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  • Add You - Questions That People Buying A Franchise Must Ask Of The Current Franchisees

    Improve and Supercharge your Work or Business Performance Starting with your Perception!
    You might be wondering out aloud, "This person probably does not have what it takes to get into a partnership with me." judging by his sloppy dressing and casual demeanor. Or perhaps you might look at a shabbily dressed person with his head bowed down as he walked along the street as if looking out fo
    st question is out of order. To give you some more value I'd like to explain the reasoning behind that question.

    In a franchise system where the franchisees are not happy they are also frequently unable to risk 'sticking their head above the parapet'. However they do know that they would feel guilty if they didn't tell you something of the issues. Therefore they will frequently point you

    Payroll Service, Changing Providers - Chapter Three: What Should Happen when I Change?
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    I am frequently asked about the questions that people contemplating buying a franchise should ask of the current Franchisees. This is such a common request that I have added an appendix to my book, Real World Franchising, with a questionnaire designed to ensure you get the full picture.

    However to give you an idea of the sort of questions that must be asked, I've included a selection of the questions here:

    2) Is your background useful in running the franchise ? Yes/No

    If Yes what is your background?....................................................................................

    4) Did the training cover all aspects of running the business?

    Yes/No

    Subsequently do you think the training was enough to get you started?

    Yes/No

    5) How did you find the support you got from the Franchisor during the initial stages of the Franchise

    Good/Indifferent/Bad

    7) What aspect of the job do you like least. How much of your time is spent doing this aspect?.....................................................................

    12) Have you incurred any significant overspends on costs?

    Yes/No

    13) What areas have been significantly overspent?...............................

    10) Which Franchisees do you think are the ones who I should definitely talk to?...................................................................................

    Perhaps you will excuse me if I don't republish the list in full. I have left out some questions that I do think are important. However you will notice that the last question is out of order. To give you some more value I'd like to explain the reasoning behind that question.

    In a franchise system where the franchisees are not happy they are also frequently unable to risk 'sticking their head above the parapet'. However they do know that they would feel guilty if they didn't tell you something of the issues. Therefore they will frequently point you i

    FedEx Shipping
    True to its motto, “we live to deliver” FedEx shipping makes a great deal of business in reaching even the most difficult and farthest destinations. FedEx shipping might as well use the song “Get Here” as its theme song.No other company in the world finds all possible measures just to get that
    he questions here:

    2) Is your background useful in running the franchise ? Yes/No

    If Yes what is your background?....................................................................................

    4) Did the training cover all aspects of running the business?

    Yes/No

    Subsequently do you think the training was enough to get you started?

    Yes/No

    5) How did you find the support you got from the Franchisor during the initial stages of the Franchise

    Good/Indifferent/Bad

    7) What aspect of the job do you like least. How much of your time is spent doing this aspect?.....................................................................

    12) Have you incurred any significant overspends on costs?

    Yes/No

    13) What areas have been significantly overspent?...............................

    10) Which Franchisees do you think are the ones who I should definitely talk to?...................................................................................

    Perhaps you will excuse me if I don't republish the list in full. I have left out some questions that I do think are important. However you will notice that the last question is out of order. To give you some more value I'd like to explain the reasoning behind that question.

    In a franchise system where the franchisees are not happy they are also frequently unable to risk 'sticking their head above the parapet'. However they do know that they would feel guilty if they didn't tell you something of the issues. Therefore they will frequently point you

    Accounting Verification by Trial Balance, Preparation of Trial Balance
    By now you should have observed that for every debit entry that is given to an account, or for every series of debits given to several accounts, there is a credit or a series of credits of an equal amount given to some other accounts and vice versa. It follows, therefore, that any time the debit balan
    id you find the support you got from the Franchisor during the initial stages of the Franchise

    Good/Indifferent/Bad

    7) What aspect of the job do you like least. How much of your time is spent doing this aspect?.....................................................................

    12) Have you incurred any significant overspends on costs?

    Yes/No

    13) What areas have been significantly overspent?...............................

    10) Which Franchisees do you think are the ones who I should definitely talk to?...................................................................................

    Perhaps you will excuse me if I don't republish the list in full. I have left out some questions that I do think are important. However you will notice that the last question is out of order. To give you some more value I'd like to explain the reasoning behind that question.

    In a franchise system where the franchisees are not happy they are also frequently unable to risk 'sticking their head above the parapet'. However they do know that they would feel guilty if they didn't tell you something of the issues. Therefore they will frequently point you

    How Turn A Franchise Agreement To Your Advantage
    Deciding to buy a Franchise is a huge decision. Once you have convinced yourself that franchising suits your character and business aspirations, have identified the right franchise, done your sums, attended the initial training and perhaps paid an initial deposit you will be presented with a Franchise
    en significantly overspent?...............................

    10) Which Franchisees do you think are the ones who I should definitely talk to?...................................................................................

    Perhaps you will excuse me if I don't republish the list in full. I have left out some questions that I do think are important. However you will notice that the last question is out of order. To give you some more value I'd like to explain the reasoning behind that question.

    In a franchise system where the franchisees are not happy they are also frequently unable to risk 'sticking their head above the parapet'. However they do know that they would feel guilty if they didn't tell you something of the issues. Therefore they will frequently point you

    Brand is About Quality
    Quality is the key to branding success. If quality is in place, it is likely that performance is also in place. Some brands tell you immediately that there is quality or at least they advertise themselves that way. Maytag is a good example of quality. Their ads boast of the bored service person becaus
    st question is out of order. To give you some more value I'd like to explain the reasoning behind that question.

    In a franchise system where the franchisees are not happy they are also frequently unable to risk 'sticking their head above the parapet'. However they do know that they would feel guilty if they didn't tell you something of the issues. Therefore they will frequently point you in the direction of a franchisee who is willing to give you a truthful picture.

    I actually learned of a problem with a franchise system I was considering in this way. The person I interviewed first was in dispute with the Franchisor and couldn't risk the potential legal action that could ensue if he was explicit with me. He therefore pointed me to another franchisee who was free to talk....

    And saved me a lot of money!

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