Phase 4 of 5 · Validate the evidence
Test each finalist before you make a commitment.
Due diligence is where the claims you heard in discovery meet evidence. Review the Franchise Disclosure Document, speak with current and former owners, study the unit economics and understand every obligation in the agreement. Use qualified legal and financial professionals before signing.
Compare what you validate with the goals, budget and operating fit you established in the first three phases.
- 01Review the Franchise Disclosure Document
- 02Interview current and former franchise owners
- 03Confirm costs, earnings assumptions and territory
- 04Have the agreement reviewed before signing
