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Good Housekeeping
Francisco Colayco, Contributor
September 13, 2012

Super Start-Up: 7 Things to Do Before Buying Your First Franchise

There are no guarantees for success when setting up a business, even if you buy into a prolific franchise, but here are tips on reducing the risks. By Francisco Colayco

Franchising is a popular business venture here in the Philippines. Everywhere you look, there is almost always one form of franchise or another. However, just because other people have earned a lot from franchises doesn't mean that you won't encounter problems of your own.

Before you say yes to a franchisor and ante up the franchise fee, here are a few tips to keep in mind:


(First published as "Franchising Facts" in the "Good Money" section of Good Housekeeping Philippines' Jan-Feb 2009 issue. Adapted for use in Female Network. Photo by Kaje via Flickr Creative Commons.)

Franchising Facts

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