“If any promise is made, you should have it in writing, and if you put it in writing and it isn’t included in a franchise agreement, you should assume you are dealing with a liar and a scoundrel,” says Stewart.
But he suggests that a majority of the new offerings being marketed are “non-sustainable,” and that the number is greater than in the past.
“These fly-by-night systems come in to the market because people allow them. They buy them and they think it’s just like McDonald’s.”
There is also a slideshow called Franchising Experts Weigh In. I’m the last guy [far right] with the red face on holiday.
“If you really have no experience in an industry, like collecting dog poop, then you should work there [first]. You need to understand what that potential franchisee is going through.”