Posted on May 8, 2007 by Rush Nigut

Franchise Due Diligence Resources

Are you interested in a business franchise opportunity?  It seems as though more and more Iowans are choosing franchises as an option rather than starting businesses on their own.  It is extremely to important to conduct due diligence and check out franchisors thoroughly. 

Inc.com has an excellent Guide on Buying a Franchise.  Topics covered include:

and much more.

You should also check out my podcast with Joe Cooney of Frannet which covers some basics of buying a franchise.  Joe also has a list of questions to ask franchisors.  But remember, when conducting franchise due diligence there is no substitute for digging in and working hard.  Above all, always interview as many franchisees as possible to get a better sense of how the franchisees themselves are performing.   

* I originally wrote this post for IowaBiz.com.

Tags: , , ,
Trackbacks (3) Links to blogs that reference this article Trackback URL
http://www.rushonbusiness.com/admin/trackback/35548
Rush on Business - October 14, 2007 12:35 PM
This past week I had the opportunity to attend the ABA's Forum on Franchising. What a great event! First and foremost, it was an opportunity to network with not only some of the best franchise lawyers in America. Second, I...
Rush on Business - April 17, 2008 8:51 PM
One of my franchisee clients offered a very simple question that every prospective franchisee should ask of other franchisees when conducting due diligence:What doesn't the franchisor do well? He says this evoked the best responses from franchisees whe...
Rush on Business - July 4, 2008 10:48 AM
All Business has a decent article describing the ten key provisions of a franchise agreement. However, I do take issue with the comment in Section 1 that "most franchisors offer ongoing support including administrative and technical support."...
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.







Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.