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- Franchise_validation abstract "During the process of investigating a franchise opportunity, a prospective buyer (prospect) will interview current franchise owners (franchisees). This step is often referred to as "validation." During the validation process, the prospect will call on as many franchisees as possible and conduct extensive interviews to gather information about the franchise opportunity. Interviewing franchisees is a valuable source of information for the prospect since it is a way to get unfiltered opinions about the franchise system.A complete list of current franchisees will be listed in a franchise's Franchise Disclosure Document (FDD). In addition, some franchisors will provide a list of current franchise owners to contact. Contacting franchisees can be a time-consuming and frustrating experience for the prospect, and for that reason many drop out of the investigation process at this stage. Franchisees are typically busy people; once contacted, many will openly and honestly share the lessons they've learned. While happy franchisees are generally a strong sign of a healthy franchise system, a prospect should expect some negative feedback. In fact, a prospect should seek out unhappy franchisees as diligently as happy ones, since their perspectives can help prospects identify potential pitfalls and set appropriate expectations.There are firms that independently survey franchsiees and offer this validation service. Be certain to review the methodology used by the research company before using the data for making decisions.".
- Franchise_validation wikiPageExternalLink www.americasbestfranchises.com.
- Franchise_validation wikiPageExternalLink Pancakes-and-buying-a-franchise.aspx.
- Franchise_validation wikiPageExternalLink franchise-marketing-18.php.
- Franchise_validation wikiPageExternalLink www.mysteryvalidation.com.
- Franchise_validation wikiPageID "5693698".
- Franchise_validation wikiPageLength "4222".
- Franchise_validation wikiPageOutDegree "3".
- Franchise_validation wikiPageRevisionID "570213313".
- Franchise_validation wikiPageWikiLink Category:Franchises.
- Franchise_validation wikiPageWikiLink Franchise_Disclosure_Document.
- Franchise_validation wikiPageWikiLink Franchise_disclosure_document.
- Franchise_validation wikiPageWikiLink Franchising.
- Franchise_validation wikiPageWikiLinkText "Franchise validation".
- Franchise_validation hasPhotoCollection Franchise_validation.
- Franchise_validation subject Category:Franchises.
- Franchise_validation type Company.
- Franchise_validation type Brand.
- Franchise_validation type Company.
- Franchise_validation comment "During the process of investigating a franchise opportunity, a prospective buyer (prospect) will interview current franchise owners (franchisees). This step is often referred to as "validation." During the validation process, the prospect will call on as many franchisees as possible and conduct extensive interviews to gather information about the franchise opportunity.".
- Franchise_validation label "Franchise validation".
- Franchise_validation sameAs m.0d_hcq.
- Franchise_validation sameAs Q5479776.
- Franchise_validation sameAs Q5479776.
- Franchise_validation wasDerivedFrom Franchise_validation?oldid=570213313.
- Franchise_validation isPrimaryTopicOf Franchise_validation.