How to Investigate a Health Care Franchise

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How can I evaluate a health care franchise?

How to Investigate a Health Care Franchise

Before making any business decision it's important to do your home work but this is especially important when purchasing a health care franchise. People depend upon the integrity and reputation of the health care franchise when making important decision for the health of themselves and their loved ones.

Here is what you need to know to investigate the reputation of a health care franchise.

  • Contact the Better Business Bureau or local consumer protection agencies in the state. To locate a BBB Office use the Better Business Bureau lookup tool at: http://lookup.bbb.org

  • Request a Franchise Offering Circular prior to signing anything. The Franchise Offering Circular should disclose general information about the business experience of the franchise, litigation history, bankruptcy and other important information.

  • Government Department checks. Contact the Division of Securities or the Office of the Attorney General in your state to verify there are no complaints, irregularities or other potential negatives.

  • Speak to the Federal Trade Commission (FTC). The FTC is the federal office with oversight to consumer complaints and fraud. Visit www.ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261.
5. Visit www.entrepreneur.com to request full information about well known, nationwide health care franchise opportunities available in your area.

   

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