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The Ten Golden Rules

Written by: Norm Friend

Article Overview: Advice for Buying a Franchise

The Ten Golden Rules

To assist in your deliberations, we have included our Ten Golden Rules. Follow these rules and you should enjoy the benefits of profitable franchising.

1. Read and understand the contents of the franchise agreement and other documentation.
2. Understand what self-employment is all about.
3. Capitalize the business properly.
4. Talk to other franchisees of the franchisor.
5. Confirm oral representations made by the franchisor.
6. Get professional advice.
7. Meet the franchisor’s operational staff.
8. Visit the franchisor’s corporate office.
9. Get the most out of the initial training.
10.Follow the system

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Article Tags: deliberations, franchise agreement, franchisees, franchisor, initial training, operational staff, oral representations, professional advice, self employment



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