The information provided is for convenience only. It is not investment advice or a recommendation, it does not constitute a solicitation to buy or sell securities, and it may not be relied upon in considering an investment in a Cardone fund. Past performance is no guarantee of future results. Any historical returns expected returns or probability projections may not reflect actual future performance. All securities involve risk and may result in partial or total loss. Investment in Cardone funds is available only to independently verified “accredited investors” through an offering made in accordance with Rule 506(c) under Regulation D of the Securities Act of 1933. Before investing in any Cardone fund, prospective investors should consider carefully the investment objective(s), risks, arches, and expenses. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of the data provided. Cardone Capital does not provide legal or tax advice. Prospective investors should consult with a tax or legal adviser before making any investment decision.

FranFinders – Five Tips to Not Get Ripped off When Buying a Franchise

Overstating the truth, puffery and hype. You need to have a clear mind and a steady focus when you’re heading down the path of buying a franchise. Multitudes of voices, each with a self-serving agenda, are out there, coaxing you toward their franchise brand. Like Sirens, they beckon you. Beware. Here are absolutely five things you need to know before investing in a franchise. Tip One – Use your head. Firstly, think about what you want to accomplish from owning a franchise. Once you have your reason, keep that as the center point for your franchise search. Tip Two – Review the Franchise Disclosure Document (FDD). Request and read through the document, understand the fees and your responsibilities.

Tip Three – Talk to existing owners. Perform due diligence by speaking with other owners and get their feedback as to how the brand is treating them. Tip Four – Complete a financial forecast. Using the numbers you receive from the FDD and your validation calls, fill out your financial projections. Don’t fall in love with the business, but fall in love with the numbers. Tip Five – Bring in experts. Enlist the aid of an attorney who specializes in franchise law to review the FDD and franchise agreement. Seek out an accountant who can review your financial projections. Find a franchise consultant to help you through the process.

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