Basics of a Brooke Franchise
If you’re thinking about buying a Brooke franchise, there are many things to consider before signing on the dotted line. Becoming a Brooke 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 Brooke franchisee might be financially rewarding.
Owning a Brooke franchise is a serious commitment and works best when you make a thoughtful, educated decision.
- Just because you love Brooke’s products or services doesn’t mean that you will be able to successfully operate a Brooke franchise.
- Being emotionally attached to the idea of becoming a Brooke franchisee is not a state of mind in which you can effectively evaluate an opportunity.
- Your positive experience as a customer of Brooke 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 Brooke franchise is for you?
Brooke Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a Brooke franchise is right for you.
If you truly want own a Brooke franchise, get all the information you can from Brooke 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 Brooke 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 Brooke franchisor, Brooke franchisee, or even yourself? Get to know the terms.
Brooke Franchise Disclosure Document
Carefully read the Brooke Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.
As you are reviewing Brooke’s Franchise Disclosure Document you will have a number of calls with Brooke’s franchise team before you will be allowed to call Brooke franchisees.
When you are allowed to call Brooke franchisees make sure you speak to at least five to eight franchisees. You will find that most Brooke franchisees will be honest and unbiased about Brooke. If you would like more information on how to dissect a Brooke FDD consider the following resources:
Does a Brooke 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 Brooke 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 Brooke franchise is the right move for you.
If you’re serious about becoming a Brooke all franchisee and want to explore owning a Brooke franchise, take the best first step you can and grab your copy of The Educated Franchise today!