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What kind of person should buy a franchise? If it is something that you’ve considered in the past, or are now considering, then this could be a pertinent question. After all, not everyone is suited for this type of work.
Buying a franchise is a model that is often preferred to outright business ownership. It has many advantages, not least of which is that all the branding, marketing and products are already in place.
When a franchisor sells the rights to be part of their brand, they have to be sure that they are selling to the right person: somebody who will fit in and, if possible, even improve the company's standing.
When you agree to take on a franchise, the first - and the most important - step that you will be expected to take is to oversee the creation of your franchise agreement.