Taking Ownership

013 - 8 Common Objections to Buying a Franchise


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Leh and Reid explore the eight most common objections they see to buying a franchise.  They discuss the validity of those objections and whether they should hold you back from becoming a franchise owner.  The 8 Common Objections they explore include:

  1. Franchising is too expensive/I can't afford a franchise
  2. There is no freedom in owning a franchise because corporate controls the business.
  3. There is no creativity in owning a franchise.
  4. You must be an expert in the field.
  5. Franchisors get rich at my expense through royalties.
  6. Franchisees don't own their own business.
  7. Inconsistent validation on earnings is a reason to not invest in a franchise.
  8. Most of the franchises are in fast food and I don't want to get into the food services business.
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Taking OwnershipBy Leh Meriwether and Reid Trego

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