Opening the Doors to a Franchise Business

Learn Tips from Experts:

  • Pros & Cons of Franchising
  • What Questions to Ask
  • How to Find Your Franchise Fit
  • Value of a Support Network

What new franchisee isn’t looking to that special day — the Grand Opening? It’s a day full of festivity: the ribbon cutting, the crowds, and the realization of your dream! Getting there takes curiosity, determination, and a steely resolve to find the best location for the best price.


Location, Location, Location

Sure, it’s cliché, but when it comes to finding the right spot for your business, location is cardinal. Why? Because it doesn’t matter how good your product is if customers can’t find you.

Fortunately, for new franchisees, the franchisor often has done the heavy lifting when it comes to site selection. Good franchisors have strict criteria for locating a new business. That criteria takes into account past experience; an understanding of the customer base; area demographics, and lease negotiations. Franchisors may also require that franchisees ...


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