Showing posts with label hot. Show all posts
Showing posts with label hot. Show all posts

Sunday, September 1, 2013

Buy "Hot" Franchises Without Getting Burned


Buy Hot Franchises Without Getting Burned

People look to buy a franchise business often want to know:
  • 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.