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3 Replies Latest reply: May 4, 2012 9:07 AM by richbiscuit RSS

Franchise

tkseta Newbie
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What is a good way of checking out a franchise?
  • Re: Franchise
    A_Ellicott Novice
    Currently Being Moderated
    Talk to people that have owned the franchise for a while.
  • Re: Franchise
    NoBullFunding Apprentice
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    Every franchise is required to provide a document called an FDD (Franchise Disclosure Document) which will give a comprehensive overview of the concept, including failure rate of existing franchises, and the financial standing of the franchisor. If you go to the website of the franchise, you'll be able to order a FDD.
  • Re: Franchise
    richbiscuit Newbie
    Currently Being Moderated

    Speak to other franchisees and exercise due diligence.  I recommend the LockRite franchise for anyone living in the UK.

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