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9396577
Should I buy a franchise?
Description
Decision making process for buying a franchise.
No tags specified
franchise agreement
franchise business
flowchart
franchise
none
Flowchart by
Matthew Pim
, updated more than 1 year ago
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Created by
Matthew Pim
over 7 years ago
22
0
0
Resource summary
Flowchart nodes
Do you have significant capital to invest?
Meet with banks to request a loan
Bank says:
Keep working your current job
Research franchise opportunites
Requires further information
No
No
Yes
Yes
Attend a franchise expo
Research databases/ directories
Contact the Franchisor
Study the Financial Disclosure Document
Are you satisfied with the opportunity?
No
Engage with franchisor's training/ induction process
Sign the franchise agreement
Start your business!
Yes
Start
Should I buy a franchise?
Choose Opportunity
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