Basics of a 123 Refills Franchise
If you’re thinking about buying a 123 Refills franchise, there are many things to consider before signing on the dotted line. Becoming a 123 Refills franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a 123 Refills franchisee might be financially rewarding.
Owning a 123 Refills franchise is a serious commitment and works best when you make a thoughtful, educated decision.
- Just because you love 123 Refills’s products or services doesn’t mean that you will be able to successfully operate a 123 Refills franchise.
- Being emotionally attached to the idea of becoming a 123 Refills franchisee is not a state of mind in which you can effectively evaluate an opportunity.
- Your positive experience as a customer of 123 Refills should not form the basis for deciding to become a franchisee.
As an example, just because you love Big Macs doesn’t mean that you should become a McDonald’s franchisee.
Are you looking for some free resources to help you determine if a 123 Refills franchise is for you?
123 Refills Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a 123 Refills franchise is right for you.
If you truly want own a 123 Refills franchise, get all the information you can from 123 Refills and secure a qualified advisor who has experience helping people like you purchase franchises.
You may also want find that gaining a better understanding of the terms related to franchising would be helpful. If so, you may want to visit A Glossary of Franchise Terms.
Make sure that owning a 123 Refills franchise fits in with both your skills and life style objectives. If you don’t want to work evening and weekends, don’t purchase an ice cream shop. If you’re an introvert, don’t buy a franchisee that requires you to be extroverted.
Are you interested in more questions to ask 123 Refills franchisor, 123 Refills franchisee, or even yourself? Get to know the terms.
123 Refills Franchise Disclosure Document
Carefully read the 123 Refills Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.
As you are reviewing 123 Refills’s Franchise Disclosure Document you will have a number of calls with 123 Refills’s franchise team before you will be allowed to call 123 Refills franchisees.
When you are allowed to call 123 Refills franchisees make sure you speak to at least five to eight franchisees. You will find that most 123 Refills franchisees will be honest and unbiased about 123 Refills. If you would like more information on how to dissect a 123 Refills FDD consider the following resources:
Does a 123 Refills Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a 123 Refills franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a 123 Refills franchise is the right move for you.
If you’re serious about becoming a 123 Refills all franchisee and want to explore owning a 123 Refills franchise, take the best first step you can and grab your copy of The Educated Franchise today!