(Social Media Marketing Hub and Spoke Infographic by ralphpaglia, on Flickr) Before you make a substantial financial commitment to the franchise concept you’re interested in becoming a franchise owner of, you need to...
due diligence
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Will Your Franchise Business Package Include A Local Website?
There are so many things to remember to ask the franchise development directors as you move through the franchise research process. But, have no fear; part of my job is to make sure that you don’t forget to ask...
Ask Franchisees How They Rate Their Products And Services
You would think that asking this question of franchisees, (during your research) would yield simple answers. But, sometimes you don’t want simple answers. Sometimes you want deeper answers….the kind that...
Franchise Research Must Include Questions About Direct Competitors
Unless the franchise business concept you’re currently having a love affair with is the 1st of it’s kind, you’re going to have direct competitors. Having competitors can be good or bad, depending on...
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Questions To Ask Franchisees: Number 6
In this franchise video blog post, I’m going to teach you how to ask current and former franchisees of the franchise business opportunity that you’re looking into, a very important question. If you...
Ex-Franchisee Shares Her Biggest Blunders
This is a guest post from Nicole Franchise. She’s an ex-franchisee of a major food franchise. For obvious reasons, she’s not using her real name, and she’s also decided to keep the name of the...
Talk To A Franchise Expert
You need to talk to an expert before you buy a franchise. Why? So you don’t make a mistake and lose your money. Especially if you’ve never purchased a franchise business. “I’ve been a fan of Joel’s...
Food Franchises Stink
Believe or not, there are actually food franchise businesses that kind of stink, and should be avoided at all costs. You want names, right? Like in the post I wrote about a certain coaching franchise? Well, you...
Franchise Direct Video; Real Conversations With Real Franchisees
My strategic partner, Franchise Direct, recently put together a franchise video that goes beyond the, “Be in business for yourself, but not by yourself” industry jargon. The high-quality...
7 Due Diligence Tips For Future Franchisees
(This is a guest post from Jeff Fabian, Attorney.) Most people considering purchasing a franchise have at least heard that they need to perform “due diligence” on the franchise opportunity. However...
The Best Questions To Ask When Buying A Franchise
Asking great questions as you go through the process of buying a franchise will pay off handsomely. You can’t just go into franchise ownership blindly. You can’t just take the franchise representatives word...
