Wednesday, June 21, 2006

Tips on picking an affordable franchise

few tips on how to go about picking an affordable franchise:
  • Invest in a business that has a good reputation. To avoid fly-by-night operators, choose only franchisers that are members of the Association of Filipino Franchisers Inc. or the Philippine Franchisers Association
  • Choose a franchise that can deliver quickly. If not, you’ll have problems when your supplies run out.
  • Insist on hands-on training. It pays to makes it a point to invite prospective franchisees to visit one of the stores to get a feel of the business. Once they have signed up, require them to train for a week.
  • Know your products’ potential. You should know what you’re selling and believe in their potential.

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