I would become a franchisee again if........
I am often asked if I would ever be a franchisee again, given my experiences as a franchisee of 3 different concepts over many years.
My answer: Yes, IF in the agreement:
- I controlled my location(s)
- There was no non-compete after the franchise term ended
- There were no personal guarantees of the franchise agreement
- There were no liquidated royalties if the business fails
- The franchisor had no right of first refusal to purchase the franchise
- There was a strong franchisee association in place already that mattered
- I had protection via the franchise agreement from encroachment
- The franchisor had a clean litigation history
Anybody know of a franchise like this?
- Franchise topic:









