Franchise Due Diligence

If you are looking at a franchise opportunity you should read this article from Barry Kurtz on Digging into Franchises:  The Due Diligence Minefield.  His proposed Legal Due Diligence Checklist within the article is a must read. 

The due diligence process is important when buying a franchise (or any business).  Kurtz's article deals more with buying the entire franchise company but the article is helpful even if you are buying a single franchise.  I also have multiple articles addressing due diligence issues when buying a franchise including:

Joe Cooney and I have a podcast on Buying a Franchise Basics which also has some helpful hints on franchise due diligence.  Joe has some great insight so I recommend a listen. 

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Rush on Business - January 9, 2008 7:07 AM
If you are looking at a franchise opportunity perhaps you should beware if your prospective franchisor says the following: You don't need a lawyer to review the agreement. I would prefer you don't talk with the other franchisees. You should...
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