Video: Should I Buy a Franchise? [17:56 min]

What are the advantages and disadvantages of the Franchise form of business ownership?

View this candid video posted by Tariq Johnson, who owns two franchise locations, and offers an honest conversation about whether a potential franchisee should buy a franchise or not. After listening to his story, you should be able to understand several key concepts, including:

Why franchise ownership may be appealing.
What are the range of investments to get and keep a franchise going.
Is it preferable to obtain an existing franchise location, or a brand new one?
Some important personal characteristics that can help a franchise owner to be successful (or not).

AND BEYOND FRANCHISES - this video offers an excellent approach to Due Diligence in terms of any acquisition. So please view his comments in a broader context to maximize your viewing.

Remember - if you can stay with a faster pace - feel free to go to setting and increase speed to 1.25x to 1.5x speed.

Here is a transcript of this video.