Only
you can make the decision. If it is
the right decision, you will join
the ranks of thousands of other franchise
owners who have successfully invested
in a franchise, and sometimes have
subsequently bought additional franchises
in the same or different systems.
So
what is a good franchise?
-
It's one that will
help you meet your own personal
and financial objectives.
-
It is a business
in an industry in which you are
interested.
-
It involves a company
and people whom you trust and
whom you believe have the knowledge,
expertise, financial resources,
and commitment to develop and
improve a competitive business.
-
It is the one that
offers products and services in
which you can take pride, and
which you will be demanded by
consumers during the life of the
franchise.
-
It's a business
that will continue to provide
programs, guidance, and other
forms of assistance which you
are persuaded, over the long term,
are worth at least the money you
pay to the franchisor for royalty
and advertising payments.
-
It's an agreement
which contains sufficient controls
over the operation of a franchise
business to convince you that
the franchisor will be able to
act to protect the uniform standards
which are a key to successful
franchise business systems.
-
It's one in which
the franchisor is dedicated to
enforcing contractual provisions
which are important to the business
success.
A
good franchise is one that will give
you benefits that you could not obtain
independently.