The Five Most Important Questions to Ask a Franchisor Before Buying a Franchise

Before buying a franchise, the most important questions to ask a franchisor are:

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What Does a Franchise Owner Do?

 

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Advantages and Disadvantages of Being a Franchisor

So, business is going well – so well in fact that you are thinking about expanding. This is a major accomplishment, as a majority of new businesses fail, and a great indicator that you have done a great job up until this point.

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What a Franchise Royalty Fee Gets You

One expense that nearly all franchisees pay is the royalty fee. The fee is usually a percentage of gross monthly revenue, although depending on the agreement between franchisee and franchisor, it could be a percentage of weekly revenue. The actual percentage also depends on the nature of the[...]

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