? Is Home Based Franchising for you . ? ? There’s a benefit to purchasing a franchise that is well known I’ve heard the saying, “if you buy a McDonald’s, be prepared to eat burger’s for breakfast lunch and dinner.” In other words, your business requires commitment. . Further, they perform regular interviews with both franchisees as well as with franchisors . Conversely . Considerations when buying a franchise ?Your Banker should have access [...] . A Franchise is a business in which “… There?s a handy Business Plan workbook available at our site . Note however, that a dealership can become a Franchise IF a FEE is paid to the franchisor AND the distributor is dependent upon the franchisor’s pay structure ? *** Prepare a list of relevant questions prior to calling ? franchise ownership can be costly . ?SBA Small Business Association ?Brokerage firms and analysts Since stock information on A public company is useful ? Will the franchisor provide ongoing education and support . Common to all franchise programs, the franchisee[ you] is responsible to pay the franchisor, advertising fees, initial fees, service fees, and or royalty fees . You are responsible for payment whether your business is profitable or not ? Were demographic studies performed . This is common with many realestate ? Other programs are less restrictive and allow for the usage of both a trade name in addition to the franchisor’s brand name
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