Should You Invest in a Franchise?

Franchises can be a wonderful opportunity, but there are a few key things you need to know before you invest.

On today’s episode, host Roland Frasier walks us through the pros and cons of investing in a franchise and lists helpful questions to ask before you take the leap. Then he lays out a step-by-step research checklist to help you pick the franchise that will work best for you. Some of his tips include: attending a trade show, interviewing both happy and unhappy franchisees, talking to competitors, checking out trends, analyzing franchise disclosure documents, and hiring an attorney.

Bottom line: don’t invest in a franchise without listening to this episode first. 

IN THIS EPISODE YOU’LL LEARN:

  • How much money you’ll need to invest in a franchise upfront 
  • What questions to ask a franchisor before you buy
  • Which (and how many) franchisees to interview (and what to ask them) 
  • What you need to know about franchise agreements 

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