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Franchisor Checklist

Before you buy a franchise, find out the answers to the hard questions.
January 15, 2001
URL: http://www.entrepreneur.com/article/35998

So you've found a franchise you feel good about purchasing. But when it comes down to signing on the dotted line, feelings aren't good enough. How can you tell if this apparently ideal franchise is really the right one for you?

To test your instincts, answer each of the following 24 questions. If your answer to any of the questions is no, or if you're simply not sure how to answer, further investigation of the franchise is definitely a good idea.

The Franchise Organization

The Product Or Service

The Market Area

The Contract

Franchisor Support