Franchises

What do I need to know before I buy a franchise?

min read
Opinions expressed by Entrepreneur contributors are their own.
This is one of those questions that's quick to ask but involves a long, multi-part answer if you want the full scoop. I'll try to give you the quick and dirty answer.

What you want to see in any franchise is a strong positive track record of performance that you can verify during your research. This gives you the security of knowing that lots of other people have gotten a franchise with the company and then done well. If you can't find this sort of track record with any franchise you're researching then find a different one to pursue.

If you would like to receive additional information about all of the many facets you should be investigating with any franchise, you can access the archived articles I've written for Entrepreneur.com over the past 10 years.

You'll find a record of over 100 articles with all the information you'll need to get a very strong idea of everything you'll need to know.

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.