Final Answer Take the guesswork out of franchising with answers to these top 10 franchise questions--guaranteed to put you in the know.
By Sara Wilson
Opinions expressed by Entrepreneur contributors are their own.
As much as a franchise might help ease you into business, choosing which one to buy is a major decision that will shape the course of your life. For those of you who want to buy a franchise but aren't quite sure where to start, look no further--we went out and did the legwork for you. We asked franchisees, franchisors and experts what they consider to be the top questions across all categories, including money and financing, personal satisfaction with the franchise, finding a business with the right fit, and system issues. To help you on your journey, we've compiled a list of the top 10 questions to ask yourself, franchisors and existing franchisees.
And just to give you one more helpful nudge, we even got the inside scoop on how to interpret the answers you receive. So fire away. After all, it's your due diligence from this point on that will really determine your future success.
General Question:
1. Is it a good product or service?
When Luigi Cruz purchased his Beard Papa's franchise in San Francisco in March 2005, he moved through the process confidently because he fully believed in the product. It was important for him to know that the cream puffs he was basing his franchise on would measure up. Cruz, 44, wanted a product that was unique yet already somewhat familiar
The rest of this article is locked.
Join Entrepreneur+ today for access.
Already have an account? Sign In