When you’re considering investing in a franchise, one of the first things you want to know is how much money you can expect to make. Unfortunately, it’s not always easy to find this information. Many franchisors are reluctant to share salary and income data with potential investors. However, there are a few ways to get an idea of what to expect. In this video, we will discuss six methods for finding out the average salary and income of franchise owners.
Tired of your job? Thinking of starting or buying a business?
Take our Biz Quiz to filter through over 10,000 business opportunities today!
Want to have a franchise specialist support you day-to-day in you franchise search/ analysis? Click here for more information:
1st way: Financial Disclosures Provided In ITEM 19 Of the FDD
2nd way: https://www.vettedbiz.com/
3rd way: https://www.reddit.com/
4th way: https://www.glassdoor.com.ar/Salaries/franchise-owner-salary-SRCH_KO0,15.htm?countryRedirect=true
5th way: https://www.tegus.com/
6th way: https://www.facebook.com/groups/franchisesecretsfb
00:37 Number 1: Franchise Disclosure Document
01:39 Number 2: Reach Out Directly to Current and Former Franchisees
02:05 Franchise Profiles on Vetted Biz
02:50 Number 3: Reddit
03:25 Number 4: Glassdoor
04:12 Number 5: Tegus
05:15 Number 6: FranchiseSecretsGroup.com