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Buying a franchise? Do you know what restrictions you will be under? Here's something to think about.

Your franchisor may restrict how you operate your outlet. The disclosure document tells you if the franchisor limits:

* The supplier of goods from whom you may purchase.

* The goods or services you may offer for sale.

* The customers to whom you can offer goods or services.

* The territory in which you can sell goods or services.

Understand that restrictions such as these may significantly limit your ability to exercise your own business judgment in operating your outlet.

Compare different franchise programs to find the one best suited to you and your needs.

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Thursday, September 9, 2010

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