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Should I Contact Current Franchises That I am Interested in Pursuing?

Aug 26, 2008
If you are thinking of starting your own franchise you must do your research beforehand. Even though franchises usually lend themselves to success, they can fail. Or they may not live up to what you expected in the beginning. So you should definitely take your time find the one that meets all of your needs personally and financially. You can do research online, read about franchises, consult with the franchisor, or even get a franchise attorneys advice, but the best thing you can do is contact current franchisee's who own the same franchise you are looking to start. You will hear things from the people who are doing exactly what you want to do, what could be better. So, you should absolutely contact current franchises that you are interested in!

The franchisor may take you to meet certain current franchisees so that you can see how they are doing, what they do on a daily basis, and how successful they are doing with the franchise. This can be a good experience, but remember the franchisor has chosen those franchisees for a reason. Also in that situation you may feel uncomfortable asking certain questions while the franchisor is there. So, you may choose to go back and visit them on your own time and ask those questions. This can be great deal of help for you.

But, you can also just select some to go into and ask the owner questions about how they do things, if the franchisors systems work, how supportive the franchisor is, how trustworthy or honest they feel the franchisor is, and their overall opinions of that particular franchise.

Make sure that when you are choosing franchises to visit that you choose different ones. Choose to visit franchises that are in all different areas. What works or sells in one place may not move in another area. Also choose to visit franchises that have been around for some time. They will be able to help you determine the long term success of the franchise. Also choosing to visit a newly started franchise will help you as well. It can help you to see how well the franchisor deals with new franchisees. Visiting franchises that are doing well can benefit you since they may be able to give you pointers and advice since they are doing well. You should also consider visiting a franchise location that is not doing so well. This may be able to show what does not work so that you can avoid it. But also it will allow you to see if the franchisor is in any way responsible for the lack of success. Or you may be able to see if that franchisor helps or supports those franchisees in a time of need.

It is important that you visit and talk with as many current franchisees as possible. This will be able to give you the best idea of how that franchise and franchisor operate. That way you will not be blinded or mislead in any way. You should know as much as you can before you make such a big decision.
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