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Key Considerations When Purchasing A Franchise

BY Bob House
November 02, 2014

Buying a franchise can be a great path to business ownership for your clients. Unlike starting a business from scratch, they will be able to leverage the benefits of an established brand and a proven operating plan. But how to decide which franchise to buy?

Determining which franchise is the right fit requires careful evaluation and research of the brand's market potential, competition, and management flexibility ' just to name a few. Needless to say, there's homework to be done. No one should purchase a franchise based on who makes the best burger or gives the best haircut.

Here are a few things you and your client should consider when navigating the search process for your ideal franchise.

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