Due Diligence
After the introduction to the Franchisors, you will decide which one(s) you want to proceed with. There will most likely only be one that you want to really start looking into though. You will then receive a document called a Franchisor Disclosure Document (FDD). This document can ONLY been disclosed by the Franchisor. It contains information about the franchisor, including very high level financial information. This information is not going to be helpful when it comes to deciding if you want to buy that franchise. So we will arrange for calls with franchisees within that system. During those calls, we will be able to get detailed financial information and questions answered about how that specific franchise works and relationships with management.
This step is designed to ensure that you will get ALL of the information you need to make an informed decision about buying a franchise.
The Rest of the Steps
Step 1: Start Franchise Shopping
Step 5: Franchisor Introductions
Step 8: Become a Franchise Owner
