If you want to improve your chances of success as a franchisee, you’re going to have to ask some pretty bold questions during your research.
Especially when it comes to The Money.
I know that you want to know how much you’ll make if you buy a specific franchise.
I also know that you’re not sure if you’ll get truthful answers to your questions.
But you will…if you do what I suggest.
The first thing you need to do is ignore the advice of paranoid attorneys.
When Should You Ask Franchisees About Their Bank Accounts?
My franchise book lists the top 40 franchise research questions to ask current and former franchisees. Some of them are focused on money.
The last question that I provided for you was about breaking even.
The video that I just put together has to do with your most burning question.
Watch it now to learn how (and when) to ask a couple of the most crucial questions you’re going to need to know the answers of before you become the owner of the franchise business that you’ve set your sights on.
Check out my guaranteed franchise services
*Image courtesy of Casey Serin, on Flickr
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(Before You Send In Your Money & Sign Your Contract)
"I was pretty focused on a particular franchise opportunity when I reached out to Joel Libava. In the course of a 1-hour conversation, Joel was able to ask questions and provide direct advice to help clarify the process for me and help guide me through the next steps in my vetting process. He even put me in contact with other professionals who were able to help educate me further in my particular industry. The time and money were well spent."
-Brian Grayson, Cincinnati