When your business is successful and growing, the idea of franchising can be incredibly enticing. After all, it’s an easy way to expand your company’s presence while leveraging the passion and drive of aspiring entrepreneurs who want to manage their own location. However, it’s important to think through this decision and determine whether becoming a franchise is right for your business at this time.
Click to read insights and tips from Forbes Coaches on what entrepreneurs should know about franchising their business, including some pros and cons might they not have considered. Here are 15 important questions to ask yourself before taking the leap.
Lori Harris is a member of the Forbes Coaching Council, and Managing Partner of Harris Whitesell Consulting.
