How many years has the firm offering you a franchise been in operation? Does it have a reputation for honesty and fair dealing among the local firms holding its franchise?
Business Ownership: Starting a Small Business FIGURE 5.9 BUYING A FRANCHISE Since buying a franchise is a major investment, be sure to check out a company’s financial strength before you get involved. Watch out for scams too. Scams called bust-outs usually involve people coming to town, renting nice offices, taking out ads, and persuading people […]