Bard's Keys To Response Success in Franchising:

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1) KNOW YOUR FINANCIAL CAPABILITY. "We always say invest in something we can afford to lose, which is why we don't advice loans for first-time entrepreneurs, "Bards says. "People who are pressured or are too nervouse about losing money will not do well in business, because they are too uplight and can't focus on growth." Most franchisees are people who have money saved up-professionals, retirees, OFW's and even employees who still maintain their day jobs, but want to make a little more on the side. For these people, it is important to assess their budgets-if it will cover the franchise fee, the construction, the monthly overhead, and a little extra to bankroll the business for at least two years. It is important to go into a franchise that is within your financial range. 2) CAREFULLY STUDE T HE FRANCHISE. A good franchise should have been up and running for a minumum of three to five years and should have at least five stores already. Do not be afraid to ask questions, from the total investment requires, to the return on investment, to the performances of existing franchisees. 3) BE HANDS ON. A franchise is like any other business, and requires attention as well. At the start of the business, it is important for franchisees to handle the business themselves, to visit their stores regularly and keep track of what's going on. Franchisees can relax-but still not lenuent-later on, when they get the hang of things.