Top Things To Know When Signing a Franchise Agreement

Top Things To Know When Signing a Franchise Agreement

Before you commit, there are essential things you need to know to avoid costly mistakes. In this video, we break down the top considerations for evaluating a franchise deal, including why it's crucial to consult with a franchise attorney, thoroughly review the Franchise Disclosure Document (FDD), and validate the franchise with current owners. Learn how to build accurate projections and why detailed due diligence can save you from financial pitfalls.

Question: What are the top things you need to know before signing a franchise agreement?

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📌 Timestamps:
00:00 Introduction to Franchise Agreements
00:38 Importance of Consulting a Franchise Attorney
01:11 Validating the Franchise and Building Projections
01:40 Detailed Cost Estimation and Avoiding Cost Overruns
02:12 The Need for Thorough Research and Homework

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About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

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