Common to all franchise programs, the franchisee[ you] is responsible to pay the franchisor, advertising fees, initial fees, service fees, and or royalty fees. Will the franchisor provide ongoing education and support? With some franchise programs, the business operates using the Franchisor’s brand name only. Dealers buy products usually from the manufacturer at wholesale prices. ?Franchise Lawyer ?Federal Trade Commission Public Reference Branch ?UFOC “Uniform Franchise Offering circular — the material that is provided by law, by the franchisor to the qualified franchisee. Further, they perform regular interviews with both franchisees as well as with franchisors. Why? Home Based Franchising If you?ll need financial backing, then you will need to create a business plan. You are responsible for payment whether your business is profitable [...] There’s a benefit to purchasing a franchise that is well known ? To receive our weekly Ezine, send a blank email to: subscribe@ownabiztoday.com RSS: http://www.ownabiztoday.com/ownabiztoday.xml Bridging the GAP between Opportunity and Success, OwnABizToday (http://www.ownabiztoday.com ) Be wise and ensure that you conduct sufficient research prior to committment. This is likely the most telling of all information gathered. Additional Sources of information ?Success Magazine ?International Franchise Association www.franchise.org ?Franchise Sales Press *Get this magazine since it is known for its focus on franchise opportunities. Consequently, leading others toward business ownership has become a passion for Shawn. Considerations when buying a franchise ?
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