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August 17, 2007, Newsletter Issue #77: Food Franchises
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Tip of the Week
Currently, food franchises represent the largest segment of franchises. Food franchises run the gamut from full service restaurant franchises to a coffee house franchises (and everything in between).
Before making an investment in a food franchise, join some online forums and ask questions about the food franchises you are considering. Find out from previous franchise owners the good and bad things about the various food franchises. Discover which ones have good reputations and which have the reputation for not supporting their franchises very well. Many food franchisers end up buying additional franchises because of their success in the marketplace. You may also want to visit a few local food franchises, watch how they operate, and talk to the franchise owner.
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