The Franchise King® | Learn How To Become A Franchisee

Include This In Your Franchise Research

Opening a can of worms

Doing good research on a franchise you want to buy needs to include conversations with franchisees.

(This post may contain affiliate links. Please read my disclosure policy).

And these conversations must include good questions.


For example, here’s a question you can ask franchisees.



Don't miss out!
Free Franchise Buying Checklist!
Every Franchise Buyer Needs This
Invalid email address



Note: this question may open a huge can of worms.

Are you satisfied with the cost, delivery and quality of your products?”

 


If You're Determined To Seriously Improve Your Odds Of Choosing The Right Franchise To Own, Check Out My Guaranteed Franchise Research Guide!

franchise guide

The Cost

If you own a frozen yogurt franchise, you’re paying wholesale for your ingredients. Or, almost wholesale-there’s definitely profit in there for the franchisor. But, you’re still selling your frozen treats for more than you paid for the ingredients you purchased to make your product. Right? Right. So….

Ask the franchisees that you’re calling about the pricing. Is it fair? Is there enough room to make a good profit? These are important franchise research questions!

FYI: The answers you get may not be very uplifting. That’s because all of us want things to be cheaper. You may hear some complaining, so here’s the deal; if 80% of the franchisees you talk to-and hopefully visit in person are really, really riled up about the price that they’re paying for products, (the ones they buy from the franchisor) there may be an issue. Keep digging. Talk to several more franchisees.

 

Delivery

Are the franchisees getting their stuff delivered on time?

How would you like to be the owner of a pizza franchise, and you run out of pizza dough at 5:00 PM on a Saturday night? If the goods are not delivered in a timely fashion, business can’t take place. Your business. Ask the franchisees if the franchisor is good with logistics.

 

Quality

In times like these…consumers are not very forgiving. And, if you’re in the business to business space, your clients aren’t very forgiving either. The quality of your products have to be top-shelf. If your customers or clients have one bad experience with what you’re offering, it could be game-over. There doesn’t seem to be a lot of patience going around these days, so make sure that you choose a franchise that does have a great product. A quality one.

All you have to do is ask the franchisees. They’re selling the product. And, they invested a lot of money in order to have the right to do so.

 

Please Share This Article!
0Shares
Note: When you buy through links on our site, we may earn an affiliate commission. In addition, I've started to use AI to help me craft better article titles and headings.
joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes. For over 20 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is the absolute best. Do NOT engage in any franchise until you have consulted with Joel. He will save you tons of money and grief. I am absolutely convinced that if I had found Joel before I signed on all the dotted lines and spent some money with him, I would have avoided my looming crash and burn."
- Andy Mark
Free Franchise Tools Franchise Compatibility Quiz Net Worth Calculator
VIP Franchise Newsletter

Recommended Reading
How Franchises Work
How Much Is A Franchise?
Pros And Cons Of A Franchise What Is The Franchise Fee? How To Buy A Franchise
Best Franchises To Own

Top 33 Business Opportunities Starbucks Franchise Facts
Featured Franchises!
10 Best Franchise Websites
About Franchise Consultants
How To Read A FDD
Questions To Ask Franchisors
Questions To Ask Franchisees Franchise Discovery Day Franchise Reviews
A Unique Franchise Loan

Top 10 Franchise Buying Tips