Which is best, what the difference
- What is your expected return on investment. Do not consider what your return will be in the first year, but take a view over three to five years.
- Where does your passion lie, what interests you and what will make you get out of bed at 6 am on a cold damp February morning.
- What is your exit strategy? When you buy a franchise it’s a real business and as such will have a future value, therefore if you are looking at retiring sometime soon, ask yourself, what is the appetite in the market for the type of franchise I will be purchasing now. After all you would not buy a house in a poor location as reselling it would be difficult.