Useful advice

Here are some helpful tips for potential franchisees:

Gather as much information as possible

The first step that the potential franchisee has to do is to gather, through all means available, as much information as possible about the franchise of interest: from trade press, newspapers, television and internet.

Visit the franchise fairs

The fairs are annual appointments that allow to figure out with completeness the offers of multiple networks. On these occasions you can meet personally  the franchisors to take direct information.

Examine the market

The products or services given by the network under consideration should have a concrete question and, because of continuity over time, should not be subject to the moment fashion.

More attention if the franchise under consideration is newly established

In this case, you should verify the existence of one or more direct pilot units, the system may not offer the necessary guarantees and the new affiliated could itself be the object element of the test on the new concept market.

Check that the franchise system is suited to your aptitudes

You should evaluate the affinity degree with the franchise system considering your mentality and psychological predisposition.

Check your financial availability

Check that the franchise system is actually in line with your available budget. After the careful evaluation of all elements calculate the affiliation related financial commitments.

Pay the considerated franchisor’s affliliated a visit

It could be useful the conversation with the network affiliated. Pay attention to the franchisor, who refuse to communicate their franchisees’ addresses.

Verify with an expert the financial situation of the franchisor

Take advantage of what is provided by law to hand over the budgets of the latter years of the franchisor and make them check by a professional you trust.

Take the right time to decide

Do not get caught by any pressure exerted by the franchisor to reach quickly the signing of the contract.

Check carefully the franchise contract

Take your time to analyze the contract, with the help of a legal consultant too. The in force franchise law provides for the delivery of the franchise contract by the franchisor to the potential franchisee 30 days before the date set for the signing. 

Get more detailed information reading the AZ Franchising guide...