open in a given area because of fears of market saturation and diminishing returns, many franchises will still try to fit as many retail locations into a given area as possible. You may be able to remove problematic conditions, such as gag rules that prevent disgruntled franchisees from complaining publicly; stipulations that the franchiser can change its policies unilaterally; and requirements that disputes be arbitrated in the home state of the franchiser.

Food Franchise - How to get started in a food franchise business?

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