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3 Questions to Ask Before Buying a Franchise
Whether you are buying a business or a burrito, it’s important to know what you’re buying before you buy it. I realize that purchasing a new franchise can be a big risk financially, but it can also really pay off later, whereas buying a burrito has very limited financial risk upfront, but it can really cause problems later. And we move on...When looking to buy a new franchise, you must invest the time needed to carefully analyze the Franchise Disclosure Document provided to you by franchisors and to call at least 10 franchisees to get their candid feedback about the franchise business model and the answers to the following three questions:
Questions with Substance: How to Interview to Find the Right People
When you're looking to fill any kind of role in your company, filling it with the right people is imperative. A 30-minute or one-hour interview is a small amount of time to measure and observe a person's talents, skills, persona and traits. Here are some questions to include in those interviews to dig a little deeper: