In this video, our expert franchise broker, Amanda Vargas, discusses the franchise ownership process.

Prospective franchisees go through a questionnaire to assess their profile and determine which concepts may be a good fit for them.

A franchise disclosure document (FDD) is reviewed for due diligence, which is a lengthy contract that provides an overview of the franchise, including technology, operations, marketing, and ownership requirements.

Franuniversity.com is a free resource that provides training and support for prospective franchise owners. Free registration here: https://www.franuniversity.com

Franchise brokers such as Amanda guide prospective franchisees through the process, including meeting with the franchisor and other franchisees, and eventually visiting the franchise headquarters. It is important to note that establishing ownership of a franchise is a process and requires committing several hours per week for research and meetings.

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