{"id":37942,"date":"2021-09-13T08:45:52","date_gmt":"2021-09-13T12:45:52","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=37942"},"modified":"2024-01-29T10:33:20","modified_gmt":"2024-01-29T15:33:20","slug":"franchise-buyer-hesitancy","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/franchise-buyer-hesitancy","title":{"rendered":"Do You Have Franchise Buying Hesitancy?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"414\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/hesitant-to-buy-a-franchise-620x414.jpg\" alt=\"franchise buyer hesitancy\" class=\"wp-image-37943\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/hesitant-to-buy-a-franchise-620x414.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/hesitant-to-buy-a-franchise-320x213.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/hesitant-to-buy-a-franchise-768x512.jpg 768w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/hesitant-to-buy-a-franchise-600x400.jpg 600w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/hesitant-to-buy-a-franchise.jpg 1000w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption class=\"wp-element-caption\">(<em>A hesitant franchise business buyer<\/em>)<\/figcaption><\/figure>\n\n\n\n<p>If you\u2019re <em>not<\/em> hesitant about buying a franchise, you may want to have a trained specialist check your wiring. After all, safety first!<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"877\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/a-doctor-620x877.jpg\" alt=\"\" class=\"wp-image-37944\" style=\"width:307px;height:434px\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/a-doctor-620x877.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/a-doctor-212x300.jpg 212w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/a-doctor.jpg 707w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/figure>\n\n\n\n<p>(<em>A trained specialist<\/em>)<\/p>\n\n\n\n<p>Now I\u2019m not saying <a href=\"https:\/\/www.thefranchiseking.com\/best-franchise-to-open\">buying a franchise<\/a> is dangerous or bad. On the contrary, franchising can be good (<em>for the right person<\/em>).<\/p>\n\n\n\n<p>But when you\u2019re talking about investing a couple hundred thou into something&#8230;in this case, a franchise business, you shouldn\u2019t throw caution to the wind. Feel me?<\/p>\n\n\n\n<p>In this post, I\u2019m going to go over <a href=\"https:\/\/www.thefranchiseking.com\/franchise-rules\" target=\"_blank\" rel=\"noopener\">a few things<\/a> that may be causing you what I call \u201c<em>franchise buyer hesitancy.<\/em>\u201d<\/p>\n\n\n\n<p>In addition, I\u2019m going to provide some ideas on how to conquer your <a href=\"https:\/\/www.thefranchiseking.com\/own-a-franchise-business\">hesitancy<\/a>&#8230;your fears, so you <strong>can<\/strong> become the owner of a franchise if you so choose.<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>A Reminder About Why You&#8217;re Looking At Buying A Franchise<\/h2>\n\n\n\n<p>Before I share some of the things I know you\u2019re hesitant about, I need to remind you of something.<\/p>\n\n\n\n<p>You\u2019re thinking of doing this because you want to <a href=\"https:\/\/www.thefranchiseking.com\/consultations\">become your own boss<\/a>.<\/p>\n\n\n\n<p>Right?<\/p>\n\n\n\n<p>To that end, every time hesitancy (<em>fear<\/em>) comes into the picture, go back to the beginning, and remind yourself <em>why<\/em> you started down this path.<\/p>\n\n\n\n<p>Because as paths go, very few of them are smooth and straight.<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>A Few Things You May Have Franchise Buyer Hesitancy About<\/h2>\n\n\n\n<iframe loading=\"lazy\" width=\"625\" height=\"400\" src=\"https:\/\/www.youtube.com\/embed\/KV3eEtjHTno?si=ujWySxWPukaIq3CR\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n\n\n\n<p>Here are some things that may be contributing to your hesitancy to go the franchise business ownership route.<\/p>\n\n\n\n<p>1. Things you hear.<\/p>\n\n\n\n<p>A few examples:<\/p>\n\n\n\n<p>1. \u201c<em>Joel, I keep hearing that once you sign your franchise contract you\u2019re locked in for years-with no way out<\/em>.\u201d<\/p>\n\n\n\n<p>2. \u201c<em>I hear that the franchisors make all the money<\/em>.\u201d<\/p>\n\n\n\n<p>3. \u201c<em>I have heard people say that franchising is just a pyramid scheme where the folks at the top make the real money<\/em>.\u201d<\/p>\n\n\n\n<p>4. \u201c<em>I\u2019m afraid that franchising may just be one big scam<\/em>.\u201d<\/p>\n\n\n\n<p>Is that so?<\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>People Say<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"480\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/what-people-say-franchising-620x480.jpg\" alt=\"what they say about buying a franchise\" class=\"wp-image-37946\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/what-people-say-franchising-620x480.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/what-people-say-franchising-320x248.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/what-people-say-franchising-768x594.jpg 768w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/what-people-say-franchising.jpg 1000w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/figure>\n\n\n\n<p>I need to get this off my chest.<\/p>\n\n\n\n<p>When I hear people say, \u201c<em>people say<\/em>\u201d it reminds me of <a href=\"https:\/\/www.thefranchiseking.com\/would-you-buy-a-franchise-from-donald-trump\">him<\/a>. He says that a lot.<\/p>\n\n\n\n<p>But who <em>are<\/em> the people \u201c<em>saying\u201d<\/em> it?<\/p>\n\n\n\n<p>Exactly. Nobody knows.<\/p>\n\n\n\n<p>That said, I\u2019m going to address the 4* items people say about franchising.<\/p>\n\n\n\n<p>*There are more than 4. Some of them are included <a href=\"https:\/\/www.thefranchiseking.com\/the-top-10-franchise-business-ownership-myths\">in my two-part post on franchise myths<\/a>.<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>The Absolute Truth About Franchising<\/h2>\n\n\n\n<p>Let\u2019s get to the truth.  <\/p>\n\n\n\n<p>1. <strong>The Truth About Franchise Agreements<\/strong><\/p>\n\n\n\n<p>While it\u2019s true that franchise agreements are 5,10 or even 20 years in length, it\u2019s important for you to know that in most cases, you <em>are <\/em>allowed to sell your franchise business anytime you want. So you\u2019re not \u201c<em>locked in<\/em>.\u201d<\/p>\n\n\n\n<p>However, the franchisor needs to approve the buyer, and you may be charged a transfer fee.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>2. <strong>The Truth About Who Makes The Money<\/strong><\/p>\n\n\n\n<div style=\"width:80%;height:0;padding-bottom:56%;position:relative;\"><iframe loading=\"lazy\" src=\"https:\/\/giphy.com\/embed\/JpG2A9P3dPHXaTYrwu\" width=\"100%\" height=\"80%\" style=\"position:absolute\" frameBorder=\"0\" class=\"giphy-embed\" allowFullScreen><\/iframe><\/div><p><a href=\"https:\/\/giphy.com\/gifs\/money-make-it-rain-JpG2A9P3dPHXaTYrwu\">via GIPHY<\/a><\/p>\n\n\n\n<p>In a perfect world, both the franchisees and the franchisors make good money. But the business models are vastly different.<\/p>\n\n\n\n<p>Specifically, franchisees earn their profits from the revenue their individual store <a href=\"https:\/\/www.thefranchiseking.com\/multi-unit-franchise-owner\">or stores<\/a> bring in. And part of their revenue (<em>typically 4% to 8%<\/em>) goes to them (<em>the franchisor<\/em>).<\/p>\n\n\n\n<p>On the franchisor side, there are normally several profit centers. These include:<\/p>\n\n\n\n<p>The upfront Franchise Fee* (<em>which averages around $35,000 or so<\/em>)<\/p>\n\n\n\n<p>*Note: in most cases, only a small portion of <a href=\"https:\/\/www.thefranchiseking.com\/the-franchise-fee-dont-focus-on-it\">the Franchise Fee<\/a> is profit. The majority of the money goes back into the company.<\/p>\n\n\n\n<p>Next are the royalties. And those royalties are where the real action is for franchisors. Why?<\/p>\n\n\n\n<p>Because of math.<\/p>\n\n\n<p>&nbsp;<br \/>\n<some franchising=\"\" math<=\"\" h2=\"\"><\/some><\/p>\n\n\n<p>Simply stated, if you have 200 franchisees paying a percentage of their revenue to the franchisor&#8230;every single month, the numbers get big.<\/p>\n\n\n\n<p>For example:<\/p>\n\n\n\n<p>200 franchisees paying 6% of their revenue&#8230;let\u2019s say they\u2019re doing $25,000 a month in sales on average, means each franchisee is paying the franchisor $1500 a month in royalties. All. Year. Long.<\/p>\n\n\n\n<p>(6% of $25,000 = $1500)<\/p>\n\n\n\n<p>And $1500 X 200 franchisees = $300,000.<\/p>\n\n\n\n<p>X 12.<\/p>\n\n\n\n<p>= $3.6 million a year.<\/p>\n\n\n\n<p>In addition, the franchisor may earn profits from the goods and services they sell to the franchisees (<em>if applicable<\/em>)<\/p>\n\n\n\n<p>In any case, while the numbers are much higher for the franchisor, it\u2019s not because they\u2019re ripping off franchisees. It\u2019s because of <a href=\"https:\/\/www.thefranchiseking.com\/this-business-model-can-dominate-your-market\">the business model<\/a>. The same model that allows everyday people to own and operate their own businesses. Businesses that can potentially enjoy having great market share in their geographical area.<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>Pyramids<\/h2>\n\n\n\n<p>3. <strong>The Truth About Pyramid Schemes<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"465\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/pyramid-scheme-620x465.jpg\" alt=\"pyramid business\" class=\"wp-image-37948\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/pyramid-scheme-620x465.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/pyramid-scheme-320x240.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/pyramid-scheme-768x576.jpg 768w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/pyramid-scheme.jpg 1000w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/figure>\n\n\n\n<p>The business model of franchising isn\u2019t even a cousin to a pyramid scheme.<\/p>\n\n\n\n<p>That said, you <em>should<\/em> know what a pyramid scheme is, just in case you decide not to go the franchise route and you\u2019re <a href=\"https:\/\/www.thefranchiseking.com\/business-opportunities-are-not-franchise-opportunities\">presented<\/a> with an \u201c<em>opportunity<\/em>.\u201d<\/p>\n\n\n\n<p>From The New York Attorney General<\/p>\n\n\n\n<p>\u201c<em>A pyramid scheme is a fraudulent system of making money based on recruiting an ever-increasing number of&nbsp; \u2018investors.\u2019 The initial promoters recruit investors, who in turn recruit more investors, and so on. The scheme is called a \u2018pyramid\u2019 because at each level, the number of investors increases. The small group of initial promotors at the top require a large base of later investors to support the scheme by providing profits to the earlier investors<\/em>.\u201d <a href=\"https:\/\/ag.ny.gov\/consumer-frauds\/pyramid-schemes\">More<\/a><\/p>\n\n\n\n<p>There\u2019s another scheme that\u2019s sometimes mentioned when the word \u201c<em>franchising<\/em>\u201d comes up. It\u2019s called Multi-Level-Marketing (<em>MLM<\/em>)<\/p>\n\n\n\n<p>Blood pressure&#8230;blood pressure&#8230;watch your blood pressure, Joel.<\/p>\n\n\n\n<p>I hate MLM. Hate it. Here\u2019s why.<\/p>\n\n\n\n<p>According to the Federal Trade Commission (<em>FTC<\/em>), \u201c<em>Most people who join legitimate MLMs make little or no money. Some of them lose money. In some cases, people believe they\u2019ve joined a legitimate MLM, but it turns out to be an illegal pyramid scheme that steals everything they invest and leaves them deeply in debt<\/em>. <a href=\"https:\/\/www.consumer.ftc.gov\/articles\/multi-level-marketing-businesses-and-pyramid-schemes\"><em>Read more on MLM\u2019s and what they are<\/em><\/a>.<\/p>\n\n\n\n<p>Finally, here\u2019s a trick I learned on how to quickly determine if you\u2019re about to get suckered into buying into a MLM scheme.<\/p>\n\n\n\n<p>If (<em>out of the blue<\/em>), you get a call or email from someone who you haven\u2019t seen or heard from in 20 years, who offers to get you in on a \u201c<em>business opportunity<\/em>,\u201d and when you ask what it is, the person won\u2019t tell you until you \u201c<em>meet<\/em>\u201d or are willing to listen to a \u201c<em>presentation<\/em>,\u201d it\u2019s an MLM. So make like an airplane and take off.<\/p>\n\n\n\n<div style=\"width:100%;height:0;padding-bottom:56%;position:relative;\"><iframe loading=\"lazy\" src=\"https:\/\/giphy.com\/embed\/FxZcxuFhyJTOoBsJPE\" width=\"100%\" height=\"100%\" style=\"position:absolute\" frameBorder=\"0\" class=\"giphy-embed\" allowFullScreen><\/iframe><\/div><p><a href=\"https:\/\/giphy.com\/gifs\/SafranGroup-boeing-737-b737max-FxZcxuFhyJTOoBsJPE\">via GIPHY<\/a><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>On Scams<\/h2>\n\n\n\n<p>4. The Truth About Franchising And Scams<\/p>\n\n\n\n<p>Franchising, as a business model, is not a scam.<\/p>\n\n\n\n<p>That\u2019s not to say that there aren\u2019t any scam artists in franchising. Every industry has its share of bottom-feeding <a href=\"https:\/\/www.thefranchiseking.com\/lies-scams-pay-for-play\">grifters<\/a>.<\/p>\n\n\n\n<p>That\u2019s why it\u2019s important for you to do thorough research on the franchises you\u2019re interested in. But how, given that you\u2019ve never invested in a franchise before? Seriously. How are you supposed to know how-to do-good franchise research?<\/p>\n\n\n\n<p><a href=\"https:\/\/www.thefranchiseking.com\/definitive-guide-to-franchise-research\">By Grabbing This Franchise Research Guide<\/a><\/p>\n\n\n\n<p>Why?<\/p>\n\n\n\n<p>Because my Franchise Research Guide will teach you how to spot scams-and the scam artists who profit off today\u2019s potential franchise owners. And so much more&#8230;<\/p>\n\n\n\n<p>Again, franchising is not a scam.<\/p>\n\n\n\n<p>But you need to learn how to determine which franchise opportunities offer the best ROI along with <a href=\"https:\/\/www.thefranchiseking.com\/franchises-to-invest-in\" target=\"_blank\" rel=\"noopener\">the best chances for success<\/a>. Let\u2019s continue.<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>Franchise Reviews<\/h2>\n\n\n\n<p>Another area of the franchise industry that contributes to a person\u2019s hesitancy has to do with franchise business reviews. Or rather their hesitancy to believe the reviews they run across on these \u201c<em>review<\/em>\u201d websites.<\/p>\n\n\n\n<p>In a nutshell, there are online businesses that exist solely* for the purpose of providing reviews of franchise opportunities.<\/p>\n\n\n\n<p>*Hah! These businesses aren\u2019t \u201c<em>solely<\/em>\u201d in business to provide reviews.<\/p>\n\n\n\n<p>To be blunt, they\u2019re only in business to make money.<\/p>\n\n\n\n<p>How?<\/p>\n\n\n\n<p>Stay with me. This is where it gets weird.<\/p>\n\n\n\n<p>As I stated in <a href=\"https:\/\/www.thefranchiseking.com\/franchise-business-reviews-legit\">this in-depth article on franchise reviews<\/a>, \u201c<em>Companies that provide franchise reviews are <strong>not<\/strong> non-profit companies<\/em>.\u201d<\/p>\n\n\n\n<p>In fact, it\u2019s <strong>all<\/strong> about profit. But here\u2019s the thing.<\/p>\n\n\n\n<p>A typical consumer can\u2019t tell the difference between a paid review and a non-paid, legitimate review. Especially if they need to decipher the carefully coded words used on some of these websites.<\/p>\n\n\n\n<p><strong>Tip:<\/strong> please click the link above to read my take on franchise business review websites. Doing so will give you a better understanding of franchise reviews, franchise \u201c<em>grading<\/em>,\u201d and how they may actually be <strong>undisclosed paid reviews<\/strong>.<\/p>\n\n\n\n<p>Finally, if I was seriously looking at a franchise to own and read some great reviews on a franchise business review website, I\u2019d be more likely to go forward with my investment. And I would have had no idea that the reviews I read were most likely purchased in some hard-to-find way.<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>Other Things That Can Cause Franchise Buying Hesitancy<\/h2>\n\n\n\n<p>There are a few other things that cause today\u2019s potential franchise owners pause.<\/p>\n\n\n\n<p>Let\u2019s start off with your fear of losing money on a franchise. That\u2019s always #1 on the hit parade. And it should be. Not that franchising is bad.<\/p>\n\n\n\n<p>On the contrary, for the right person, who has enough money, who\u2019ll follow the rules, and who has the support of her loved ones, <a href=\"https:\/\/www.thefranchiseking.com\/on-owning-a-franchise\">owning a franchise can be a wonderful thing<\/a>.<\/p>\n\n\n\n<p>Of course there\u2019s no guarantee that you won\u2019t lose your money on a franchise. It <em>can<\/em> happen. Again&#8230;<strong>doing great franchise research lowers the chance of that happening to you<\/strong>.<\/p>\n\n\n\n<p>Bottom line?<\/p>\n\n\n\n<p>You need to decide how much risk you\u2019re willing to take.<\/p>\n\n\n\n<p>One way to do that is by setting a budget.<\/p>\n\n\n\n<p>In other words, come up with a figure that represents the most you\u2019ll invest in a franchise-and stick to it.<\/p>\n\n\n\n<p>Finally, you need to have money set aside for your personal expenses, as it\u2019s going to take a while <a href=\"https:\/\/smallbiztrends.com\/2013\/02\/franchise-ownership-payoff.html\">for your new business to break-even and become profitable<\/a>.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>Real Estate<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"465\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-real-estate-620x465.jpg\" alt=\"franchise real estate department  \" class=\"wp-image-37949\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-real-estate-620x465.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-real-estate-320x240.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-real-estate-768x576.jpg 768w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-real-estate-1536x1152.jpg 1536w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-real-estate.jpg 2016w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/figure>\n\n\n\n<p>Another thing that causes hesitancy revolves around finding the right location for your business. Sleepless nights, too. Why?<\/p>\n\n\n\n<p>Because \u201c<a href=\"https:\/\/www.thefranchiseking.com\/location-location-location\"><em>Location, location, location<\/em><\/a>,\u201d the <em>right<\/em> location, can increase the chances of your franchise business being a successful one. And that\u2019s something that a lousy location can\u2019t do.<\/p>\n\n\n\n<p>Lastly and most importantly, would you believe me if I told you that the \u201c<em>location<\/em>\u201d part of buying a franchise tends to work itself out in a good way?<\/p>\n\n\n\n<p>Well it does. Have some faith!<\/p>\n\n\n\n<p><strong>Tip:<\/strong> you need to make sure the franchise you choose has a top-shelf real estate department! To that end, the best way to do that is to include a question or two about the real estate department when you\u2019re talking with existing franchisees.<\/p>\n\n\n\n<p><\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>FDD\u2019s<\/h2>\n\n\n\n<p>The last thing I\u2019m going to talk about is the legal stuff. Important legal stuff. The \u201c<em>stuff<\/em>\u201d you\u2019ll find in the Franchise Disclosure Document or <a href=\"https:\/\/www.thefranchiseking.com\/franchise-buyers-dont-need-to-read-the-franchise-disclosure-document\">FDD<\/a>. The franchisor will send it to you at the appropriate time-although sometimes they don\u2019t. And that\u2019s a problem. <a href=\"https:\/\/www.thefranchiseking.com\/why-wont-they-send-you-the-franchise-disclosure-document-fdd\">Read why here<\/a>.<\/p>\n\n\n\n<p>With that in mind, today\u2019s FDD\u2019s are 300+ printable pages of <a href=\"https:\/\/www.ruf.rice.edu\/~kemmer\/Words04\/usage\/jargon_legal.html\">complex legal jargon<\/a>, combined with sometimes difficult to decipher math tables, along with way too many paragraphs that include sentences that end with \u201c<em>is the responsibility of the franchisee<\/em>.\u201d<\/p>\n\n\n\n<p>Are you picking up what I\u2019m putting down? I hope so.<\/p>\n\n\n\n<p>Be that as it may, the good news is that while some of your fears&#8230;your hesitancies concerning the legalities in franchising are well-founded, there <strong>is<\/strong> a way to eliminate some of those fears.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.thefranchiseking.com\/you-need-to-hire-franchise-attorney\">Hire A Good Franchise Attorney<\/a><\/p>\n\n\n\n<p>In other words, don\u2019t try this at home.<\/p>\n\n\n\n<p>This isn\u2019t the time to tell yourself \u201c<em>I don\u2019t need a lawyer<\/em>.\u201d<\/p>\n\n\n\n<p>Because YES YOU DO.<\/p>\n\n\n\n<p>Here are a few <a href=\"https:\/\/www.thefranchiseking.com\/top-franchise-attorneys\">important reasons why you need a franchise attorney by your side<\/a> before you sign ze papers.<\/p>\n\n\n<p>&nbsp;<\/p>\n\n\n<h2>You Have A Right To Be Hesitant<\/h2>\n\n\n\n<p>To summarize, you have a right to be hesitant about investing your hard-earned money in a franchise business. If you weren\u2019t experiencing some level of fear I\u2019d worry. But here\u2019s the thing.<\/p>\n\n\n\n<p>There are plenty of excellent resources that can help you be confident in your decision to become a franchise business owner. You just need to find the best ones.<\/p>\n\n\n\n<p><em>The ones who speak the truth<\/em>.&nbsp; &nbsp;<\/p>\n\n\n\n<p>The ones who go out of their way to make sure you\u2019re making a smart, informed decision on a franchise to own.  <\/p>\n\n\n\n<p> &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&rsquo;re not hesitant about buying a franchise, you may want to have a trained specialist check your wiring. After all, safety first! (A trained specialist) Now I&rsquo;m not saying buying a franchise is dangerous or bad. On the contrary, franchising can be good (for the right person). But when you&rsquo;re talking about investing a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":37943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[2123,32],"tags":[2074],"class_list":["post-37942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-franchise-business","category-franchise-purchasing","tag-hesitancy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Franchise Buyer Hesitancy | Why Hesitating Is Okay<\/title>\n<meta name=\"description\" content=\"It&#039;s perfectly okay to have Franchise Buyer Hesitancy. 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