Ideal Business Model/Criteria
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Instructions
1. Enter your goals and preferences under Ideal Business Model in order of importance from highest at top to lowest at the bottom.
2. Weight each criteria point from 1 to 5 (1 as least important to you, 5 as most important) in the Weighting column. 3. Rank each company independently of the others (5 as highest) based only on information provided by the franchisor and franchisees. 4. Revisit your scores frequently as you collect information from franchisees and franchisors - this is an ongoing exercise and review. 5. When you have completed a task in the checklist below add the date and a yes or no in the completed box.
Disclaimer:
You should use this form only as a reference in conducting your own analysis. You should conduct an independent investigation of the potential revenue, costs and expenses you will incur in operating a franchised business. Franchisees or former franchisees, listed in the Franchise Disclosure Document, may be one source of this information. We also suggest strongly that you consult your financial advisor or personal accountant concerning financial projections and federal, state and local income taxes and any other applicable expenses or taxes that you may incur in operating a franchised business. FranNet makes no financial performance representations and does not represent that you can or will attain any particular level of revenue, costs or expenses or that you will generate income, which exceeds the initial payment of, or investment in, any franchise business.
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