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Jeff Elgin has almost 20 years of experience franchising, both as a franchisee and a senior franchise company executive. He's currently the CEO of FranChoice Inc., a company that provides free consulting to consumers looking for a franchise that best meets their needs.
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Our franchise columnist looks at what happens to any franchise operator when a parent company files for bankruptcy protection.
Some franchisers will try to steer prospects to franchisees who will only sing their praises. Follow these five steps to make sure your research yields a more accurate picture of how a system is faring.
Take your time and develop a strong sense of how franchisees feel about each aspect of their marketing program before you decide to buy in.
Our franchise columnist looks how a change in the ownership structure can impact franchisees
When researching a franchise purchase, don't overlook your best source of information: current and former franchisees.