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By John Yiokaris and Faye Lucas   Deciding to purchase a franchise is a complex process. After researching the business side of the investment, prospective franchisees should carefully review the franchise agreement with their legal advisors before signing it. Many franchisors will tell you that their franchise agreement is standard and non-negotiable, and that may very well be the case; however, you should fully consider the following four key issues before you purchase any franchise. Franchise fee In addition to the actual amount of the franchise fee, you should determine if the franchise fee is refundable, and if so, how much will be refunded and under what circumstances. Typically, franchisors will return at least some portion of the franchise fee [read more…]

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