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Tuesday, September 8, 2009

How to Research a Low-Cost Franchise


Does that franchise concept really deliver? Here’s how to find out.
By Carol Tice | Entrepreneur's StartUps - June 2009

Markus Romero didn’t like crunching numbers or sitting behind a desk; he was busy managing nightclubs and operating mobile tanning salons in Las Vegas. But after he discovered Instant Tax Service, his attitude changed.

He was so intrigued by Instant Tax’s model of targeting low-income tax filers that he took a job as a trainer for a large Instant Tax franchisee. Romero, 36, also grilled other franchisees about their first-year expenses and profits. He found the calculations easy, and he liked helping people get quick refunds. He was impressed that the franchisor offered a first-year buyback program--a strong indication that Instant Tax was confident in its model.

http://www.entrepreneur.com/magazine/entrepreneursstartupsmagazine/2009/june/202004.html






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