Tags
franchise knowledge, franchise outlet, franchisee enquiries, franchising guide, franchising knowledge
- Are existing outlets profitable?
- What is included in the training program, field assistance, store design and site selection.
- What are the terms and cost of supply?
- Will there be any additional working capital required after the initial fee and investment, and if so, how much?
- How many years is the franchise term for?
- Find out how many franchises have been sold
- What is the maximum number of franchises to be opened in your territory.
- Is there support once your franchise has opened its doors? What are the opening plans?
- Find out if any franchisees have been terminated. If some have, have the franchisor detail the reasons. Have any franchisees failed or gone bankrupt?
- Find out how disputes between the franchisor and franchisees are settled.
- What are the renewal terms and exit clauses?
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