Signs You’re Not Making the Right Franchise Investment: High Turnover
When a franchisor provides you with proper documentation, you will be able to directly see the stability of the framework of the franchise. On the FDD report, you will be able to see how many franchisees have left the franchise over the last few years, which will provide a clear indication if you are making the right choice.
A good tip to keep in mind is that a less expensive franchise will also have a higher turnover rate, as those who are willing to commit are willing to pay more to join a franchise that is successful. However, a high turn over rate in a more expensive franchise should demonstrate an unviable model. It is up to you to do the research and make sure you will not join the ranks of those who quit before you.
If you’re considering starting a Franchise Business Opportunities in windows and doors, reach out to us at Shield BP today!