There is so much that goes into spotting a great franchising opportunity. John O’Brien suggests that some of the key factors to look for are training, marketing, technology, vision and culture. A great was of finding out if a business holds what you’re looking for in all of these areas is to attend a ‘discovery day’ because it gives you the opportunity to delve in deeper into the business and see if it’s right for you.
Another key to success is putting together a great business plan! In the above podcast, John O’Brien shares practical tips on how to find out more about the financial aspects of the potential business, what to look for and who to speak to.
Have a listen!
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