This week's advice is for franchisors…
Make sure you know what your prospective franchise buyers really want in a franchise business. What are you offering? I'll ask again; what is it that you're really offering? If you're one of those new green franchise concepts, is it the sustainable part of the business model that's attracting prospective franchise buyers? If you're a mature franchise concept, do you think it's the brand that's the attractive part of your offering?
A gentle tip from The Franchise King®:
Do not buy a franchise until you know EXACTLY how to do thorough research.
Learn how here
I think that it's a lot more than those things. Agree? Disagree?
Please Vote Above….
(Why not send this post around to your fellow franchise professionals. Have them vote, too. Let's see if we're all on the same page. Maybe we are. Maybe we're not.)