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