Buying a franchise
Start with the business model, then work through the costs, obligations and people behind it.
Start with what you would own and run. A franchise lets you operate under a company’s brand and business system, subject to its agreement. A dealer or installer program may focus on selling and fitting a company’s products. An international master franchise involves developing a brand across a country or region; the agreement sets the rights and responsibilities. These are different offers, so ask exactly which one you are considering.
Read guideWould you rather run a business that works on cars, homes or commercial buildings? Automotive means vehicle work. Architectural window film means film for buildings. Some brands offer both, along with other services. Start by asking what work your business would offer and what you would personally do each week.
Read guideFor a US franchise, start by asking for the current Franchise Disclosure Document, or FDD. This gives you information about the company and the offer before you buy. It has 23 numbered sections and attached agreements. Read it alongside the contract and arrange independent advice. The FTC rule applies to covered transactions, with exemptions; state requirements can also matter.
Read guideTalk to people who own the business now and people who used to own it. The company can explain how its system is meant to work; these owners can describe their own experience of running it.
Read guideWhat would it take to open the business and keep it running? Add up the premises, equipment, stock, travel for training, insurance, launch marketing and cash needed to pay business bills. The franchise fee is only one part. Royalties are ongoing fees paid to the franchise company under the agreement; other charges may continue after opening too.
Read guideStart with where you want to run the business. A global brand can offer different agreements in different countries. Ask for the documents that apply in your country, state or province before comparing offers.
Read guideWhen considering a window-tint franchise, it is natural to focus on opening day. The boundaries of the opportunity and the end of the agreement deserve the same attention. This guide offers questions to investigate; it does not determine your rights under a particular contract.
Read guideA practical comparison checklist for any country. Course eligibility, credentials and opening requirements belong to the particular program and location.
Read guideA planning exercise for prospective owners; no promised headcount, schedule, sales volume or employment arrangement.
Read guideGeneral planning questions with US and UK program examples. Local property, business and safety requirements must be checked separately.
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