Are Franchising Opportunities Calling your Name?

So, you finally decided it’s time to kick the corporate job and start your own business.  You’re not sure what you want to do, but those unsolicited emails and ads on LinkedIn about franchising opportunities are calling your name.  Most are from franchise brokers who will put you through a vetting process to determine if franchising suits you and if so, what type of franchises you should seriously consider. 

If you’ve persisted this far you will likely find something that piques your interest, and your franchise guide will present you with the standard Franchise Disclosure Document (“FDD”) that is required by law and that typically contains all the information you need to know about the franchise of your choice.  But wait, is this really enough information to make an informed decision?  The answer is an emphatic NO!  Be smart and use the disclosure information to build a model specific to your market and location to project your net profit and to sensitize it for one time start-up costs and other market driven variables.  If this seems too daunting, hire a professional like AREC to do the work for you. 

AREC has the experience to model, project and sensitize your potential net profit so that you can make an informed decision and avoid the costly mistake of purchasing a franchise that will pay you less than you earned at your old corporate job.