I am sorry but I have to comment on this. With respect Mike I totaly disagree with you. Being an ex franchisee I feel I am qualified to comment. I was ripped off from the beginning, I was told when I tried to sell "We will never loose money its a win win situation for us (The Franchisor)". I lost everything, my money, my house everything, because I thought buying into a franchise was safe, in reality its not all they want is your money and thats that. This is a fact 'I lost more business due to my franchisor messing around than to my competators'.
Since walking away from my franchise all I have heard from people who have been involved in franchising is horror stories.
I am sure there are a few that will do what they say but I feel most wont.
My advice to anyone who is thinking of going down that route is DONT. If you want to throw your money away, give it to me I will happily take it off your hands
. It is not only your initial stake you loose, I worked for 2 years only able to pay myself a minimal wage because they took all the profits. I paid £25000 for the fanchise, in reality in money terms I lost more like £75000+ in that time (not including my house etc)
If you want to set up a business then research on your own, you will find every thing you need to know by attending courses, talking to suppliers, and surfing the web. you will save thousands and thousands of pounds..
Can someone give my a hand off this soap box now my rant is over