Item 15 - OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS
This Item clearly states the franchisor's expectations regarding your ongoing participation in the business, specifically outlining where you need to be personally involved.
Objective
- Identify the amount of day-to-day participation involved in owning and operating the franchise. Get a realistic expectation of your role in the actual operation of the business, and determine if this is a good fit for you.
Important Considerations
- Are the franchisor's requirements aligned with your availability to participate? Will you be able to fulfill your responsibilities as a franchisee?