As a result, and as a follow up to my previous article, I've compiled my top four warning signs for delaying a franchise launch or avoiding franchising your restaurant altogether. These reasons alone or any combination would cause me to pause and "go back to the drawing board" before launching a franchise brand. No Proven Operating PrototypeOn occasion, the owner of a marginally successful restaurant or one with a minimal track record of successful performance considers expansion through franchising. Not only is this thinking irresponsible, but it disregards the fact that potential franchise buyers expect a franchise system that works and is proven. That is why although some restaurants may sell similar cuisines, the successful franchise brands do it with a new twist and an exciting environment.
Source: Forbes January 25, 2021 13:52 UTC