How should I evaluate which franchise I should buy?
Evaluating a franchise opportunity before you invest is critical for future success. Here are a few essential questions to answer in order to make the best choice:
1) Think about how much you believe in the product or the service that the franchise delivers. Is this niche stable, long-term, expanding, etc?
2) Think in more detail about the industry’s future. What are the trade paper predictions?
3) Check your qualifications and aptitude for this position and industry. What are your hidden talents?
4) Determine and sketch out the earnings capability. What will be your future return?
