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As part of your due diligence, you should have a set of key questions ready to be posed to the existing franchisees which will guide your understanding of the franchise.
In this section, you’ll gain a comprehensive understanding of how to evaluate franchise industry sectors and market trends, which is essential for prospective franchisees and franchisors alike.
Understand how this legal document protects sensitive information such as trade secrets, proprietary processes, client lists, business practices, and other intellectual property.
If you're not looking at your income statements, you're missing how you're really doing. Here are six numbers you need to watch—and what they actually mean.