If you are thinking about buying a franchise, there are many opportunities in a variety of industries that you may find suitable. However, like everything else in life, while searching for the right franchise for you to buy you need to be on the lookout for potential scams when buying a business. You will have to be wary of these scams while searching for your perfect franchise opportunity, and take precautions so as not to fall prey to them.
Avoiding a franchise scam is the best defense against losing your investment to an unscrupulous franchisor. Here are some red flags that may indicate you are dealing with a potential scam artist: Read full details