Why is it Important to Understand the Financial Health of the Franchisor?

A lot of people get excited about a franchise brand, but fail to examine the financial health of that company. Jania Bailey, CEO of FranNet, warns against signing a 10-year contract with a brand that doesn’t have a strong balance sheet. You must feel confident that they will be around for another 10 years. Bailey gives advice on where to look and what to look for in the FDD.

Apr 17, 2020