Buy Hot Franchises Without Getting Burned |
- What's the franchise business failure rate?
- What's the success rate?
- How many franchisees are satisfied with their franchisors?
- How many franchisees are earning at least $150,000 a year?
- How many franchisees, if given the chance, would choose to buy their same franchise again?
It's a quick and easy read (70 pages). Easy to assimilate and apply. No one should buy a franchise before reading this book! Dr. Hayes presents the fundamentals of franchising in Cliffs Notes version with all the right questions to ask when doing your due diligence. Hayes includes a 'Checklist' of questions to ask the franchisor. This alone is worth its weight in gold. I enjoyed the process of how to validate the franchise business by interviewing franchisees and vendors. You can't imagine how helpful this can be! Available on Amazon.
No comments:
Post a Comment