In today's world, reviews for any product or service are the first stop before you make your choice and hand over your money.
The same applies if you're going to invest in a franchise. Learn all you can from the franchisees who have experienced the support and training you're about to invest in.
It's an area of the franchise industry that this episode's guest Jeff Johnson focuses on with his business Franchise Research Institute. In the episode we discuss:
- The significance of understanding the business model and conducting meticulous research, including engaging with existing franchisees.
- What questions should you be asking?
- The importance of conducting thorough research before investing
- Franchise leadership teams and feedback from franchisees
- The significance of effective communication between franchisors and franchisees
Thanks for listening and if you enjoyed this episode, don't forget to hit the subscribe button for the latest episodes!
For more insights into the franchising world check out The Franchised at - www.thefranchised.com