SOME ADDITIONAL QUESTIONS

SOME ADDITIONAL QUESTIONS TO ASK FRANCHISOR
1.How many franchises are now operating?
2. Where are they located?
3. How many have failed so far?
4. Has a market survey been done in this particular area?
5. What is the current and potential competition?
6. What is my exclusive and exact territory?
7. For how long will I be guaranteed my franchise?
8. Who holds the tease to the premises?
9. What restrictions apply to the use of franchise trade mark?
10. How much is the franchise fee?
11. What is the royalty fee?
12. Who determines the prices of the products I sell?
13. Will you help me to raise the capital?
14. What
i] pre‑opening
ii] opening
iii] post opening assistance will I receive?
15. How much money will I get back if my franchise fails?
16. Can I sell the franchise?
17. Can I transfer the franchise to another person?
18. Under what conditions you will cancel my franchise?
19. What happens if the franchisor goes into liquidation?
20. What happens if I go into liquidation?