Buying a franchise – 5 things you should not miss
There are many franchising opportunities in today’s economy and market, which is why it is important for a prospective buyer to have extensive information and deep knowledge as to identify the most suitable opportunity for their goals, in order to ensure the highest chances of success. For example, if you are interested in buying a franchise in industry or field, you should know that the Federal Trade Commission imposes on all franchisors to disclose a document to candidates, consisting of comprehensive information about the offering, so that franchisees can make an educated decision. You should pay much attention to all 23 items of the Franchise Disclosure Document, especially items 19 and 20, which state the earnings per unit and the contact details of present and former franchisees. Whether you decide to resort to expert advice in your financial endeavor or not, here are 5 things you necessarily have to take into account before committing to any franchise.
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