Before signing a franchise contract, a potential franchisee should obtain the services of which of the following
A) A union representative, an attorney, and a technical writer
B) An attorney, an accountant, and a banker
C) A banker, an accountant, and a contract law consultant.
D) An accountant, another franchisee, and a banker

Question

Quizplus · Accepted Answer

Before signing a franchise contract, a potential franchisee should obtain the services of an attorney to review the contract and advise on legal matters, an accountant to review the financial aspects, and a banker to provide financing options. While the other options may be useful in some cases, they are not as essential as having legal, financial, and banking expertise.

Before Signing a Franchise Contract, a Potential Franchisee Should Obtain