Joel Libava
The short answer to this question is that it depends. It depends on the model.
For example, are you looking to buy a home-based franchise like this one?
Or are you focused on opening a franchise that requires a location, or in this case, multiple locations?
In this short video, I go over the things you’ll need to do before you open your franchise-any type of franchise.
Important: make sure you add 2-3 months to open your franchise. That’s because I haven’t included the time it takes to find, choose, and research a franchise.
If you have questions after you watch the video, you can use the contact form above to ask them. I’m happy to help where I can.
Questions? Fill out the form above.
About the Author
The Franchise King®, Joel Libava, is a leading franchise expert, author of "Become a Franchise Owner!" and "The Definitive Guide to Franchise Research." Featured in outlets like The New York Times, CNBC, and Franchise Direct, Joel’s no-nonsense approach as a trusted Franchise Ownership Advisor helps aspiring franchisees make smart, informed decisions in their journey to franchise ownership. He owns and operates this franchise blog.
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