Can You Spot a Good Franchise Opportunity?

By: A Staff Writer

Updated on: Jul 13, 2024

Not all franchises are created equal. Watch out for these red flags 🚩 before you leap:

Shady History: Lots of lawsuits, disgruntled ex-franchisees? Steer clear.

Weak Financials: Check the franchisor’s numbers – can the business model actually make money?

Empty Promises: Too good to be true? It probably is. Be wary of unrealistic earnings claims.

Do your homework! A shiny brand name doesn’t guarantee a good business opportunity.

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