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Seven homework lessons for prospective franchisees

September 6, 2017

Do your own due diligence before inking a franchise deal

It’s kind of a big deal to enter into a franchise agreement. There are hours of interviews, franchise disclosure documents, reams of financial statements, and days of discovery.

And that’s largely for the benefit of the company determining whether it wants to sign you on as a franchisee.

But it’s advisable to turn the tables somewhat, and see whether you want to work with them.

Here are seven things to do before you enter into a franchise agreement, be it with Tint World® or any other national franchising operation:

  1. Contact other franchisees within the company and ask about franchise support, especially getting the store up and running.
  2. Inquire about the franchise’s marketing and advertising plans, and ask other franchisees how effective they are, especially if you are required to stick to a company marketing template.
  3. Make sure you know what any upfront fees are covering, including legal and CPA services.
  4. Ask the franchise you are considering courting whether they have testimonials and client success stories they are willing to share. They should, and if they don’t, that could indicate dissatisfaction among franchisees.
  5. Examine the all-around track record of your company. A lot of information should be available in the franchise disclosure documents companies are legally required to release. Look for litigation; what states they are allowed to operate in; and the overall franchise approval and closure rates.
  6. Talk to customers or clients of the franchise you are considering. How would they rate the company? Were they pleased with the services received?
  7. Stalk your company’s online presence and reviews to gauge client satisfaction. Reviews on Google, Yelp, Facebook and the Better Business Bureau website should give you a feel for whether customers are happy with the franchise.

The franchise world is not for everyone. It involves a substantial investment and extreme vetting on both sides of the negotiating table. So make sure exactly what you’re signing up for when you ink that franchise agreement. It’s kind of a big deal.

For information on franchising opportunities within Tint World, a national leading provider of window-tinting, vehicle accessories and electronics, download our franchise kit today.

Contact Us Today For More Info! 888-629-8777

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Contact Us Today For More Info! 888-629-8777

Tint World® Franchisee Testimonials

Tint World® Franchisees love to share their success stories.

Excellent franchise. They have everything you need to be successful. I look forward to the Tint World® Franchise Convention and Awards Banquet training every year. They offer the greatest brands and have a great corporate team.

Tim Kjaer

Owner of Tint World®

Medford, NY

The marketing department of Tint World® is amazing. I have an automotive accessory background and I prefer to be part of the franchise system because they do it for me at my stores. It is a huge added value to what they offer.

Danny Rios

Owner of Tint World®

San Antonio, TX

I chose to join the Tint World® family and become owner of the Pittsburgh location after seeing the massive success the franchisees are having and learning about the dedication that the Tint World® corporate team has for the store owners to thrive.

Brandon Blume

Owner of Tint World®

Pittsburgh, PA

Opening a Tint World Franchise has been a great experience. We've been open for a little over a year now and have far exceeded our goals!

Donnie Saucier

Owner of Tint World®

Gulfport, MS

I want to thank the CEO, Charles Bonfiglio for being a great role model for the last five years and taking the time to share his wisdom with me; business and non-business related. He represents everything I'm striving to become one day - in business, as a father and a husband - a true inspiration! Thank you!

Danny Shenko

Owner of Tint World®

Fort Lauderdale & Sunrise, FL

This is an excellent franchise opportunity. The Corporate Team is great to work with. Charles' passion and excitement is contagious!

Richard Martin

Owner of Tint World®

Albany, NY

We have had a great transition from the moment we considered a franchise purchase with Tint World to opening our store. They have a great team to support you the entire way!

Xan Owens

Owner of Tint World®

Morgan Hill, CA

I chose to open a Tint World franchise after seeing several stores and meeting the dedicated, professional staff at the corporate office. They are very real people that care about creating opportunity for more people to build their own successful business.

Jeff Rackley

Owner of Tint World®

The Colony, TX

The reason I chose Tint World is that they treat you like family. I felt very welcomed during Discovery Day and Charles, the CEO is so passionate with Tint World and it shows it in how Tint World keeps successfully growing.

Pedro Flores

Owner of Tint World®

Midland, TX

I just wanted to thank you all for the training at Corporate. It’s obvious to me why the Franchise is growing so fast. Having the right leadership, employees and products is what every business strives for and I see it all in Tint World. I am very excited to get my contribution added to your family and I'm looking forward to learning more from everyone there.

Stephen Klein

Owner of Tint World®

New Orleans-Elmwood, LA

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Call to speak with a Tint World® Franchise expert at 888-629-8777,
or download our franchise kit today for more info!

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