Category: Due Diligence
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How to Conduct Validation Calls with Current Franchisees
Validation calls are the most valuable hour of your due diligence. Here is who to call and what to ask.
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What Are the Hidden Costs of Franchise Ownership?
They are not really hidden: they are in the FDD. But they are easy to underestimate. Here are the ongoing costs to model before…
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Item 19 Explained: How to Read Financial Performance Representations
Item 19 is the only place a franchisor can make claims about earnings. Here is what it can and cannot tell you, and how…