This is at the heart of the system of American enterprise. Have a high degree of enthusiasm about their business 3. Regard themselves as the competition 4. Know the strengths and weaknesses of their competitors 5. Meet with your accountant to discuss the amount of money you are going to need and how you should go about approaching sources for financing.
Many businesses fail because of insufficient capital to carry expenses until break even is reached.
Having the right answer today, may mean success for your business in the future. Franchisors are required by law to provide you with a copy of their Offering Prospectus. This document contains important information about the company and its management. It will also contain financial statements and a copy of the franchise agreement. Read through the prospectus yourself before turning it over to your attorney.