Charles N. Internicola and Nick Powills of FRANX talk about what you need to know about buying a franchise including: 

1. If Buying a Franchise is Right (or Wrong) for You
- Franchise Ownership vs. Entrepreneurship
- Difference between buying an individual unit vs. multi-unit ownership

2. Franchise Buying Basics 
- Where to Find Franchise Opportunities
- Franchise Brokers
- the FDD
- the Franchise Agreement
- the Process

3. What to look for in a Franchise
- Start with the FDD
- Item 19 Financial Performance Representations
- Unit Level Economics
- Franchisee Validation
- Leadership Team and Purpose

4. Plus Factors to Look for

5. Warning Signs to be Aware of

 

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