Buying a franchise investment decisions require patience, objectivity and due diligence - whether you're buying an existing franchise or a new franchise.

With a franchise investment, virtually all of your assets (savings, retirement accounts, home equity, etc.) as well as ten to twenty-year franchise contract and commercial lease obligations are on the line. Unfortunately, too many over-eager, first-time franchise buyers leap into buying a franchise without understanding the in's and out's of franchise relationships, the long-term legal consequences of the franchise contract they are signing and the viability of the industry or company they have selected. In the link to the full article below, Kevin B. Murphy, Mr. Franchise, an international franchise expert and San Francisco franchise attorney who has owned a franchsie and reviewed over 500 FDD Franchise Disclosure Documents shows how to analyze franchise investments and protect yourself.