Sunday, February 24, 2008

How to Pick a Franchise

Buying a franchise is like everything else. Don't buy something from a spam email or mail order. The best two ways to buy a franchise are trade shows and online comparison sites. The online sites that list all the franchise opportunities are the best place to get started.

Once you pick 10 prospects, take a good look at them. Do you own the company or lease it? Can you will the business? Can you sell it? How much does the company want on a monthly basis, including fees, portion of sales, bonuses, etc.

There are many good franchise opportunities out there. It just takes a little patience.

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