- Carry out your own market research in your proposed territory. Even if the business works elsewhere, you need to be sure it will work in your area. What is the likely customer base? What competition is there? What are the long-term prospects?
- Prepare a business plan, just as you would for any other start-up business. Base this on your own market research and on your own financial projections – not those provided by the franchisor. Consult your professional advisers for any help you need
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