To follow up our blog post from Monday (if you missed it, click here to read the full post) on ways you can better prepare yourself to buy a franchise, we mentioned that possibly the single-most important thing you can do before you buy a franchise is to talk to active and former franchisees. The
Why did you select this franchise over others? What is your background? Does the franchisor provide quality training and support as promised? How many hours a week do you work? Are you profitable? If so, how long did it take for you to become profitable? How much of a capital reserve did you start with?