Tagged franchise mistakes

5 Biggest Mistakes Franchise Buyers Make

Inc.com has just published a good article listing the “5 Biggest Mistakes People Make When Buying a Franchise”.

Click here to view the article.


Be sure to read the article, but here is a list of the 5 franchise purchasing mistakes:

  1. Not understanding the market or doing proper research (Be sure to use www.Franchise-Seekers.com!)
  2. Not spending time with other franchise owners of the business you’re contemplating.
  3. Thinking you will be able to be independent.
  4. Not learning how to implement the system.
  5. You have to walk before you run.

And here is the big take-away:

“Buying a franchise isn’t for everyone. However, if and when you make the commitment to become your own boss, and you do all your homework and invest in a franchise model, follow the model, and work hard. It appears in franchising, the harder someone works, the luckier they get.”

Contact Franchise Broker Vicky Tade

Discuss this article with Vicky Tade, seasoned franchise consultant, and learn some key tips of selecting the right franchise system. Her insights will help you understand what you need to look for in a franchise opportunity to maximize your happiness and your success.

Click here to contact Vicky Tade.