Basics of a Harris Research Franchise

If you’re thinking about buying a Harris Research franchise, there are many things to consider before signing on the dotted line. Becoming a Harris Research 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 Harris Research franchisee might be financially rewarding.

Owning a Harris Research franchise is a serious commitment and works best when you make a thoughtful, educated decision.

  • Just because you love Harris Research’s products or services doesn’t mean that you will be able to successfully operate a Harris Research franchise.
  • Being emotionally attached to the idea of becoming a Harris Research franchisee is not a state of mind in which you can effectively evaluate an opportunity.
  • Your positive experience as a customer of Harris Research 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 Harris Research franchise is for you?

Harris Research Due Diligence

You must conduct smart due diligence and determine from a business perspective whether owning a Harris Research franchise is right for you.

If you truly want own a Harris Research franchise, get all the information you can from Harris Research 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 Harris Research 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 Harris Research franchisor, Harris Research franchisee, or even yourself? Get to know the terms.

Harris Research Franchise Disclosure Document

Carefully read the Harris Research Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.

As you are reviewing Harris Research’s Franchise Disclosure Document you will have a number of calls with Harris Research’s franchise team before you will be allowed to call Harris Research franchisees.

When you are allowed to call Harris Research franchisees make sure you speak to at least five to eight franchisees. You will find that most Harris Research franchisees will be honest and unbiased about Harris Research. If you would like more information on how to dissect a Harris Research FDD consider the following resources:

  • The Educated Franchisee Chapter 8 – ' Dissecting the Franchise Disclosure Document' - Click Here
  • The FDD Exchange - Franchise Disclosure Document Checklist' - Click Here
  • PodCast with Franchise Attorney Nancy Lanard – 'What to look for in a Franchise Disclosure Document' - Click Here

Does a Harris Research 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 Harris Research 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 Harris Research franchise is the right move for you.

If you’re serious about becoming a Harris Research all franchisee and want to explore owning a Harris Research franchise, take the best first step you can and grab your copy of The Educated Franchise today!