HOW TO INVESTIGATE A FRANCHISE OPPORTUNITY
We help franchise
buyers make a thorough investigation of their intended investment before
they execute a franchise agreement.
require a personal guaranty from their franchisees, and if your franchise
requires a lease of commercial real estate, the landlord, too, is likely
to require a personal guaranty. Entrepreneurs often commit a great deal
of their net worth to a franchise investment. Spending the time and
money to do a proper due diligence investigation of the investment is
Plan - And Know How to Make One
Franchise buyers often come to us without having completed a business
plan -- often not knowing how a business plan is put together. We help
our clients understand what they need to know about a franchise opportunity
and how to go about finding that information.
We counsel clients on what they need to know about:
- Likely revenue,
expenses and profits
- The quality of
the franchisor’s training and support
- How well the
operating system and the marketing program work
- What site selection
criteria will make for a successful franchise
- And many other
Although the law allows it, few franchise companies provide any information
about the income or profits that a new franchisee can expect to make.
So where will you get all the information you need to make a sound investigation
of the franchise investment?
We help clients
figure out where to get the information they need:
- Who will provide
data about revenue, expenses and income?
- Where will you
learn – before you put your money down – how well the
franchisor supports its franchisees?
- How can you confirm
that the franchisor’s systems and programs really work?
- Whose advice
can you trust on real estate issues like site selection and dealing
Learn more about
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