From hamburger restaurants to frozen yogurt shops, from greeting card outlets to videotape rental stores, the list continues to increase. The people setting up franchise ideas and businesses know a good thing, and are strongly promoting their ideas with big money national advertising. Franchises for just about every conceivable kind of business are being sold in ever increasing numbers.
Some franchises are very good.
They treat both the franchisor and the franchisee very well. Others are very one-sided. Still others are almost total rip-offs that can trap one into paying ten to fifty times the actual value of the business idea, equipment, or whatever it is they are trying to sell. Before putting any money into a franchise, you should investigate everything completely. We've prepared a list of questions you should be asking and to which you should get satisfactory answers to before investing.