Hi
I run my own marketing business and have been asked by a client if I would be interested in being involved in the franchsing of their business. I would have to invest my time in return for shares and have been asked to present an offer. This is where I need help. I am in principle interested as I do feel it is a franchiseable business, but determining exactly what would be a reasonable investment of my time and return on that investment is where I come unstuck. I don't know really where to begin, I have verbally asked for accounts but guess this is something I would need to see in black and white. Can anyone give me guidance or point me in a direction of someone that can. I want to go in to this with all i's dotted and t's crossed!
Many thanks
Detroit 52
Hi Detroit 52,
I will start off with a recommendation that will cost you a little $$.
Find a good small business attorney.
If you do this right at the beginning, you will be protected.
If you do this on the cheap....
The Franchise King
Joel Libava
Joel Libava,President
Franchise Selection Specialists Inc.
Cleveland, Ohio
franpro@sbcglobal.net
web-FranchiseSelectionSpecialists.com
blog-The Franchise King Blog
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