1. In the event you need to invest more capital in the franchise, how much could you invest and where will it come from?
2. Will anyone assist you in operating the franchise? What are their qualifications?
3. What skills do you have that you believe will make you a successful franchisee? Do you, your partner or spouse have experience working in or operating a business comparable to this franchise?
4. If some unforeseen event occurred that would prevent you from operating the franchise, who would you depend on to replace you?
5. What are the major concerns you might have about being successful? Have you considered anything that could go wrong?
6. Have you done a business plan, income statement proforma and cash flow projection? Are you utilizing the services of an accountant? What do project your sales will be in six months after opening? After one year?
7. What other franchises have you considered? Why have you chosen our franchise?
8. Do you have any suggestions or ideas for promoting your franchise once you’re open? Any contacts or networking you can use to help generate business?
9. How many franchisees do you plan on contacting to obtain feedback? Have you already spoken to any franchisees? If yes, any comments regarding what they said?
10. Do you have a long- term operational strategy for the franchise? Any interest in eventually acquiring additional franchises?