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Franchise Business Buyer's Guide
A great question to ask franchisors: "What traits do your most successful franchisees share?"
Any franchisor who guarantees specific returns or asks for cash up front is breaking the law. Move on to your next prospect.
The FTC can be a big help to franchise buyers. Call them at 1-877-FTC-HELP or visit them online at http://www.ftc.gov.
If possible, try to work at a business in the same industry as the franchise you are considering. Familiarity with the industry and experience with the day-to-day realities of running a similar business will help your franchise get off to a good start.
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