Calabasas, CA asked in Mergers & Acquisitions for California

Q: What's the first step to evaluating a franchise? What should I look out for?

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1 Lawyer Answer

Jonathan R. Roth

Answered

A: First determine the reputation of the organization. Analyze what the costs are and what the training provides. Ask to talk to existing franchisees or simply go to a relatively close franchisee and speak to them. Check to see if they are registered in your state and if there are pending complaints against them.

There is a very good article written by Susan Adams on things to look at before you buy a franchise. I recommend you read it.

https://www.forbes.com/sites/susanadams/2016/06/22/12-things-to-do-before-you-buy-a-franchise/#694774ff3fe7

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