Tag: Franchise Discovery Day

20 Questions for a Franchise Buyer for Successful Franchise Investment
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20 Questions for a Franchise Buyer for Successful Franchise Investment

As a franchise buyer, how do you prepare for Discovery Day or the day you first meet your franchisor? Most of the time, the face-to-face meeting happens at the headquarter, a place you are not familiar with, which adds to little nervousness. Not always, though, if you are a smart buyer.  At this meeting, you discuss with the franchisor everything about their business, the growth opportunities, the cost, any existing litigation and various other factors. Remember, this is not another job interview where you answer questions without asking any or by getting too intimidated by the flash and glow of everything. So, for Discovery Day, we've got you 20 questions that you must check with your franchisor on the first day of the meeting. Competitor Check: Find out from the horse's mouth ...