Flowchart
Should I buy a franchise?
Flowchart content
Do you have significant capital to invest?
Meet with banks to request a loan
Bank says:
Keep working your current job
Research franchise opportunites
Requires further information
No
No
Yes
Yes
Attend a franchise expo
Research databases/ directories
Contact the Franchisor
Study the Financial Disclosure Document
Are you satisfied with the opportunity?
No
Engage with franchisor's training/ induction process
Sign the franchise agreement
Start your business!
Yes
Start
Should I buy a franchise?
Choose Opportunity
Information
- Description
- Decision making process for buying a franchise.
- Created by
- Matthew Pim
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