I have been looking into starting or purchasing a franchise.?

Question

Is there anyone here with experience in buying, owning and or running a franchise? thank you for your answer.

Answer 1

Consider the experience you have towards the franchise of your choice. Look into start-up costs, will you need to purchase real estate, and if your chosen franchise is registered in your state. As with any business you run the risk of not succeeding, but using a franchise can help providing structure, ongoing training, and may be well known nationally, like Maaco. Last check your royalty fees, advertisement fees. These are based on your gross revenue.