As with any business venture, you want to research and learn as much as possible before taking the first steps towards entrepreneurship. Franchising is no different. When opening a franchise, you can either open a new franchise location or you can purchase an existing franchise location.
When opening a pre-established business, there are a different set of considerations that you need to keep in mind than if you are starting from ground zero. Here are some tips to guide you when it comes to a franchise resale.