The Main Secret of Success and the Reason for Franchise Failure

It doesn't matter who you are: a potential franchisor just about to start his franchise, a businessman already selling it, or a potential buyer. In any case, it will be useful for you to know the answer to the most important question: "How to choose the right franchise or what should be a successful franchise?" The Right Franchise must meet the following Simple Requirements: ü The buyer's investment and potential profitability must meet the expectations of its buyers. This means that the franchise offer must meet the needs of the person who can buy the franchise. ü Territorial restrictions should allow obtaining the expected sales volumes, taking into account the parameters of this territory (population size, the presence of a sufficient number of target buyers, the location of competitors, etc.). ü Legitimacy and veracity of the franchisor's promises, that is, the reality of the cash flows declared in the franchise offer, calculated, for example, by th...