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Franchise
Franchise Name Recognition
A primary reason for purchasing a franchise is the right to
associate with the company's name. The more widely recognized the name,
the more likely it will draw customers who know its products or
services. Therefore, before purchasing a franchise, consider:
- The company's name and how widely recognized it is. -- If it has a
registered trademark.
- How long the franchisor has been in operation.
- If the company has a reputation for quality products or services.
- If consumers have filed complaints against the franchise with the
Better Business Bureau or a local consumer protection agency.