Buy A Franchise
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Buy A Franchise - Buy A Franchise, Acquire A Franchise, Franchise Your Own Business
What is a Franchise?
A franchise agreement defines a legal relationship between a franchisor (the party selling the franchise) and a franchisee (the party buying the franchise).
Is a Franchise Right for You?
Running your own business - whether or not a franchise structure is likely to change your lifestyle. No matter how long the franchise operation has been going in other locations or how successful it's been, your franchise business needs time to build in your territory. It also needs your self-discipline, determination, and hard work.
Tips & Tricks
If you're not able to review the proposed agreement without paying a non-refundable deposit, be careful. This may reflect a relationship that will always work in favour of the franchisor.
Some franchise operations are prepared to negotiate a sliding scale of fees.
In some cases you may be offered a start-up area with no existing franchise and no existing customer base. This should be factored into the purchase price as it may take years before the business actually begins to turn a profit.
